HDFC Bank Corp has a consensus price target of $567.61 based on the ratings of 38 analysts. The high is $1350 issued by HSBC on May 10, 2024<. The low is $100 issued by Deutsche Bank on August 5, 2024. The 3 most-recent analyst ratings were released by New Street Research, Goldman Sachs, and Deutsche Bank on August 6, 2024, August 5, 2024, and August 5, 2024, respectively. With an average price target of $118.33 between New Street Research, Goldman Sachs, and Deutsche Bank, there's an implied 0.21% upside for HDFC Bank Corp from these most-recent analyst ratings.
Buy Now | Get Alert | |||||||
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07/22/2024 | Buy Now | — | JP Morgan | Saurabh Kumar1% | — | Downgrade | Overweight → Neutral | Get Alert |
The latest price target for HDFC Bank (NYSE:HDB) was reported by JP Morgan on July 22, 2024. The analyst firm set a price target for $0.00 expecting HDB to fall to within 12 months (a possible -100.00% downside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for HDFC Bank (NYSE:HDB) was provided by JP Morgan, and HDFC Bank downgraded their neutral rating.
There is no last upgrade for HDFC Bank
The last downgrade for HDFC Bank Ltd happened on July 22, 2024 when JP Morgan changed their price target from N/A to N/A for HDFC Bank Ltd.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of HDFC Bank, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for HDFC Bank was filed on July 22, 2024 so you should expect the next rating to be made available sometime around July 22, 2025.
While ratings are subjective and will change, the latest HDFC Bank (HDB) rating was a downgraded with a price target of $0.00 to $0.00. The current price HDFC Bank (HDB) is trading at is $66.60, which is out of the analyst’s predicted range.
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