ICICI Bank Limited (IBN - Free Report) was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 23.3% in the past one-month time frame.
The company has seen one positive estimate revision in the past month, while its Zacks Consensus Estimate has also moved higher over the same time frame, suggesting that more solid trading could be ahead for ICICI Bank. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
ICICI Bank currently has a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
A better-ranked stock in the Banks - Foreign industry is The Bank of N.T. Butterfield & Son Limited (NTB - Free Report) which currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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