Technical analyst Gaurang Shah of Geojit BNP Paribas has maintained 'buy' rating on YES Bank stock with a target of Rs 390.

According to analyst, the said target can be achieved in a period f 12 months.

Today, the stock of the bank opened at Rs 287 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 388 and a low of Rs 226 on BSE.

Current EPS & P/E ratio stood 17.55 and 17.07 respectively.

YES Bank, on Dec 07, signed up a strategic partnership with a top agriculture-infrastructure firm, National Collateral Management Services Limited (NCMSL) for security direction and warehousing services.

The intention of these services will be to help industries, dealers and agriculturists in financing their capital needs at all phases of the supply chain, ranging from pre-harvesting to the marketing and export stages.

On Nov 24, the country's new age private sector banking institution and Shinsei Bank of Japan entered into a pact to suggest firms on cross-border pacts between the two countries.

The pact will play a key role towards further increasing investment flows into the Indo-Japanese passageway, and the affiliation will permit both the banks to leverage their joint proficiency, strong local knowledge and outstanding business associations to mutually act on M&As, JVs and merchant banking chances.