HDFC Bank (HDB) Stock Forecast & Price Target

$66.76 -0.74 (-1.10%)

(As of 11/29/2024 ET)

HDFC Bank - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 1 Analyst Ratings

Sell
0

Hold
1

Buy
0

Based on 1 Wall Street analysts who have issued ratings for HDFC Bank in the last 12 months, the stock has a consensus rating of "Hold." Out of the 1 analysts, 1 has given a hold rating for HDB.

Consensus Price Target

N/A

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HDB Analyst Ratings Over Time

Type	Current Forecast 12/2/23 to 12/1/24	1 Month Ago 11/2/23 to 11/1/24	3 Months Ago 9/3/23 to 9/2/24	1 Year Ago 12/2/22 to 12/2/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	1 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	N/A	N/A	N/A	N/A
Forecasted Upside	N/A	N/A	N/A	N/A
Consensus Rating	Hold	Hold	Buy	Strong Buy

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HDB Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

HDB Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

HDFC Bank Stock vs. The Competition

Type	HDFC Bank	Finance Companies	S&P 500
Consensus Rating Score	2.00	2.49	2.50
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	N/A	7.96% Upside	6.51% Upside
News Sentiment Rating	Positive News See Recent HDB News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating
7/22/2024	JPMorgan Chase & Co. 3 of 5 stars	Downgrade	Overweight ➝ Neutral
9/21/2023	The Goldman Sachs Group 2 of 5 stars	Upgrade	Buy ➝ Conviction-Buy
7/17/2023	Jefferies Financial Group 2 of 5 stars	Initiated Coverage	Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 05:17 AM ET.

Should I Buy HDFC Bank Stock? HDB Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, November 23, 2024. Please send any questions or comments about these HDFC Bank pros and cons to contact@marketbeat.com.

HDFC Bank
Bull Case

Here are some ways that investors could benefit from investing in HDFC Bank Limited:

Strong recent earnings performance, with the latest report showing an earnings per share (EPS) of $0.85, exceeding analysts' expectations of $0.76, indicating robust profitability.
Significant revenue growth, reporting $9.21 billion for the quarter, which is substantially higher than the anticipated $4.84 billion, showcasing the bank's strong market position and operational efficiency.
Current stock price around $62.86, which is near its 50-day moving average, suggesting stability and potential for growth as it approaches its 12-month high of $67.44.
Healthy return on equity (ROE) of 12.49%, reflecting effective management and the ability to generate profits from shareholders' equity, which is attractive to investors looking for efficient capital use.
Market capitalization of approximately $158.22 billion, indicating a well-established company with a strong market presence, which can provide a sense of security for investors.

HDFC Bank
Bear Case

Investors should be bearish about investing in HDFC Bank Limited for these reasons:

Debt-to-equity ratio of 1.34, which may indicate higher financial leverage and potential risk, as it suggests the company relies significantly on debt to finance its operations.
Current ratio of 0.53 and quick ratio of 0.53, both below 1, indicating potential liquidity issues, as the company may struggle to meet short-term obligations with its current assets.
Price-to-earnings (P/E) ratio of 18.81, which, while not excessively high, may suggest that the stock is relatively expensive compared to its earnings, potentially limiting upside for new investors.
Beta of 0.91, indicating that the stock is less volatile than the market, which may be a concern for investors seeking high-growth opportunities in more dynamic stocks.
Trading volume has been below average recently, which could indicate reduced investor interest or liquidity issues, making it harder to buy or sell shares without affecting the stock price.

HDB Forecast - Frequently Asked Questions

: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for HDFC Bank in the last year. There is currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" HDB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HDB, but not buy additional shares or sell existing shares.
: According to analysts, HDFC Bank's stock has a predicted downside of -100.00% based on their 12-month stock forecasts.
: Analysts like HDFC Bank less than other "finance" companies. The consensus rating score for HDFC Bank is 2.00 while the average consensus rating score for "finance" companies is 2.49. Learn more on how HDB compares to other companies.

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This page (NYSE:HDB) was last updated on 12/1/2024 by MarketBeat.com Staff

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HDFC Bank (HDB) Stock Forecast & Price Target