Public sector banks were trading positive on Friday with Bank of India, Union Bank, Indian Bank and IDBI Bank shares trading positive. SBI, Bank of Baroda and PNB were trading marginally higher.
Sharekhan Research has reiterated a BUY recommendation for Punjab National Bank (PNB) with a revised price target of Rs 125, reflecting a potential upside from the current market price of Rs 101.
Punjab National Bank (PNB), one of India’s leading public sector banks, has been upgraded to a "Buy" by Geojit Financial Services with a target price of Rs. 111.