Analysts upbeat on the outlook for State Bank Of India

Analysts upbeat on the outlook for State Bank Of India

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The State Bank Of India (NSI:SBIN) share price has risen by 30.4% over the past month and it’s currently trading at 397. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.

According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, State Bank Of India currently has:

  • 26 Buy recommendations
  • 1 Hold recommendations
  • 0 Sell recommendations

This suggests that analysts are generally positive about the outlook.

Beyond analyst recommendations

At its current price of 397, shares in State Bank Of India are trading at a discount of -5.30% to its 52 week high price. The 1-year performance of the shares has been 39.7%.


While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of State Bank Of India it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with State Bank Of India that you can find out about here.


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State Bank Of India's StockRank™

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State Bank Of India's StockRank™

With a StockRank of 72, State Bank Of India is more attractive than 72% of the 14,655 stocks we cover in Asia, according to our proprietary ranking system.

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