Economy

ICICI Bank Limited (NYSE:IBN) Receives Average Recommendation of "Buy" from Analysts

ICICI Bank Limited (NYSE:IBN) Receives Average Recommendation of

This company shares are 5.99% off its target price of $13.63 and the current market capitalization stands at $6.26B. It has a 30.38 P/E ratio. Yelp provides a platform for clients to share their everyday local business experiences with other clients by posting reviews, tips, photos and videos, and to engage directly with businesses, through reviews, its Request-A-Quote and Message the Business features, and by completing transactions on the Yelp Platform. ICICI Bank Limited (IBN) is a part of Financial sector and belongs to Money Center Banks industry.

Over the past five trading sessions shares of ICICI Bank Limited (NYSE:IBN) are -1.57%; 4.68% for the month; 21.8% for the last quarter; 33.28% for the past six-months; and 40.72% for the last 12 months. Bridgeway Capital Management Inc who had been investing in Bank Mutual Corp New for a number of months, seems to be less bullish one the $450.14 million market cap company. The stock has gained 0.86%, reaching at $9.39 after hovering between $9.34 and $9.47. About 449,699 shares traded. ICICI Bank Ltd (ADR) (NYSE:IBN) has risen 45.32% since August 4, 2016 and is uptrending. It has outperformed by 28.62% the S&P500.

Geduld E E increased General Mtrs Co W Exp 07/10/2019 stake by 25,000 shares to 40,107 valued at $688,000 in 2016Q4. The firm acquired 20,505 shares of the bank's stock, valued at approximately $184,000. Acadia Pharm (NASDAQ:ACAD) was raised too. Zacks Investment Research upgraded shares of ICICI Bank Limited from a hold rating to a buy rating and set a $10.00 price objective for the company in a research report on Monday, May 8th. Therefore 60% are positive. The stock stands almost $0.45 off versus the 52-week high of $9.85 and $2.97 above the 52-week low of $6.43. The consensus rating is 2.3, suggesting the market has given up on the stock. The firm has "Hold" rating by Standpoint Research given on Wednesday, August 26. Lateef Investment Management L.P., a California-based fund reported 1.28 million shares. The company was downgraded on Tuesday, May 3 by Goldman Sachs.

Analysts await Yelp Inc (NYSE:YELP) to report earnings on August, 8. IBN generated revenue of $0 in the same quarter, one year ago. The analysts estimated EPS for the higher end at 0.48 and lower end at 0.23 while the year ago reported earnings per share was 0. The Lower end of the earnings estimate is $0.23, while the higher end of the earnings estimate is $0.48.

Ratings analysis reveals 29% of Autodesk's analysts are positive.

According to the the latest analyst ratings which have been released, 1 brokers have issued a rating of "buy", 0 brokers "outperform", 0 brokers "hold", 0 brokers "underperform" and 0 brokers "sell".

The stock last traded at $9.45 which is a tad above $9.13, the 50 day moving average and which is marginally higher than the 200 day moving average of $8.23. ADSK was included in 7 notes of analysts from August 19, 2016. The company was maintained on Friday, February 10 by Needham. As per Monday, October 24, the company rating was upgraded by Goldman Sachs. If the average volume is low then the liquidity is low which means it is hard to buy or sell the stock as there are fewer buyers or sellers of the stock. The sales growth rate helps investors determine how strong the overall growth-orientation is for a stock or portfolio. The stock of Autodesk, Inc. The firm has "Buy" rating given on Tuesday, December 13 by Aegis Capital. Sell-side analyst recommendations point to a short term price target of $9.82 on the company shares. (NASDAQ:ADSK) earned "Hold" rating by Canaccord Genuity on Friday, December 9. ANTIPODES PARTNERS Ltd now owns 3,052,290 shares of the bank's stock worth $23,315,000 after buying an additional 543,288 shares in the last quarter. (NYSE:JPM) are making a strong comeback as they have jumped 45.33% since bottoming out at $63.65 on August 04, 2016.



Like this

loading...
loading...

Latest


04 August 2017
Freeport-McMoran, Inc. (NYSE:FCX) Downgraded by Zacks Investment Research
It has underperformed by 9.87% the S&P500. 14 analysts on average projected earnings of $0.23 per share for the current quarter. On average, equities research analysts expect that Freeport-McMoran, Inc. will post $0.87 EPS for the current year.

04 August 2017
Noble Energy Inc. (NBL) Shares Sold by Sei Investments Co
This is based on a 1-5 numeric scale where Rating Scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell. ILLEGAL ACTIVITY WARNING: " Noble Energy Inc ". (NYSE: NBL ) earned "Buy" rating by Mizuho on Wednesday, January 18.

04 August 2017
Olenna Tyrell Just Proved She's the True Queen of 'Game of Thrones'
So those of you theorising that there might be another sting in her tail with Cersei might as well give up the ghost now. They have so much in common! Don't you see so much Catelyn Stark in Sansa? RIP Olenna, you baller, you.

04 August 2017
White Mountains Insurance Group, Ltd. (WTM) Stake Decreased by Reinhart Partners Inc
Finally, BidaskClub raised XL Group from a "buy" rating to a "strong-buy" rating in a research note on Wednesday, July 12th. On average, equities research analysts predict that XL Group Ltd . will post $3.26 earnings per share for the current year.

04 August 2017
U.S. court upends murder conviction of Blackwater contractor
At a new trial, Slatten would be able to introduce evidence that one of his co-defendants had fired the first shot and not him. After Slatten fired, the others joined in, killing the civilians, which women and children at a traffic circle.

04 August 2017
Halle Berry Discusses What It Was Like to Be Malia Obama's Boss
She brought some of that fierceness to the New York City premiere of the movie by repping another strong woman: Michelle Obama . Berry joked that she'd occasionally ask Malia to chat with former POTUS dad Barack or First Lady mom Michelle .

04 August 2017
Lamar Advertising Company (NASDAQ:LAMR) Stake Decreased by BB&T Corp
Following the sale, the director now directly owns 5,970 shares of the company's stock, valued at approximately $421,541.70. Ameritas Inv Ptnrs invested 0.05% in World Fuel Services Corp (NYSE:INT). 41 funds opened positions while 73 raised stakes.

04 August 2017
Andhra Bank net up 30% in Q1
Duing the financial year 2016-17, the company sold loans worth Rs 3377 crore under loan assignment route. The lender's net NPA ratio also rose to 10.63% from 10.04% in the year-ago period.

04 August 2017
Many Atlantic Canadians lose cellphone service in widespread outage
Many banks are closed for the time being as a security measure. "I can't even call my kids to let them know where we are". According to social media reports, at least some service was available with Rogers and Eastlink.

04 August 2017
Murder investigation launched after body is found in Co Dublin
The man is believed to be of eastern European origin and gardaí are investigating documents found with the body. A murder investigation has been launched following the discovery of a body in North Dublin.