Goldman Sachs raises target for ICICI Bank stock from INR 1,935.00 to INR 2,000.00

Published on 10/07/2026 at 09:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ICICI Bank stock costs EUR 25.00 on October 7, 2026 after EUR 24.85, plus 0.60 percent. Market cap is USD 100.5 billion, and the high is USD 33.03.

IBN, US45104G1040, Illustration mit AI erstellt.

ICICI Bank (ISIN US45104G1040) was trading at EUR 25.00 at Lang & Schwarz on October 7, 2026, while Goldman Sachs raised its target from INR 1,935.00 to INR 2,000.00 on September 7, 2026, according to Investing.com. The euro quote was up 0.60 percent versus the Lang & Schwarz prior close of EUR 24.85.

Deposit strength lifts the target

Goldman Sachs linked its September 7, 2026 target increase to ICICI Bank's deposit profile. The bank mobilized USD 17.9 billion of FCNR deposits, equal to 14.00 percent of system-wide FCNR deposits, versus a 6.70 percent overall deposit market share, Investing.com reported.

The deposit mix matters because FCNR funding carries lower interest and regulatory costs than several domestic funding sources. Goldman Sachs estimated that the structure could improve ICICI Bank's liquidity coverage ratio by 40.00 percentage points, excluding the overseas balance sheet impact.

Stock stays below its yearly high

ICICI Bank's U.S.-listed shares had a market capitalization of USD 100.5 billion as of October 6, 2026. The 52-week range stood at USD 25.08 to USD 33.03, leaving the Lang & Schwarz euro quote separate from the NYSE range because the currencies differ.

Trading volume was 3,363,782 shares on the October 6, 2026 NYSE snapshot, against an average volume of 5,491,013 shares. The comparison places the session volume at 61.24 percent of the stated average, while the October 7 euro quote remained close to its prior-close base.

October results date sets the next marker

ICICI Bank's next scheduled reporting event is October 17, 2026, when its board is due to consider the second-quarter and first-half fiscal 2027 results, according to MarketScreener. That date gives the target revision a near-term fundamental checkpoint, especially because the latest available market view combines a higher analyst target with a modest same-day euro move.

Euro quote holds above prior close

At 9:34 a.m. CEST on October 7, 2026, ICICI Bank was trading at EUR 25.00 at Lang & Schwarz, up 0.60 percent from the prior close of EUR 24.85. The primary listing is on the NYSE, where ICICI Bank's American depositary shares trade under IBN. The further course of trading is shown by the continuously updated real-time quote of ICICI Bank stock.