Pending — not yet graded
“Maintains 'buy' rating on SBI shares, raising the target price to ₹1,275 from ₹1,200, implying a 16.2% upside. The firm expects stable-to-improving margins from FCNR(B) flows, muted credit costs, and healthy growth to drive profitability in FY27, projecting average RoA/RoE of ~1%/14.6% over FY27–28E.”
JM Financial Analysis’s track record: 4 graded calls · 95% CI 5–70%
SBIBullishCalled 10 Aug 2026
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