SBI Card Share price: Equirus initiates coverage with ADD rating and Rs 1120 target price
zeebiz.com
SBI Card Share price: Equirus initiates coverage with ADD rating and Rs 1120 target price
SBI Card is the only listed pure-play credit card company within a highly profitable segment that has top decile profitability within the payments/lending universe. SBI Card will likely clock a robust 29% EPS CAGR over FY22-FY25E and will continue to command strong return ratios with RoAs / RoEs above 6%/27% in the medium term. Equirus ...
Mar 22, 2021
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