Canara Bank Share Price Target As each day goes by, the share price of Canara Bank, a corporation that is listed on stock exchanges, improves and does fairly well there. Due to the company’s efforts to provide all financial services to the highest standard for its clients, which eventually boosts profits, earnings, and revenues, the demand for the shares is rising along with them. The company is performing very well in its core business.
Canara Bank Share Price Target 2024, 2025, 2026, 2027 To 2030
Canara Bank Share Price Target 2024 618.05, 2025 652.94, 2026 700.86, 2027 751.66, 2028 804.45, 2029 860.06 To 2030 918.82.
The current market price at which the shares are being traded on the stock exchanges is 546.75INR; this is not a permanent value, it is fluctuating and can be influenced at any point of time.
The Share prices have currently been increased by 0.75 percent as compared to its last closing price on the stock exchanges.
As per the current market value of shares the share price ranges from 545.10INR to 556.20INR.
The share prices had increased by 25.52 percent as compared to the last one year ended whereas recently share prices had fallen by 8.16 percent in the last five days.
The banking company consists of a sector price to earnings ratio of 9.10 percent as compared to the trailing twelve month price to earnings ratio of 5.41 percent.
As per the current market price going in the market the share prices of Canara bank are undervalued by 37 percent.
According to the prediction process being taken place there are chances of growth in share prices in future.
The Canara Bank Share Price Prediction 2025 is 652.86INR; this value is being predicted from the company’s past as well as present performances.
The Canara Bank Share Price Prediction 2030 is 804.42INR; this is just a rough idea of share price; it may or may not be the same in future.
These predicted values are being used by the company in order to determine a certain target price which the company tries to achieve in a period of time that is one year.
The Canara Bank Share Price Target 2024 is 527.72INR; The Canara Bank Share Price Target 2025 is 656.51INR.
The Canara Bank Share Price Target 2026 is 704.68INR; The Canara Bank Share Price Target 2027 is 755.21INR.
The Canara Bank Share Price Target 2028 is 808.3INR; The Canara Bank Share Price Target 2029 is 864.03INR; The Canara Bank Share Price Target 2030 is 922.62INR.
In the last one year that is the 52 weeks the highest price of share being recorded is 606.30INR whereas the lowest price being recorded is 272.35INR.
In the whole lifetime of being the listed company the highest all time share price of Canara bank is recorded as 821.11INR.
As per the forecasts made, the company is expected to grow in the future the earnings and revenue of the company will grow by 6.8 percent and 7.3 percent per annum respectively.
Canara Bank Financials
Market Capitalization value
99622 crores
Total Share capital
1814.3 crores
Total Deposits
1179281.61 crores
Total Borrowings
58089.79 crores
Total Investments
319038.45 crores
Total Balance with RBI
54988.5 crores
Total Assets
1345732.45 crores
Total Contingent liabilities
289047.47 crores
Total Interest earned
84424.78 crores
Total Income
103186.98 crores
Total Expenditure
92583.22 crores
EPS
58.45
ROCE
2.11 percent
ROE
16.03 percent
Return on Assets
0.78 percent
Price to sales ratio
0.61 percent
Retention ratio
74.46 percent
Cost to income ratio
38.37 percent
Equity dividend rate
120 percent
Capital Adequacy ratio
16.68 percent
Canara Bank Shareholding pattern
Shareholders
Share Percentage
Promoters
62.93 percent
Retail and others
12.75 percent
Foreign institutions
11.21 Percent
Other domestic institutions
7.89 Percent
Mutual Funds
5.21 Percent
Canara Bank Competitors
Union Bank of India
State Bank of India
HDFC Bank
ICICI Bank
Bank of Baroda
Points to be considered before investing in Canara Bank
See through the profit earned of the company through the financial statements of the company.
Always keep an eye on the value of shares as the value can fluctuate in an hour or a minute as well in the stock exchanges.
Check the tax implications of the stocks as they keep on changing in every financial year, so note the tax implication ratio for future benefits.
Do not opt for any loans for investment purposes invest only a sufficient amount reasonable towards you.
Check all the funds of the company categories, types, availability and returns as they might help you in future if you are thinking for a long term investment
Canara Bank Share Price Target Images
FAQs
What is The Canara Bank Share Price Target 2024?
527.72 INR is the target share price for Canara Bank by 2024.
What is The Canara Bank Share Price Prediction 2025?
The 2025 share price prediction for Canara Bank is 652.86 INR.
What is The Canara Bank Share Price Target 2026?
The target share price for Canara Bank in 2026 is INR 704.68.
What is The Canara Bank Share Price Target 2028?
808.3 INR is the Canara Bank share price target for 2028.
What is The Canara Bank Share Price Target 2030?
The target share price for Canara Bank in 2030 is INR 922.62.
