Jefferies sets ILS 300.00 target for Mizrahi Tefahot Bank stock
Published on 10/13/2026 at 14:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Jefferies initiated coverage of Mizrahi Tefahot Bank on September 16, 2026, and set an ILS 300.00 price target. The target lies 32.39 percent above the ILS 226.60 TASE price. Filisrael reported that the research firm initiated coverage of Mizrahi Tefahot Bank alongside coverage of other major Israeli banks.
Second-quarter profit reaches ILS 1.43 billion
Mizrahi Tefahot Bank reported ILS 1.43 billion in net income for the second quarter of 2026, compared with ILS 1.24 billion in the first quarter. The quarterly revenue figure was ILS 8.05 billion, while diluted earnings per share reached ILS 5.43. These figures place the latest quarter at the center of the bank's valuation discussion. TradingView lists the second-quarter net income at ILS 1.43 billion and the previous quarter at ILS 1.24 billion.
Price position and valuation
The TASE price was ILS 226.60 on October 13, 2026 at 2:54 p.m. IDT, up 2.49 percent versus the TASE close of October 12, 2026 at ILS 221.10. The 52-week range was ILS 191.60 to ILS 260.70, placing the stock 13.07 percent below its high and 18.27 percent above its low. Trading volume was 284,873 shares against an average volume of 514,727 shares.
Mizrahi Tefahot Bank had a market capitalization of ILS 58.9 billion and a P/E ratio of 10.68 on October 13, 2026. Its trailing dividend yield was 0.05 percent. The current price therefore sits below the Jefferies target while the latest quarterly profit provides a separate operating benchmark.
Comparison with peers
Mizrahi Tefahot Bank: plus 2.49 percent, P/E 10.68, market capitalization ILS 58.9 billion
Bank Hapoalim B.M. (TASE, ILS): plus 1.80 percent, P/E 10.39, market capitalization ILS 97.5 billion
Bank Leumi Le-Israel B.M. (TASE, ILS): plus 1.26 percent, P/E 10.30, market capitalization ILS 106.4 billion
Next report date is November 25
TradingView lists November 25, 2026, as the next earnings date for Mizrahi Tefahot Bank. That date gives investors the next scheduled checkpoint after the second-quarter result.
Trading level and investor reference
The bank's ILS 226.60 TASE price on October 13, 2026, stood 2.49 percent above the ILS 221.10 close of October 12, 2026. The market capitalization, P/E ratio and latest profit provide three distinct measures for assessing the stock's position without relying on a single valuation signal.
Mizrahi Tefahot Bank stock facts
- Company: Mizrahi Tefahot Bank Ltd.
- ISIN: IL0006954379
- Ticker: MZTF
- Primary exchange: Tel Aviv Stock Exchange
- Price TASE (as of October 13, 2026, 2:54 p.m. IDT): ILS 226.60
- Change versus TASE close: plus 2.49 percent
- TASE close (October 12, 2026): ILS 221.10
- Market capitalization: ILS 58.9 billion (as of October 13, 2026)
- 52-week range: ILS 191.60-260.70 (as of October 13, 2026)
- Sector / Industry: Financial Services / Banks - Regional
- Next earnings date: November 25, 2026
Market context: Market report TA-35.
