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DBS Sticks to Their Buy Rating for Icici Bank (IBN)
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DBS Sticks to Their Buy Rating for Icici Bank (IBN)

In a report released on July 31, Lim Rui Wen from DBS maintained a Buy rating on Icici Bank (IBNResearch Report), with a price target of $27.00. The company’s shares closed yesterday at $24.50.

Rui Wen covers the Financial sector, focusing on stocks such as OCBC, Icici Bank, and JPMorgan Chase & Co.. According to TipRanks, Rui Wen has an average return of 5.2% and an 87.50% success rate on recommended stocks.

Icici Bank has an analyst consensus of Moderate Buy, with a price target consensus of $27.00.

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The company has a one-year high of $24.80 and a one-year low of $19.34. Currently, Icici Bank has an average volume of 3.72M.

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India-based ICICI Bank Ltd. provides banking and financial services, which include retail banking, corporate banking, and treasury operations. It operates through the following segments: Retail Banking, Wholesale Banking, Treasury, and Other Banking.

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