Hot Stock for Investors: HDFC Bank Limited (NYSE:HDB)

HDFC Bank Limited (NYSE:HDB)

Morgan Stanley Downgrades HDFC Bank Limited (NYSE:HDB)’s stock to Equal-Weight with no specific Price Target. This rating was issued on 3/21/17. The stock recently closed its previous session at $86.17 by showing a percentage change of -0.39% from its previous day closing price of $86.51.

Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Several investment firms issued their expert ratings on HDFC Bank Limited (NYSE:HDB) in which Goldman Sachs Maintains HDFC Bank Limited (NYSE:HDB) to Buy with no specific Price Target on 9/14/16. Societe Generale Initiates Coverage on the stock to Buy on 3/11/15 with no specific Price Target.

HDFC Bank Limited (NYSE:HDB) currently has a consensus Price Target of $103.54. While some analysts have a High Price target for the stock of $116.23 and a Low Price Target of $81.42.

Several sell side analysts reviewed their recommendations on HDFC Bank Limited (NYSE:HDB) where 0 analyst have rated the stock as Strong Buy, 1 analysts said it’s a Buy, 0 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)

Zacks Investment Research also rated the stock with a value of 1. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, HDFC Bank Limited (NYSE:HDB) reported its Actual EPS of $0.78/share. The analysts offering Earnings Estimates for the company were believing that HDFC Bank Limited (NYSE:HDB) could bring EPS of $0.78/share. The difference between Actual EPS and Estimated EPS was 0 Percent. Thus the company showed an Earnings Surprise of 0 Percent.

HDFC Bank Limited (NYSE:HDB) has a market capitalization of 70.07 Billion. The stock traded with the volume of 1.44 Million shares in the last trading session. The stock touched its high share price of $112.10 on 07/12/18 and the stock also touched its Lowest price in the last 52-weeks of trading on 10/11/18 as $86.51. The company has a 1 Year high price target of $120. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -6.76%. The Moving Average SMA50 is -11.47% while SMA200 is -14.21%.

HDFC Bank Limited (NYSE:HDB) is currently showing its ROA (Return on Assets) of 0%. The Return on Investment (ROI) is at 12.6% while it’s Return on Equity (ROE) value stands at 0%. The stock currently shows its YTD (Year to Date) performance of -15.25 percent while its Weekly performance value is -4.32%. The Monthly and Yearly performances are -9.68 percent and -7.74 percent respectively. The Relative Volume value measured for HDFC Bank Limited (NYSE:HDB) is 1.89. The Average Volume (3 months) is 760.59 Million.

The stock currently has its Annual Dividend of $0.55 and an annual Dividend Yield of 0.64 Percent. HDB has P/E (Price to Earnings ttm) value of 30.96, Forward P/E of 20.85, P/C (Price to cash per share) of 4.25 and Price to Free Cash Flow (P/FCF) value of 102.75. The stock is showing its Operating Margin of 43.1 percent.

Company Profile:

HDFC BANK’s mission is to be a World Class Indian Bank. The Bank’s aim is to build a sound customer franchise across distinct businesses so as to be the preferred provider of banking services in the niche segments that the bank operates in and to achieve healthy growth in profitability, consistent with the bank’s risk appetite. The bank aims to ensure the highest level of ethical standards, professional integrity and regulatory compliance. HDFC Bank’s business philosophy is based on four core values: Operational Excellence, Customer Focus, Product Leadership and People.