ICICI Bank (IBN) Receives Daily Media Impact Rating of 0.00
News headlines about ICICI Bank (NYSE:IBN) have trended somewhat negative recently, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. ICICI Bank earned a news impact score of 0.00 on Accern’s scale. Accern also gave news articles about the bank an impact score of 45.9933471781156 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Several research analysts recently weighed in on the company. Jefferies Group raised ICICI Bank from a “hold” rating to a “buy” rating in a research report on Monday, October 30th. Morgan Stanley raised ICICI Bank from an “underweight” rating to an “overweight” rating in a research report on Wednesday, October 25th. Finally, Zacks Investment Research lowered ICICI Bank from a “buy” rating to a “hold” rating in a research report on Wednesday, January 10th. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $11.00.
Shares of ICICI Bank (NYSE:IBN) traded up $0.08 on Monday, hitting $10.21. The company had a trading volume of 5,084,907 shares, compared to its average volume of 7,722,352. The stock has a market cap of $32,451.07, a price-to-earnings ratio of 25.53, a P/E/G ratio of 1.10 and a beta of 1.80. ICICI Bank has a twelve month low of $7.35 and a twelve month high of $11.26.
ICICI Bank Limited is a banking company. The Bank is engaged in providing a range of banking and financial services, including commercial banking, retail banking, project and corporate finance, working capital finance, insurance, venture capital and private equity, investment banking, broking and treasury products and services.
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