Stock Rating Downgrade
During the last several trading days the Value Trend Rating for Icici Bank Ltd (NYSE: IBN) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Icici Bank Ltd (NYSE: IBN) stock closed at $31.13 on 4/1/25 after a modest decline of -1.2%. However, below average trading volume at 80% of normal accompanied the decline. The stock has declined -1.7% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Icici Bank has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Icici Bank has a slightly positive Appreciation Score of 61 and a slightly positive Power Rating of 62, resulting in the High Neutral Value Trend Rating.
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