InvestorQ : What is the SBI target for the year 2020?
Anushri Vasa made post

What is the SBI target for the year 2020?

Answer
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Anamika Sodhani answered.
1 month ago


There are two ways to look at SBI price target. Firstly, if you look at the sum of parts like SBI Life, SBI General, SBI AMC, the cards business etc, the bank stock should be worth a lot more than what is quoting today. You are getting the banking business for a song.

The other way to look at SBI is the huge NPAs that it still carries on its books. For example, there was no need for SBI to get involved in long term problem cases like Yes Bank and Jet Airways. These are unfair to the shareholders. Such decisions limit the upside potential.