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ICICI Bank Limited

IBN · NYSE

Analyst Consensus

Buy

5 analysts

$30

Current

—

Low

$36

Average

—

High

Average target implies +21.05% versus the current price.

Analyst Ratings Synthesis

The supplied consensus is Buy across five analysts, with a mean target of $36; its low and high are not provided. Published services place targets in the mid-$30s, including averages of $35.75, $36.35 and $33.50, while the broadest explicit range is $33 to $39 from four analysts. The evidence does not identify which named analyst or bank is most bullish or least bullish, nor does it explain the substantive valuation assumptions behind the spread. It also provides no dated rating or target revisions during the week, so revision direction cannot be established. The only attributable action is Erste Group’s downgrade to Hold from Buy, which contrasts with the still-positive aggregate consensus.

Rating Actions

No individual rating actions have been captured for IBNyet. Consensus figures above come from Nasdaq's aggregate feed.

Rating actions are extracted from published reporting. Each row links to its source.

Research Reports

Links to freely available third-party research. Outlook labels are our classification of each article's stance, not a rating of our own.

Covering Firms

B OF A GLBL RES

DBS BANK

JEFFERIES & CO.

JP MORGAN SECUR

MORGAN STANLEY

Symbol: IBN
Type: Stock
Sector: Finance
Industry: Commercial Banks
Country: Asia
Exchange: NYSE

ICICI Bank Ltd provides banking services. The company's operating segment include Retail Banking; Wholesale Banking; Treasury and Other Banking Business. It generates maximum revenue from the Retail Banking segment. Retail Banking segment includes exposures of the Bank, which satisfy the four qualifying criteria of a regulatory retail portfolio as stipulated by RBI guidelines on the Basel III framework as well as includes income from credit cards, debit cards, third party product distribution, and the associated costs. Treasury segment includes the entire investment and derivative portfolio of the Bank. Wholesale Banking segment includes all advances to trusts, partnership firms, companies, and statutory bodies.

Key Issues

Bullish view

Published target summaries point to mid-$30s valuations: the supplied consensus is Buy with a $36 mean, while other aggregations show averages of $35.75 and $36.35. The explicit four-analyst range of $33 to $39 also places every forecast above the reported recent price levels.

Bearish view

Target evidence is inconsistent across services, with TipRanks reporting a lower $33.50 12-month average. The snippets do not provide the underlying analysts’ valuation assumptions, so the apparent upside cannot be tied to a specific earnings or fundamental thesis.