Risk factor
Very high price volatility
Profitability factor
Favourable analyst view
About
PT Bank Jago Tbk provides various banking products and services for small and medium enterprises in Indonesia. It accepts current and savings accounts, and time deposits, as well as Mudharabah deposits; and offers working capital credit, investment credit, consumer credit, multipurpose credit, and working capital financing with murabahah bil wakalah contract, as well as provides bank guarantees. The company also offers bill payment, remittance/RTGS/SKN, inter-cities warkat invoices, in-city warkat invoices clearing, ATM, and customer fund account services, as well as debit cards. As of December 31, 2021, it operated 2 branch offices, 2 sub-branch offices, 1 Sharia branch office, and 4 ATMs. The company was formerly known as PT Bank Artos Indonesia Tbk and changed its name to PT Bank Jago Tbk in June 2020. PT Bank Jago Tbk was founded in 1992 and is headquartered in Jakarta, Indonesia.
Company Valuation
From both historical and forecast perspectives, the stock is slightly overpriced compared to similar stocks. In particular, the stock is overpriced on P/E, undervalued on
Target Price
The average target price of ARTO.JK is 2222 and suggests 97% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc