Bank of Baroda share price: Buy Bank of Baroda, target price Rs 100: ICICI Direct

ICICI Direct has buy call on with a target price of Rs 100. The current market price of Bank of Baroda is Rs 82.95.

Time period given by analyst is one year when Bank of Baroda price can reach defined target.

Bank of Baroda, incorporated in the year 1911, is a banking company (having a market cap of Rs 42999.88 Crore).



Bank of Baroda key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2021.

Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 21355.53 Crore, down -10.13 % from last quarter Total Income of Rs 23762.09 Crore and down -1.52 % from last year same quarter Total Income of Rs 21684.71 Crore. The bank reported net profit after tax of Rs 1227.36 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 63.97 per cent stake in the company as of the fourth quarter ending March 31, 2021, while FIIs held 6.89 per cent, DIIs 15.52 per cent and public & others 13.62 per cent.

(Disclaimer: Views and recommendations given in this section are the analysts’ own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.

Source Link