IBN - ICICI Bank Limited Looks to Continue to Trade Above its Annual-High Share Price Today
ICICI Bank Limited (NYSE:IBN) traded today at a new 52-week high of $19.68. So far today approximately 1.8 million shares have been exchanged, as compared to an average 30-day volume of 5.3 million shares.
ICICI Bank Ltd provides banking services. The company's operating segment include Retail Banking; Wholesale Banking; Treasury and Other Banking Business. It generates maximum revenue from the Retail Banking segment. Retail Banking segment includes exposures of the Bank, which satisfy the four qualifying criteria of a regulatory retail portfolio as stipulated by RBI guidelines on the Basel III framework as well as includes income from credit cards, debit cards, third party product distribution, and the associated costs. Treasury segment includes the entire investment and derivative portfolio of the Bank. Wholesale Banking segment includes all advances to trusts, partnership firms, companies, and statutory bodies.
ICICI Bank Limited share prices have moved between a 52-week high of $19.68 and a 52-week low of $9.16 and are now trading 114% above that low price at $19.62 per share.
ICICI Bank Limited (NYSE:IBN) defies analysts with a current price ($19.62) 8.5% above its average consensus price target of $17.96.
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