Emkay Global Financial Services has reaffirmed its BUY recommendation on RBL Bank, raising the target price by 7% to Rs 375 from Rs 350, representing a 24.6% upside from the curren
RBL Bank share price jumped 3.28 percent on Friday. The private banking counter has been trading close to its yearly highs and technical charts suggest strong momentum in the stock.
RBL Bank share price jumped 4.28 percent and the stock is currently looking bullish on technical charts. If overall markets remain positive, we can expect further momentum in RBL Bank.
In its latest research update, Motilal Oswal Financial Services has upgraded RBL Bank from 'Neutral' to 'Buy' with a target price of Rs 220, implying an upside of 17% from the current levels.