09-07-2025
HSBC Reaffirms Their Buy Rating on ICICI Bank Limited (ICICIBANK)
HSBC analyst Rahil Shah maintained a Buy rating on ICICI Bank Limited today and set a price target of INR1,670.00. The company's shares closed today at INR1,442.00.
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According to TipRanks, Shah is a 2-star analyst with an average return of 3.4% and a 58.82% success rate. Shah covers the Financial sector, focusing on stocks such as HDFC Life Insurance Co. Ltd., ICICI Prudential Life Insurance Co. Ltd., and Nippon Life India Asset Management Ltd..
In addition to HSBC, ICICI Bank Limited also received a Buy from Macquarie's Suresh Ganapathy in a report issued on July 3. However, on July 4, Goldman Sachs maintained a Hold rating on ICICI Bank Limited (NSE: ICICIBANK).