Hold City Union Bank Ltd. target Rs 135 : Centrum Equity Research

Centrum Broking has a hold call on City Union Bank Ltd. with a target price of Rs 135 .The current market price of City Union Bank Ltd. is Rs 133.55 Time period given by the analyst is year when City Union Bank Ltd. price can reach defined target. The brokerage said it has revised its estimates marginally on loan growth front. It said it likes the bank for its consistency in growth, asset quality and returns profile. It said the key risks are concentration risk or low growth.