3 weeks ago
HomeMarket NewsSBI Cards shares fall over 6% after analysts downgrade, cut targets on Q1 results
11 analysts have a "hold" and "sell" rating each on SBI Cards, while seven of them have a "buy" recommendation.
Shares of SBI Cards and Payment Services Ltd. fell over 6% on Monday, July 28, in response to its June quarter results, which were reported after market hours on Friday.
Brokerages like Morgan Stanley have downgraded the stock, while HSBC and Bernstein have cut their price targets.
11 analysts have a "hold" and "sell" rating each on SBI Cards, while seven of them have a "buy" recommendation.
