Brokerages raise SBI target price after Q1 earnings beat
- Posted on August 11, 2026
- By Business News Today
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Brokerages raise SBI target price after Q1 earnings beat
State Bank of India shares faced a 2.2 percent decline on Monday, despite surpassing analysts' expectations for their June-quarter earnings. Most brokerages expressed continued optimism for the lender, with several firms increasing their target prices while maintaining a positive outlook. The consensus 12-month target price indicates a considerable potential upside from Monday's closing figures.