There is good news for the investors of Bank of Baroda (BoB). If you want to earn money by investing in government banks (PSU Banks), then you have a great opportunity.
New Delhi. There is good news for the investors of Government Bank, Bank of Baroda (BoB). If you want to earn money by investing in government banks (PSU Banks), then you have a great opportunity. You can invest money in Bank of Baroda shares. You can get a return of 60 percent in the next 6 to 1 year on investment in this bank. Its information has been given in a research report. It is generally believed that government companies and banks run according to the rules. This is the reason why investors feel safe in investing money in such places.
The stock will see a rise of 60 percent
According to foreign brokerage firm CLSA, the shares of this Bank of Baroda may jump up to 60 percent in the next 6 to 12 months. is. Apart from this, the retail asset quality of the bank has strengthened during the Corona period.
Book Value Is Undemanding
Brokerage firm CLSA says that the current valuation of Bank of Baroda is 0.55 times. Brokerage firm CLSA has raised the earnings estimates of Bank of Bank by 4 to 5 per cent. CLSA increased the price target of BoB’s share from Rs 125 to Rs 130, Bank of Baroda’s share is trading around Rs 81.20 on Tuesday.
