ICICI Bank (IBN) Stock Climbs 10.5%: What’s Next?

 

ICICI Bank (IBN) stock is up 10.5% Friday and has gained 32.1% over the last 12 months. The average rating from Wall Street analysts is a Moderate Buy. Stock Score Report, InvestorsObserver’s proprietary scoring system, gives IBN stock a score of 69 out of a possible 100.

Click Here to get the full Stock Score Report on ICICI Bank Ltd (IBN).

That score is chiefly influenced by a short-term technical score of 93. IBN’s score also includes a long-term technical score of 78. The fundamental score for IBN is 35. In addition to the average rating from Wall Street analysts, IBN stock has a mean target price of $15.47. This means analysts expect the stock to climb 30.00% over the next 12 months.

What’s Happening with IBN Stock Today

ICICI Bank Ltd (IBN) stock has risen 10.49% while the S&P 500 has gained 0.08% as of 12:00 PM on Friday, Sep 20. IBN has gained $1.13 from the previous closing price of $10.77 on volume of 23,566,766 shares. Over the past year the S&P 500 has risen 3.48% while IBN has gained 32.08%. IBN earned $0.19 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 61.89.

Symbols: IBN

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