SBI Share price: Sharekhan maintains Buy with price target of Rs 460
SBI share price today is Rs 364.5 up by 0.1%. SBI performance over the week has seen it move by 3%, from Rs 355 to Rs 364.5. In its report today, Sharekhan says State Bank of India (SBI) is attractive (with respect to asset quality, capitalisation, underwriting strength) and going forward, it expects NII and profitability to reflate in the next 2-3 years
SBI's strong asset-quality position indicates better profitability in the medium term, which will help reflate NII and earnings: Reuters