Essential Information on ICICI Bank (IBN) for Potential Investors

By Blake Campbell • Monday, August 04 15:26 • Permanent Link

Large-cap Finance company ICICI Bank has moved -1.3% so far today on a volume of 3,152,740, compared to its average of 4,636,996. In contrast, the S&P 500 index moved 1.0%.

ICICI Bank trades -17.99% away from its average analyst target price of $40.5 per share. The 4 analysts following the stock have set target prices ranging from $39.0 to $42.0, and on average have given ICICI Bank a rating of buy.

If you are considering an investment in IBN, you'll want to know the following:

ICICI Bank has moved 20.9% over the last year, and the S&P 500 logged a change of 20.3%
Based on its trailing earnings per share of 1.68, ICICI Bank has a trailing 12 month Price to Earnings (P/E) ratio of 19.8 while the S&P 500 average is None
IBN has a forward P/E ratio of 20.3 based on its forward 12 month price to earnings (EPS) of $1.64 per share
Its Price to Book (P/B) ratio is 0.07 compared to its sector average of None
ICICI Bank Limited, together with its subsidiaries, engages in the provision of various banking and financial services to retail and corporate customers in India and internationally.
Based in Mumbai, the company has 182,665 full time employees and a market cap of $118.55 Billion.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.