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

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.

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