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Nomura becomes latest brokerage to cut PB Fintech share price target by 31%, lists 2 scenarios for fair price ↗

Nomura has cut PB Fintech’s target price by 31% to Rs 1,100 after proposed IRDAI curbs on insurance website practices and commissions. The brokerage lowered earnings estimates, while alternative scenarios suggest fair values of Rs 1,335-1,366.

From The Economic Times Markets

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2 sources

  1. The Economic Times Markets · 9 Oct, 16:16 IST
  2. The Economic Times Stocks · 9 Oct, 16:16 IST

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