05-07-2025
Goldman Sachs Sticks to Their Hold Rating for Bandhan Bank Ltd. (BANDHANBNK)
Goldman Sachs analyst Rahul Jain maintained a Hold rating on Bandhan Bank Ltd. yesterday and set a price target of INR187.00. The company's shares closed yesterday at INR179.98.
Don't Miss TipRanks' Half-Year Sale
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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..
In addition to Goldman Sachs, Bandhan Bank Ltd. also received a Hold from UBS's Vishal Goyal in a report issued on July 2. However, on the same day, Bank of America Securities maintained a Buy rating on Bandhan Bank Ltd. (NSE: BANDHANBNK).
Based on Bandhan Bank Ltd.'s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of INR21.95 billion and a net profit of INR3.18 billion. In comparison, last year the company earned a revenue of INR58.83 billion and had a net profit of INR546.26 million
