ICICI Securities analyst maintained a Buy rating on CreditAccess Grameen Ltd. today and set a price target of INR1,530.00. The company’s shares closed today at INR1,354.90.
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The word on The Street in general, suggests a Hold analyst consensus rating for CreditAccess Grameen Ltd. with a INR1,148.33 average price target.
Based on CreditAccess Grameen Ltd.’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of INR3.47 billion and a net profit of INR472.1 million. In comparison, last year the company earned a revenue of INR14.46 billion and had a net profit of INR3.97 billion