Press articles about HDFC Bank (NYSE:HDB) has been popular fairly positive quite recently, Accern media research reports. The analysis company rates the trend of press coverage by examining larger than twenty million public financial documents, market websites and SEC sources. Accern grades analysis of companies ranging from negative 1 to +1, with ranks nearest to 1 is considered more positive. HDFC Bank achieved a news impact rank of 0.10 on Accern’s range. Accern issued financial stories about the bank a media impact point of 45.249314410031 out of 100, indicating that recent press coverage is fairly unlikely to affect on the stock’s share value next many days.
HDFC Bank (HDB) transacted up 0.28% on early Wed, reaching $99.57. 316,115 stocks of the firms shares were exchanged. the company has 50 Day SMA price of $96.38 and a two hundred SMA of $85.54. The corporation has a valuation of $510.31 B, a price to earnings ratio of 215.29 along with a stock beta of 0.88. HDFC Bank has a 52 week low of $59.00 and a 52 week high of $100.26.
A few financial stories that May have impacted Accern trend Analysis’s scoring:
Many financial stock experts have quite recently weighed in on HDB Stocks. Research Firm Zacks boosted HDFC Bank from a “sell” recommendation to a “hold” recommendation in a analysis report on Wed, Jul 12th. BidaskClub lifted shares of HDFC Bank from a “buy” recommendation to a “strong-buy” recommendation in a study on Mon, Jul 24th. Morgan Stanley lifted shares of HDFC Bank from an “equal weight” recommendation to an “overweight” recommendation in a study on Tue, Jul 25th. Lastly, Jefferies lifted shares of HDFC Bank from a “hold” recommendation to a “buy” recommendation in a study on Tue, Jul 25th. Two research experts recommended the company shares with a hold recommendation, around three has issued a buy recommendation and 1 have issued a strong buy recommendation to the share. The corporation has a consensus rating of “Buy” and a consensus price objective of $108.00.