Insurance Stock Ratings: Buy or Underperform? Know here what HSBC make of ICICI Lombard, SBI Life, ICICI Prudential and more
HSBC has a strong outlook for three of these insurers and recommends buying their stocks: ICICI Lombard, SBI Life, and ICICI Prudential.
ZeeBiz WebTeam | Apr 11, 2024, 08:26 AM IST
HSBC, a leading brokerage firm, has issued ratings on several Indian insurance companies including ICICI Lombard, SBI Life, ICICI Prudential, and General Insurance Corp of India.
1/5
ICICI Lombard, SBI Life, ICICI Prudential
HSBC has a strong outlook for three of these insurers and recommends buying their stocks: ICICI Lombard, SBI Life, and ICICI Prudential.
2/5
Buy - ICICI Lombard Stock
ICICI Lombard share price target: Rs 1,990
3/5
Buy - SBI Life Stock
SBI Life share price target: Rs 1,780
4/5
Buy - ICICI Prudential Stock
SBI Life share price target: Rs 710
5/5
GIC - ‘Underperform’ Rating
GIC share price target: HSBC has a less positive outlook on General Insurance Corp of India (GIC). They recommend an "underperform" rating for the stock with a target price of Rs 225.