Motilal Oswal picks 9 bank stocks with up to 36% upside potential ahead of Q1 results. Do you own any?

Motilal Oswal expects bank credit growth to remain in the mid-to-high teens in the near term. The brokerage believes large private sector banks are well positioned to benefit from the favourable macroeconomic environment, aided by their ability to mobilise a larger share of FCNR(B) deposits through their overseas franchise and raise low-cost foreign borrowings. Here are 9 private banks the brokerage is bullish on.

With a target price of Rs 1,750, the brokerage implies an upside potential of 24% from current market levels.

With a target price of Rs 1,110, analysts at the firm predict an upside potential of 36% from current market levels.

With a target price of Rs 225, Motilal Oswal sees limited upside of about 8% from current market levels.

The brokerage has pegged the target price for the private lender at Rs 470, implying an upside of 24% from current levels.

The brokerage has pegged that target price at Rs 375 per share, implying an upside of 14% from current levels.

Motilal Oswal analysts have pegged the target price at Rs 235, forecasting a sharp upside of 25% from current levels.

With a target price of Rs 90, it predicts that the stock could rally 13% from current levels.

With a stock price target of Rs 1,275, analysts suggest that shares can rally 23% from here on.

With a stock price target of Rs 400, the brokerage forecasts a modest upside of 6% from current levels.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)