Shares of ICICI Bank Ltd (NYSE:IBN) gapped up before the market opened on Friday . The stock had previously closed at $13.00, but opened at $13.28. ICICI Bank shares last traded at $13.58, with a volume of 6,156,008 shares.
Separately, ValuEngine raised ICICI Bank from a “strong sell” rating to a “sell” rating in a research note on Friday, October 25th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock. ICICI Bank presently has a consensus rating of “Hold” and an average target price of $12.00.
The stock has a market cap of $43.73 billion, a PE ratio of 90.53 and a beta of 0.79. The company has a fifty day moving average price of $12.42 and a 200 day moving average price of $11.87. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.65.
About ICICI Bank (NYSE:IBN)
ICICI Bank Limited, together with its subsidiaries, provides banking and financial services in India and internationally. It operates through Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, General Insurance, and Others segments. The company offers savings, salary, pension, current, and other accounts; and fixed, recurring, and security deposits.
Featured Article: How prevalent are 12b-1 fees?
Receive News & Ratings for ICICI Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ICICI Bank and related companies with MarketBeat.com's FREE daily email newsletter.