REC, PFC shares rise after CLSA maintains ‘buy’ ratings; targets suggest at least 20% upside
The brokerage anticipates some margin pressure in REC on account of its bond yield profile.PFC, on the other hand, should benefit on this front, said CLSA, pegging a rise of 5-13 basis points in its net interest margin over the calendar years 2025 and 2026.
![REC, PFC shares rise after CLSA maintains ‘buy’ ratings; targets suggest at least 20% upside](https://cdn.zeebiz.com/sites/default/files/2024/03/06/283183-untitled-design-2024-02-06t122601337.png?im=FitAndFill=(1200,900))
The foreign brokerage shared mixed views on both PSU stocks, which have already rewarded investors with multifold returns in the past year.