This is what analysts have to say about HDFC Bank Limited (NYSE:HDB) after last week.

February 21, 2018 - By Adrian Erickson

 This is what analysts have to say about HDFC Bank Limited (NYSE:HDB) after last week.

HDFC Bank Limited (NYSE:HDB) Ratings Coverage

Among 3 analysts covering HDFC Bank Limited (NYSE:HDB), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. HDFC Bank Limited had 5 analyst reports since August 27, 2015 according to SRatingsIntel. On Wednesday, September 2 the stock rating was downgraded by Zacks to “Sell”. The company was downgraded on Tuesday, March 21 by Morgan Stanley. The firm earned “Hold” rating on Monday, September 21 by Zacks. Zacks downgraded HDFC Bank Limited (NYSE:HDB) on Thursday, August 27 to “Hold” rating. The company was maintained on Wednesday, September 14 by Goldman Sachs. Below is a list of HDFC Bank Limited (NYSE:HDB) latest ratings and price target changes.

The stock decreased 0.92% or $0.92 during the last trading session, reaching $98.59. About 291,589 shares traded. HDFC Bank Limited (NYSE:HDB) has risen 36.23% since February 21, 2017 and is uptrending. It has outperformed by 19.53% the S&P500.

HDFC Bank Limited provides a range of banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. The company has market cap of $74.55 billion. The firm operates in Treasury, Retail Banking, Wholesale Banking, and Other Banking Business divisions. It has a 214.56 P/E ratio. It accepts savings accounts, salary accounts, current accounts, fixed and recurring deposits, demat accounts, safe deposit lockers, and rural accounts, as well as offshore accounts and deposits.

Another recent and important HDFC Bank Limited (NYSE:HDB) news was published by Marketwatch.com which published an article titled: “HDFC Bank Ltd. ADR” on July 03, 2016.

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