HDFC Bank Limited (HDB) Social Stream



HDFC Bank Limited (HDB): $61.90

0.01 (-0.02%)

POWR Rating

Component Grades

Momentum

A

Stability

B

Sentiment

Quality

C

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Industry: Foreign Banks

Industry

D

Ranked

#72 of 90

in industry

HDFC BANK LTD (HDB) Price Targets From Analysts

The tables below show the price targets and recommendations analysts covering HDB.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Current Price Upside Potential
2021-10-18 4 $94.3 $90 $92.433 $65.57 40.97%
2022-01-16 4 $94.3 $90 $92.1 $65.57 40.46%
2022-01-17 4 $96 $90 $93.433 $65.57 42.49%
2022-03-12 1 $94 $90 $92 $65.57 40.31%
2022-03-28 4 $94 $76 $86.666 $65.57 32.17%
2022-04-10 2 $94 $90 $92 $65.57 40.31%
2022-09-17 1 $76 $76 $76 $65.57 15.91%
2023-06-18 1 $80 $80 $80 $65.57 22.01%
2023-07-13 2 $85 $80 $82.5 $65.57 25.82%
2023-07-17 3 $85 $80 $82.5 $65.57 25.82%
2023-09-19 3 $88 $80 $84.333 $65.57 28.62%
2023-10-17 5 $88 $80 $84.333 $65.57 28.62%
2023-12-11 5 $88 $70 $81 $65.57 23.53%

The Trend in the Analyst Price Target


HDB's average price target has moved down $11 over the prior 20 months.

Over the past 47 weeks, HDB's average upside potential has been 27.74%.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2023-07-03 2 85 80 82.500 70.79 16.54%
2023-09-08 3 92 80 85.666 64.36 33.1%
2023-09-28 5 88 80 84.333 59.13 42.62%
2023-10-17 5 88 80 84.333 58.24 44.8%
2023-11-01 5 88 70 81.000 56.54 43.26%

HDB Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
1.4 4 0 1 0 0 5

The Trend in the Broker Recommendations


HDB's average broker recommendation rating worsened by 0.4 over the prior 21 months.

The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for HDB as an investment opportunity.

  • To contextualize these metrics, consider that out of all US stocks, HDFC BANK LTD's variance in analysts' estimates is lower than -14.45% of them.
  • In the context of all US stocks, HDFC BANK LTD's number of analysts covering the stock is higher than 145.41% of them.
  • In the context of Banking stocks, HDFC BANK LTD's average analyst price target is greater than 1524.34% of them.
  • In the context of Financial Services stocks, HDFC BANK LTD's upside potential (average analyst target price relative to current price) is higher than 1389.99% of them.

Stocks similar to HDFC BANK LTD in the Banking industry regarding analyst recommendations and price targets are RY, AXP, and SOFI.

What is the outlook for HDB? Use POWR Ratings for clearer insight into price direction.


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