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

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%.
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