Buy Bank of Baroda, target Rs 191.20: ICICI Direct

ICICI Direct has a buy call on Bank of Baroda with a target price of Rs 191.20.

The current market price of Bank of Baroda is Rs 185.25.

Time period given is intraday when Bank of Baroda price can reach defined target.

ICICI Direct recommended to keep a stop loss at Rs 184.50.

Bank of Baroda, incorporated in the year 1911, is a banking company (having a market cap of Rs 42,165.71 Crore).

Bank of Baroda key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 27,523.93 Crore to Sales Value (65.22 per cent of Total Sales), Income From Investment which contributed Rs 10,596.33 Crore to Sales Value (25.10 per cent of Total Sales), Interest which contributed Rs 2,088.81 Crore to Sales Value (4.94 per cent of Total Sales) and Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 1,990.86 Crore to Sales Value (4.71 per cent of Total Sales)for the year ending 31-Mar-2017.