Significant negative changes in H D F C Bank Ltd (NYSE: HDB) fundamentals have recently occurred: the stock’s power rating fell below 50, the consensus estimate for March, 2024 decreased significantly, and the consensus estimate for March, 2025 decreased significantly.
H D F C Bank Ltd (NYSE: HDB). Extremely significant negative changes in investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend, and the stock fell on very heavy volume.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, HDB is expected to continue to be a modest Value Builder.
H D F C Bank has a current Value Trend Rating of C (High Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. H D F C Bank has a good Appreciation Score of 80 but a slightly negative Power Rating of 31, leading to the High Neutral Value Trend Rating.
Recent Price Action
H D F C Bank Ltd (NYSE: HDB) stock declined by -3.3% on 8/5/24. The shares closed at $58.04. Moreover, exceptionally high trading volume at 245% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -4.3% during the last week.
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