BOB Capital Markets has maintained its BUY rating on Canara Bank with a revised target price of Rs 150, down from Rs 158, implying about 20% upside from the Oct. 14 close of Rs 125.
Prabhudas Lilladher has upgraded Canara Bank to Accumulate from Hold, trimming its target price to Rs 150 from Rs 160 while the stock was at a CMP of Rs 129 at the time of the report.
Canara Bank has delivered a notable outperformance in Q4FY25, driven by robust treasury income, recoveries from written-off accounts, and a reversal of provisions.
Market expert Mitesh Thakkar has suggested two BUY Calls and two SELL Calls for today's trading session. Indian markets are expected to open strong today.