Idfc first bank target price upto December 24

The target price for IDFC First Bank Limited (IDFCFIRSTB) as of December 24, 2024, is likely to be influenced by several factors:

1. Analyst Consensus: The average target price for IDFC First Bank Ltd. is around 90.23, with a consensus estimate representing an upside of 27.80% from the last price of 70.60. This suggests a strong positive outlook from analysts.
2. Historical Performance: The stock has shown a very bullish trend recently, which could be indicative of continued positive momentum. This may support a higher target price.
3. Fundamental Analysis: The bank's financial performance and future prospects will also play a role in determining the target price. Factors such as earnings growth, loan growth, and asset quality will be key.
4. Market Conditions: General market conditions, including macroeconomic factors and industry trends, will likely influence the target price. For example, if the banking sector as a whole is performing well, it could bode well for IDFC First Bank's stock price.

In conclusion, the target price for IDFC First Bank Limited as of December 24, 2024, is expected to be around 90.23, based on the current analyst consensus and the bank's strong recent performance. However, this is subject to changes based on the factors mentioned above.