28-06-2025
Citi Sticks to Its Hold Rating for Axis Bank Limited (AXISBANK)
Citi analyst Kunal Shah CFA maintained a Hold rating on Axis Bank Limited (AXISBANK – Research Report) yesterday and set a price target of INR1,320.00. The company's shares closed yesterday at INR1,225.10.
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Shah CFA covers the Financial sector, focusing on stocks such as Axis Bank Limited, AU Small Finance Bank Limited, and Bank of Baroda. According to TipRanks, Shah CFA has an average return of 7.6% and a 74.07% success rate on recommended stocks.
Axis Bank Limited has an analyst consensus of Moderate Buy, with a price target consensus of INR1,312.67.
Based on Axis Bank Limited's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of INR202.87 billion and a net profit of INR74.75 billion. In comparison, last year the company earned a revenue of INR378.36 billion and had a net profit of INR75.99 billion