CITI Sets Buy Rating on RBL Bank with ₹390 Target
CITI Research has given RBL Bank Limited a Buy rating with a price target of ₹390.00 per share. This recommendation suggests a positive outlook on the private sector bank's investment potential. RBL Bank operates as a scheduled commercial bank in India, offering comprehensive banking and financial services to retail and corporate customers.
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CITI Research has issued a Buy rating on RBL Bank Limited, setting a price target of ₹390.00 per share. This recommendation indicates the brokerage firm's positive outlook on the private sector bank's investment prospects.
Analyst Recommendation Details
The research recommendation from CITI provides investors with guidance on the bank's stock performance potential. The price target of ₹390.00 represents the analyst's assessment of the stock's fair value based on their evaluation methodology.
| Parameter | Details |
|---|---|
| Rating | Buy |
| Price Target | ₹390.00 |
| Research Firm | CITI |
About RBL Bank
RBL Bank Limited operates as a scheduled commercial bank in India, providing comprehensive banking and financial services to retail and corporate customers. The bank serves various customer segments through its network of branches and digital banking platforms.
The Buy rating from CITI reflects the research firm's analysis of the bank's fundamentals, growth prospects, and market position within the Indian banking sector. Such recommendations typically consider factors including financial performance, asset quality, and strategic initiatives.
