05-07-2025
Goldman Sachs Remains a Buy on Kotak Mahindra Bank Limited (KOTAKBANK.IL)
Goldman Sachs analyst Rahul Jain maintained a Buy rating on Kotak Mahindra Bank Limited yesterday and set a price target of INR2,603.00. The company's shares closed yesterday at INR2,128.40.
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According to TipRanks, Jain is a 3-star analyst with an average return of 9.8% and a 78.57% success rate. Jain covers the Financial sector, focusing on stocks such as Axis Bank Limited, Bajaj Finance Limited, and IDFC First Bank Ltd..
Currently, the analyst consensus on Kotak Mahindra Bank Limited is a Strong Buy with an average price target of INR2,116.88, implying a -0.54% downside from current levels. In a report released on June 27, Citi also maintained a Buy rating on the stock with a INR2,610.00 price target.
The company has a one-year high of INR2,301.55 and a one-year low of INR1,679.10. Currently, Kotak Mahindra Bank Limited has an average volume of 147.7K.