Analyst Corner — AU SFB: Downgrade to ‘neutral’, raise TP to Rs 1,075

Analyst Corner — AU SFB: Downgrade to ‘neutral’, raise TP to Rs 1,075

We are less worried about the long-term story and expect the bank to deliver well relative to new-age banking peers. That said, valuations at 3.8x/25x FY23F BV/EPS warrant caution in the near term as room for error is low.
Check the source here –Source, Financial Express.

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