Angel One Gets 'Buy' From JM Financial As Brokerage Bullish On Expansion To Wealth Management, Insurance

JM Financial has initiated coverage on Angel One with a 'Buy' rating. The brokerage expects the company to have earnings per share of Rs 141 in the financial year 2027, hence a target price of Rs 2,700 has been set with an expected price-to-earnings ratio of 19 times the FY27 EPS.