The average one-year price target for Federal Bank (NSE:FEDERALBNK)
has been revised to 169.88 / share.
This is an increase
of 7.09% from
the prior estimate of 158.63 dated December 1, 2022.
The price target is an average of many targets provided by analysts.
The latest targets range from a low of 135.34 to a high
of 201.60 / share.
The average price target represents an increase
of 27.49% from the
latest reported closing price of 133.25 / share.
See our leaderboard of companies with the largest price target upside.
What are Other Shareholders Doing?
XSOE – WisdomTree Emerging Markets ex-State-Owned Enterprises Fund N
holds 1,085K shares
representing 0.05% ownership of the company.
In it’s prior filing, the firm reported owning 1,258K shares, representing
a decrease
of 16.01%.
The firm
increased
its portfolio allocation in FEDERALBNK by 0.61% over the last quarter.
LICAX – Lord Abbett International Equity Fund
holds 984K shares
representing 0.05% ownership of the company.
AVEM – Avantis Emerging Markets Equity ETF
holds 1,897K shares
representing 0.09% ownership of the company.
In it’s prior filing, the firm reported owning 856K shares, representing
an increase
of 54.89%.
The firm
increased
its portfolio allocation in FEDERALBNK by 45.27% over the last quarter.
TLTE – FlexShares Morningstar Emerging Markets Factor Tilt Index Fund
holds 30K shares
representing 0.00% ownership of the company.
No change in the last quarter.
VT – Vanguard Total World Stock Index Fund ETF Shares
holds 866K shares
representing 0.04% ownership of the company.
No change in the last quarter.
What is the Fund Sentiment?
There are 65 funds or institutions reporting positions in Federal Bank.
This is an increase
of
8
owner(s) or 14.04% in the last quarter.
Average portfolio weight of all funds dedicated to FEDERALBNK is 0.35%,
a decrease
of 5.90%.
Total shares owned by institutions increased
in the last three months by 4.78% to 147,181K shares.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.