UBS has initiated coverage on PNB Housing Finance with a ‘Buy’ rating, setting a target price of Rs 1,300, indicating a potential 17% upside. The brokerage anticipates a mid-teen AUM CAGR, driven by product diversification and deeper market penetration.
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UBS initiates ‘Buy’ call on PNB Housing Finance, sees 17% upside on strong AUM growth and loan book shift
