Jefferies sets ILS 43.00 target for Israel Discount Bank stock
Published on 10/13/2026 at 13:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS- Jefferies set an ILS 43.00 target for Israel Discount Bank on September 16, 2026.
- Second-quarter net income reached ILS 1.10 billion, down 4.40 percent year over year.
- Israel Discount Bank stock traded at ILS 33.57 on TASE on October 13, 2026 at 2:39 p.m. IDT, up 1.05 percent from ILS 33.22.
- The bank traded at a P/E of 10.30, with market capitalization of ILS 41.1 billion on October 13, 2026.
Jefferies set an ILS 43.00 price target for Israel Discount Bank, according to Filisrael on September 16, 2026. The target stands 28.12 percent above the TASE price of ILS 33.57, using the same currency. The bank's shares were up 1.05 percent on October 13, 2026, at 2:39 p.m. Israel Daylight Time.
Second-quarter earnings weakened
Israel Discount Bank reported second-quarter 2026 revenue of ILS 3.40 billion, down 1.00 percent from the same period a year earlier, while net income fell 4.40 percent to ILS 1.10 billion. Earnings per share came to ILS 0.89, down from ILS 0.93 in second-quarter 2025, according to Simply Wall St. Revenue exceeded analyst estimates by 7.70 percent, but earnings per share missed estimates by 17.00 percent.
Stock stays below its yearly high
The TASE quote stood 18.85 percent below its 52-week high of ILS 41.37 and 19.61 percent above its 52-week low of ILS 28.06 on October 13, 2026. The session price of ILS 33.57 was up from the prior TASE close of ILS 33.22, while trading volume reached 1,025,465 shares against an average of 3,246,475.
The valuation picture is defined by a P/E of 10.30 and market capitalization of ILS 41.1 billion on October 13, 2026. Simply Wall St listed a current dividend yield of 4.10 percent and said the bank was covered by seven analysts in its October 2, 2026 update.
Comparison with peers on October 13, 2026
Israel Discount Bank: plus 1.05 percent, P/E 10.30, market capitalization ILS 41.1 billion
Bank Hapoalim (TASE, ILS): plus 1.75 percent, P/E 10.41, market capitalization ILS 97.4 billion
Bank Leumi (TASE, ILS): plus 1.22 percent, P/E 10.31, market capitalization ILS 106.4 billion
Analyst target sets the market frame
Jefferies' ILS 43.00 target sits above the current quote, but the earnings comparison adds a counterweight: revenue declined 1.00 percent year over year and net income declined 4.40 percent in the second quarter. The combination leaves the target distance dependent on both valuation assumptions and the bank's ability to stabilize quarterly profitability.
Price and valuation
Israel Discount Bank was trading at ILS 33.57 on TASE on October 13, 2026 at 2:39 p.m. Israel Daylight Time, up 1.05 percent from the prior TASE close of ILS 33.22. The current price remains below the ILS 41.37 52-week high and above the ILS 28.06 low.
Israel Discount Bank market data
- Company: Israel Discount Bank Limited
- ISIN: IL0006912120
- Ticker: DSCT
- Primary exchange: TASE
- Price on TASE (as of October 13, 2026, 2:39 p.m. Israel Daylight Time): ILS 33.57
- Change versus prior TASE close: plus 1.05 percent
- Prior TASE close: ILS 33.22
- Market capitalization: ILS 41.1 billion (as of October 13, 2026)
- 52-week range: ILS 28.06-ILS 41.37 (as of October 13, 2026)
- Sector / Industry: Financial Services / Regional Banks
Market context: Market report TA-35.
