From Paytm to PB Fintech: Jefferies sets ambitious targets for 5 financial stocks; find out where the prices could head..

If you are looking to invest in five Indian financial and fintech companies, a report by global brokerage firm Jefferies could prove very helpful. Jefferies has identified five such Indian financial companies expected to achieve a Compound Annual Growth Rate (CAGR) of at least 25% in operating profit over the next three years.

The list includes fintech companies Groww, Paytm, and PB Fintech, alongside AU Small Finance Bank and Poonawalla Fincorp. The brokerage firm has assigned a 'Buy' rating to all these companies.

**Brokerage Targets: From Paytm to PB Fintech**

Jefferies has initiated coverage on Groww with a 'Buy' rating and a target price of ₹240, implying a potential upside of 23%. The brokerage expects Groww to achieve a 30% CAGR in net profit between the financial years 2026 and 2029.

Jefferies has assigned a 'Buy' rating to Paytm and raised its target price from ₹1,600 to ₹2,100. This new target suggests a potential upside of 20%.

Jefferies has assigned a 'Buy' rating to PB Fintech and set a target price of ₹2,050, indicating a potential upside of 14%.

Jefferies has initiated coverage on AU Small Finance Bank with a 'Buy' rating and a target price of ₹1,270, implying a potential upside of 20%.

Jefferies has initiated coverage on Poonawalla Fincorp with a 'Buy' rating and a target price of ₹560, implying a potential upside of 25%.

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