ICICI Securities keeps Buy on LT Finance and Angel One with targets of Rs 370 and Rs 347
ICICI Securities keeps Buy ratings on LT Finance (target Rs 370) and Angel One (target Rs 347) after Q2FY27 results, according to Moneycontrol.
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what happened
According to Moneycontrol, ICICI Securities maintained its Buy rating on LT Finance with an unchanged target price of Rs 370. The brokerage said the company's return on assets rose to 2.6% in Q2FY27, up 12 basis points from the previous quarter, while assets under management grew 28% year on year. Management expects RoA to reach 2.8–3% by Q4FY27, supported by credit costs easing to 2–2.2% from the current 2.5%.
For Angel One, ICICI Securities also kept its Buy rating and raised its target to Rs 347 from Rs 345. Total orders fell 9.6% quarter on quarter, while the margin trading facility book grew 21.4%. The valuation uses a 20x multiple applied to FY28E earnings per share of Rs 17.4.
why it matters
Broker reports usually move the shares of individual companies and reflect one firm's view rather than the market as a whole. For LT Finance, profitability and credit quality remain the key watch points, while for Angel One, trading volumes and margin lending depend directly on retail investor activity.
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sources
- Buy LT Finance; target of Rs 370: ICICI Securities — moneycontrol.com, 19 October 2026 at 09:54 UTC
- Buy Angel One; target of Rs 347: ICICI Securities — moneycontrol.com, 19 October 2026 at 09:54 UTC
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