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Jefferies Sticks to Their Buy Rating for ICICI Bank Limited (ICICIBANK)

Tipranks - Tipranks - Fri Apr 17, 7:35AM CDT

Jefferies analyst Prakhar Sharma maintained a Buy rating on ICICI Bank Limited today and set a price target of INR1,670.00.

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Sharma covers the Financial sector, focusing on stocks such as AU Small Finance Bank Limited, Axis Bank Limited, and Bank of Baroda. According to TipRanks, Sharma has an average return of 6.5% and a 56.72% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ICICI Bank Limited with a INR1,640.00 average price target.

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Based on ICICI Bank Limited’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of INR761.47 billion and a net profit of INR133.57 billion. In comparison, last year the company earned a revenue of INR729.43 billion and had a net profit of INR129.48 billion

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