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RBL Bank jumps after Citi keeps Buy rating and ₹440 target

RBL Bank shares drew focus Thursday, Sept 3, after Citi retained a ‘Buy’ rating and set a ₹440 price target. The target implies upside from Wednesday’s close of ₹388.80.

RBLBANK

Shares of RBL Bank Ltd. will be in focus on Thursday, September 3, after global brokerage firm Citi retained a ‘Buy’ rating on the stock with a price target of ₹440 per share.

The target implies an upside of around 13% from Wednesday’s closing price of ₹388.80.Citi said RBL Bank has leveraged its p…