The world of investing is all about information and expert insights. Motilal Oswal is a well-respected investment firm that provides valuable research and analysis to help investors make informed decisions. Now, let’s take a closer look at their recommendations for Yes Bank share price target by Motilal Oswal.
Their recommendations are backed by extensive data analysis, fundamental research, and market trends. By studying their insights, investors can gain valuable information to support their investment strategies and optimize their portfolios.
Let’s explore the latest recommendations and future outlook for Yes Bank’s share price by Motilal Oswal.
Yes Bank
Founded in 2004 by Rana Kapoor and Ashok Kapur, Yes Bank is a private-sector bank headquartered in Mumbai, India. The bank has a presence in over 200 cities and towns across India, and offers a wide range of products and services to its customers, including savings accounts, loans, credit cards, and investment products. Yes Bank is one of the fastest-growing banks in India and has been ranked as one of the “Best Banks in India” by several financial publications.
- Customer service: 1800 1200
- Area served: India
- Products: Savings accounts, loans, credit cards, investment products, etc.
- Services: Online banking, mobile banking, ATMs, branches, etc.
Yes Bank Price Live
First of all, let’s take a look at the current share price of Yes Bank. To visualize these changes, we can refer to the Yes Bank chart which displays the historical share prices, indicating the ups and downs over time.
Motilal Oswal provides research reports to investors, which include detailed analyses, insights, and recommendations on various stocks. Let’s explore the most recent recommendations for the Yes Bank share price target by Motilal Oswal.
| DATE | 13 FEB 2019 |
| Current Price | Rs 169 |
| TARGET Price | Rs 270 |
| Type | Buy |
| Report | Read Full PDF |
Yes Bank (YES) has recently made a significant statement to the market, investors, and skeptics regarding its compliance practices in reporting bad loans. The Reserve Bank of India (RBI) has found no divergence in the asset classification and provisioning by YES for the financial year 2018.
This development is crucial, considering the months of speculation surrounding the expected magnitude of divergence that the bank was anticipated to report. Speculations ranged as high as the balance sheet size of some smaller banks, especially after the MD & CEO of YES Bank was compelled to step down by the RBI. The clarity provided by the RBI’s findings will help the bank address one of the key concerns and embark on a fresh journey under the leadership of the new MD & CEO, who is expected to assume office before March 1st, 2019.
With the management and divergence overhangs now addressed, it is expected that the bank will focus on resolving the capital raise issue in the coming months. This capital infusion will contribute to a gradual improvement in the bank’s operating performance. Based on these factors, it is recommended to maintain a Buy rating on YES Bank, with a target price of INR 270, which corresponds to 1.8 times the estimated adjusted book value (ABV) as of September 2020.
| DATE | TARGET | TYPE | REPORT |
|---|---|---|---|
| 13 FEB 2019 | 270.00 | Buy | |
| 24 JAN 2019 | 270.00 | Buy | |
| 24 JAN 2019 | 270.00 | Buy | |
| 03 OCT 2018 | 350.00 | Buy | |
| 26 APR 2018 | 444.00 | Buy | |
| 18 JAN 2018 | 410.00 | Buy | |
| 26 OCT 2017 | 382.00 | Buy | |
| 16 MAY 2016 | 1275.00 | Buy |
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