AU Small Finance Bank shares can rally 19%, says Jefferies after initiating coverage with Buy rating
Published on: Oct. 13, 2025, 1:05 p.m. | Source: The Economic Times
Jefferies has initiated coverage on AU Small Finance Bank with a Buy rating and a target price of Rs 910, implying a 19% upside. The brokerage highlighted AUs transition to a universal bank by mid-2026, which is expected to lower funding costs, boost fee income, ease regulatory requirements, strengthen the brand, and improve talent retention.
