WallStreetZen

NYSE: HDB
Hdfc Bank Ltd Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for HDB

Based on 3 analysts offering 12 month price targets for Hdfc Bank Ltd.
Min Forecast
$83.00+10.84%
Avg Forecast
$84.33+12.62%
Max Forecast
$85.00+13.51%

Should I buy or sell HDB stock?

Strong Buy
Strong Buy
4 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Forecast return on equity

Is HDB forecast to generate an efficient return?
Company
74.7%
Industry
321.6%
Market
71.81%
HDB's Return on Equity is forecast to be high in 3 years (74.7%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is HDB forecast to generate an efficient return on assets?
Company
8.86%
Industry
13.86%
Market
14.52%
HDB is forecast to generate lower Return on Assets (8.86%) than the US Financial Services industry average (13.86%)
Forecast

HDB earnings per share forecast

What is HDB's earnings per share in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$2.31+21.73%
Avg 2 year Forecast
$2.81+48.42%
Avg 3 year Forecast
$3.44+81.7%
HDB's earnings are forecast to grow at an exceptional rate of 22.64% per year
Forecast

HDB revenue forecast

What is HDB's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$12.2B+36.03%
Avg 2 year Forecast
$14.3B+59.69%
Avg 3 year Forecast
$16.7B+86.29%
HDB's revenue is forecast to grow at an exceptional rate of 26.76% per year
Forecast

HDB earnings growth forecast

How is HDB forecast to perform vs Financial Services companies and vs the US market?
Company
22.64%
Industry
26.14%
Market
28.15%
HDB's earnings are forecast to grow slower (22.64% per year) than the US Financial Services industry average (26.14%)
Forecast
HDB's earnings are forecast to grow slower (22.64% per year) than the US market average (28.15%)
Forecast
HDB's earnings are forecast to grow faster (22.64% per year) than the risk-free savings rate (1.1%)
Forecast

HDB revenue growth forecast

How is HDB forecast to perform vs Financial Services companies and vs the US market?
Company
26.76%
Industry
9.91%
Market
16.55%
HDB's revenues are forecast to grow faster (26.76% per year) than the US Financial Services industry average (9.91%)
Forecast
HDB's revenues are forecast to grow faster (26.76% per year) than the US market average (16.55%)
Forecast

Hdfc Bank Ltd Stock Forecast FAQ

Is Hdfc Bank Ltd Stock a good buy in 2020, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NYSE: HDB) stock is to Strong Buy HDB stock.

Out of 4 analysts, 4 (100%) are recommending HDB as a Strong Buy, 0 (0%) are recommending HDB as a Buy, 0 (0%) are recommending HDB as a Hold, 0 (0%) are recommending HDB as a Sell, and 0 (0%) are recommending HDB as a Strong Sell.

What is HDB's Price Target?

According to 3 Wall Street analysts that have issued a 1 year HDB price target, the average HDB price target is $84.33, with the highest HDB stock price forecast at $85.00 and the lowest HDB stock price forecast at $83.00.

On average, Wall Street analysts predict that Hdfc Bank Ltd's share price could reach $84.33 by Jan 5, 2022. The average Hdfc Bank Ltd stock price prediction forecasts a potential upside of 12.62% from the current HDB share price of $74.88.

What is HDB's earnings growth forecast for 2021-2023?

(NYSE: HDB) Hdfc Bank Ltd's forecast annual earnings growth rate of 22.64% is not forecast to beat the US Financial Services industry's average forecast earnings growth rate of 26.14%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 28.15%.

Hdfc Bank Ltd's earnings in 2020 is $3,451,855,438.On average, 3 Wall Street analysts forecast HDB's earnings for 2021 to be $12,563,702,715, with the lowest HDB earnings forecast at $12,363,812,009, and the highest HDB earnings forecast at $12,799,541,067. On average, 4 Wall Street analysts forecast HDB's earnings for 2022 to be $15,318,599,681, with the lowest HDB earnings forecast at $14,596,923,430, and the highest HDB earnings forecast at $16,230,907,396.

In 2023, HDB is forecast to generate $18,754,323,300 in earnings, with the lowest earnings forecast at $17,647,026,833 and the highest earnings forecast at $20,206,935,046.

What is HDB's revenue growth forecast for 2021-2023?

(NYSE: HDB) Hdfc Bank Ltd's forecast annual revenue growth rate of 26.76% is forecast to beat the US Financial Services industry's average forecast revenue growth rate of 9.91%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 16.55%.

Hdfc Bank Ltd's revenue in 2020 is $8,940,643,236.On average, 3 Wall Street analysts forecast HDB's revenue for 2021 to be $66,239,890,812,825, with the lowest HDB revenue forecast at $65,815,893,760,100, and the highest HDB revenue forecast at $67,041,599,599,129. On average, 3 Wall Street analysts forecast HDB's revenue for 2022 to be $77,761,095,417,251, with the lowest HDB revenue forecast at $76,706,179,028,962, and the highest HDB revenue forecast at $79,221,588,412,354.

In 2023, HDB is forecast to generate $90,717,972,800,337 in revenue, with the lowest revenue forecast at $88,196,844,473,063 and the highest revenue forecast at $93,663,228,899,052.

What is HDB's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: HDB) Hdfc Bank Ltd's current Earnings Per Share (EPS) is $1.90. On average, analysts forecast that HDB's EPS will be $2.31 for 2021, with the lowest EPS forecast at $2.27, and the highest EPS forecast at $2.35. On average, analysts forecast that HDB's EPS will be $2.81 for 2022, with the lowest EPS forecast at $2.68, and the highest EPS forecast at $2.98. In 2023, HDB's EPS is forecast to hit $3.44 (min: $3.24, max: $3.71).

What is HDB's forecast return on equity (ROE) for 2021-2023?

(NYSE: HDB) forecast ROE is 74.7%, which is considered strong.

What is HDB's forecast return on assets (ROA) for 2021-2023?

(NYSE: HDB) forecast ROA is 8.86%, which is lower than the forecast US Financial Services industry average of 13.86%.
WallStreetZen
©2021 WallStreetZen
Company
AboutBlogPrivacy PolicyTerms of ServiceContact
Stocks
Stock ScreenerStock ForecastHighest Earnings StocksBest Dividend Paying StocksStatistics
Social
TwitterYouTube
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.
Heap | Mobile and Web Analytics