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EMIRATESNBD: India Acquisition Negotiations Will Drive Upside For Shareholders

Update shared on 21 Nov 2025

Fair value Increased 0.75%
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AnalystConsensusTarget's Fair Value
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1Y
20.7%
7D
-3.5%

Analysts have slightly raised their price target for Emirates NBD Bank PJSC from AED 30.47 to AED 30.70, citing minor improvements in revenue growth projections and a modest decrease in the discount rate.

What's in the News

  • The Board of Directors of Emirates NBD Bank PJSC will meet on October 22, 2025, to approve previous board minutes, review financial results for the three months ending September 30, 2025, and consider ongoing business activities (Key Developments).
  • A separate board meeting is scheduled for October 18, 2025, to discuss business activities including a potential investment (Key Developments).
  • Emirates NBD Bank PJSC is in advanced talks to acquire a controlling stake in RBL Bank Limited of India for over $1 billion. If completed, this could secure a 51% stake after making an open offer, pending regulatory approval (Key Developments).

Valuation Changes

  • Consensus Analyst Price Target has risen slightly from AED 30.47 to AED 30.70.
  • Discount Rate has decreased marginally from 20.33% to 20.32%.
  • Revenue Growth projections have increased slightly from 6.81% to 6.86%.
  • Net Profit Margin is nearly unchanged, moving from 47.25% to 47.18%.
  • Future P/E ratio has increased from 12.72x to 12.85x.

Disclaimer

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