Citi Reaffirms Their Sell Rating on Punjab National Bank (PNB)
Citi analyst Kunal Shah CFA maintained a Sell rating on Punjab National Bank (PNB – Research Report) yesterday and set a price target of INR101.00. The company's shares closed yesterday at INR106.34.
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According to TipRanks, Shah CFA is a 3-star analyst with an average return of 7.6% and a 74.07% success rate. Shah CFA covers the Financial sector, focusing on stocks such as Axis Bank Limited, AU Small Finance Bank Limited, and Bank of Baroda.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Punjab National Bank with a INR63.90 average price target.
The company has a one-year high of INR128.80 and a one-year low of INR85.50. Currently, Punjab National Bank has an average volume of 1.11M.
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