Published On: Wed, Oct 19th, 2016

Recently Changed Price Targets On ICICI Bank Limited (NYSE:IBN)


A number of investment brokers have recently updated their price targets on shares of ICICI Bank Limited (NYSE:IBN).

Most recent broker ratings

06/16/2016 – ICICI Bank Limited had its “neutral” rating reiterated by analysts at JP Morgan.

05/03/2016 – ICICI Bank Limited had its “neutral” rating reiterated by analysts at Goldman Sachs.

04/21/2016 – ICICI Bank Limited was upgraded to “outperform” by analysts at Credit Suisse.

08/26/2015 – ICICI Bank Limited was upgraded to “buy” by analysts at Standpoint Research. They now have a USD 12 price target on the stock.

05/04/2015 – ICICI Bank Limited was upgraded to “hold” by analysts at Zacks.

03/11/2015 – Societe Generale began new coverage on ICICI Bank Limited giving the company a “buy” rating.

12/12/2013 – ICICI Bank Limited was upgraded to “buy” by analysts at Jefferies.

The share price of ICICI Bank Limited (NYSE:IBN) was up +6.43% during the last trading session, with a day high of 8.12. 37615667 shares were traded on ICICI Bank Limited’s last session.

The stock’s 50 day moving average is 7.80 and its 200 day moving average is 7.39. The stock’s market capitalization is 23.58B. ICICI Bank Limited has a 52-week low of 5.15 and a 52-week high of 9.15.

ICICI Bank Limited is a banking company. The Bank is engaged in providing a range of banking and financial services, including commercial banking, retail banking, project and corporate finance, working capital finance, insurance, venture capital and private equity, investment banking, broking and treasury products and services. The Bank’s business segments are Retail banking, Wholesale banking, Treasury, Other banking, Life insurance, General insurance and Others. It has a network of approximately 18,210 branches and automated teller machines (ATMs). The Bank has approximately 110 Touch Banking branches across over 30 cities. Its international banking is focused on providing solutions for the international banking requirements of its Indian corporate clients and leveraging economic corridors between India and the rest of the world. The Bank caters to the financial needs of women entrepreneurs through its Self-Help Group (SHG) program as a part of its microfinance initiatives.