SBI share price today: Strong rally expected ahead, expert says; puts near term target at Rs 215-Rs 220
SBI share price outlook: The State Bank of India (SBI) stock gained by almost 3.4 per cent today, ending the day at Rs 208.25. This is indicative of a good rally for the stock in the near term, Nilesh Jain of Anand Rathi Securities said. The stock has been a laggard for quite some time rallying at sub 200-levels
In the near term this stock is expected to attain a target price of Rs 215-Rs 220, Jain said. Over the next 3-4 months, this SBI share prices may even go up to Rs 240-Rs 250. Source: Reuters