These 7 bank stocks can give 31 to 46% returns in 1 year, according to analysts

  • Posted on September 25, 2024
  • By Business News Today
  • 3 Views
These 7 bank stocks can give 31 to 46% returns in 1 year, according to analysts

It is after quite some time that banking stocks have made a sort of comeback. HDFC Bank and other private sector banks are doing well. Some of the PSU banks have also made a recovery. The key for investors looking at the banking sector is how GDP growth is shaping up. If that is fine – as it is at this point, and is likely to remain on the same trajectory – then rest are secondary issues. There may spark bouts of selling which should be ignored. To take advantage of the fact that a part of the banking sector is being preferred on the street at this point of time, you could look at taking exposure to a mix of stocks – rather than outrightly rejecting them because of their ownership structure. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components — earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.
continue reading...

Author
Business News Today

You May Also Like