Zacks Rating on HDFC Bank Limited (HDB)

HDFC Bank Limited (HDB) has an average broker rating of 1.17, which is interpreted as a Strong Buy, as rated by 3 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

HDFC Bank Limited (HDB) : 2 Wall Street analysts covering HDFC Bank Limited (HDB) believe that the average level the stock could reach for the short term is $75.6. The maximum price target given is $79 and the minimum target for short term is around $72, hence the standard deviation is calculated at $5.09.


HDFC Bank Limited has dropped 0.1% in the last five trading days, however, the shares have posted positive gains of 2.78% in the last 4 weeks. HDFC Bank Limited is up 12.39% in the last 3-month period. Year-to-Date the stock performance stands at 15.84%. HDFC Bank Limited (NYSE:HDB): stock turned positive on Tuesday. Though the stock opened at $70.7, the bulls momentum made the stock top out at $71.03 level for the day. The stock recorded a low of $70.7 and closed the trading day at $70.9, in the green by 0.44%. The total traded volume for the day was 408,339. The stock had closed at $70.59 in the previous days trading.

HDFC Bank Limited (HDFC Bank) is a banking company. The Bank is engaged in providing a range of banking and financial services including commercial banking and treasury operations. It operates in four segments: Treasury, Retail Banking, Wholesale banking and other banking business. The treasury segment primarily consists of net interest earnings from the Banks investment portfolio, money market borrowing and lending, gains or losses on investment operations. The retail banking segment serves retail customers through a branch network and other delivery channels. The wholesale banking segment provides loans, non-fund facilities and transaction services to large corporates, emerging corporates, public sector units, Government bodies, financial institutions and medium scale enterprises. Other banking business segment includes income from para banking activities, such as credit cards, debit cards, third-party product distribution, primary dealership business and the associated costs.

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