YESBANK

at a turning point; can show Rs 50-60 levels in 5 years: Analyst

Yes Bank Share Price Target: Swati Hotkar, AVP–Equity Technical Research at Nirmal Bang Securities, said that Yes Bank shares have delivered a return of 10 per cent in 2025 so far and she expects the stock to close the year with double-digit returns. Speaking to ET NOW Swadesh, Swati said Yes Bank is at a turning point, especially after Japan’s Sumitomo Mitsui Banking Corporation (SMBC) acquired a significant stake in the private lender. This, she said, “gives confidence to stay invested in Yes Bank.” She added that Yes Bank is looking strong at current levels and is a buy for the long term. Yes Bank shares are in a consolidation phase and she expects the stock to break out on the higher side. “For a very long time, Yes Bank has been stuck in a broader range of Rs 15 to Rs 25. I believe the stock is now getting ready to give a breakout of this range on the higher side. In my view, Yes Bank has the potential to reach levels of Rs 50 - Rs 60 in the long run, over the next 5 to 6 years,” the analyst said.