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
What is Canara Bank Share? Canara Bank, founded in 1906, is among the biggest public sector banks in India. With 9,123 branches and over 10,000 ATMs nationwide, the bank has expanded its reach significantly. Over the years, Canara Bank has shown robust growth, particularly in corporate and retail banking, resulting in substantial profits. It is anticipated that Canara Bank’s stock prices will perform well in the future. Canara Bank Share Price Target 2024 ₹708.73, 2025 ₹811, 2026 ₹927, 2027 ₹1060, 2028 ₹1214, 2029 ₹1389 To 2030 ₹1590.
Canara Bank Company Details
Canara Bank Share Price Target 2024 To 2030 Forecast
Canara Bank Share Price Target 2024 To 2030 Informations
In 2024, Canara Bank Ltd (CANBK) is projected to see robust growth, starting at ₹315.15 and potentially reaching a peak of ₹610.34 amidst market volatility. The outlook for Canara Bank Ltd in 2025 suggests a bullish trend, targeting ₹707 by mid-year and progressing steadily to ₹811. In 2026, a temporary decline early in the year is anticipated, with a rebound expected by mid-year aiming for ₹808. The forecast for Canara Bank Ltd in 2027 indicates mixed trends, with rapid fluctuations in both upward and downward directions, while maintaining an overall upward trajectory towards ₹1060. Strong and consistent growth is expected for Canara Bank Ltd in 2028 and 2029, possibly surpassing previous highs and establishing new records. By 2030, the cumulative impact of market dynamics could propel Canara Bank Ltd towards a significant year-end target, exceeding prior expectations.
Read More:
Gujarat Pipavav Port Ltd Share Price Target
Zen Technologies Share Price Target
IDFC First Bank Share Price Target
CANBK for Tomorrow
The past three days have been unfavorable, indicating a potential continuation of a bearish trend tomorrow. This information holds significance for traders looking to enhance their swing trading strategies for the years ahead, including targets extending to 2030. Canara Bank’s projected share prices are as follows: 2024 – ₹708.73, 2025 – ₹811, 2026 – ₹927, 2027 – ₹1060, 2028 – ₹1214, 2029 – ₹1389, and up to 2030 – ₹1590.
CANBK Share Price Target 2024
Most Indian stocks, such as CANBK, had a good time in 2023. In early 2024, the market sentiment stays positive with some consolidation initially. Technical data predicts CANBK’s share price to range between ₹315.15 (minimum) and ₹708.73 (maximum) in 2024.
| |
November 2024 target for CANBK | |
December 2024 target for CANBK | |
CANBK Share Price Target 2025
| |
January 2025 target for CANBK | |
February 2025 target for CANBK | |
March 2025 target for CANBK | |
April 2025 target for CANBK | |
May 2025 target for CANBK | |
June 2025 target for CANBK | |
July 2025 target for CANBK | |
August 2025 target for CANBK | |
September 2025 target for CANBK | |
October 2025 target for CANBK | |
November 2025 target for CANBK | |
December 2025 target for CANBK | |
CANBK’s share price is anticipated to hit Rs. 723 by January 2025, with the potential for Canara Bank Ltd to reach Rs. 811 by December 2025 if supported by Macro and Micro economic factors and industry trends.
Read More: Dishman Carbogen Amcis Share Price Target
CANBK Share Price Target 2026
| |
January 2026 target for CANBK | |
February 2026 target for CANBK | |
March 2026 target for CANBK | |
April 2026 target for CANBK | |
May 2026 target for CANBK | |
June 2026 target for CANBK | |
July 2026 target for CANBK | |
August 2026 target for CANBK | |
September 2026 target for CANBK | |
October 2026 target for CANBK | |
November 2026 target for CANBK | |
December 2026 target for CANBK | |
According to technical data, the anticipated minimum share price target for CANBK is Rs. 827, while the maximum value the shares of CANBK can achieve is Rs. 927.
Read More: HDFC Bank Share Price Target
CANBK Share Price Target 2027
| |
January 2027 target for CANBK | |
February 2027 target for CANBK | |
March 2027 target for CANBK | |
April 2027 target for CANBK | |
May 2027 target for CANBK | |
June 2027 target for CANBK | |
July 2027 target for CANBK | |
August 2027 target for CANBK | |
September 2027 target for CANBK | |
October 2027 target for CANBK | |
November 2027 target for CANBK | |
December 2027 target for CANBK | |
Fibonacci projections indicate that Canara Bank Ltd (CANBK) is projected to have a price target forecast ranging from ₹946 to ₹888 in the first half of 2027. In the second half of 2027, CANBK’s share price could potentially reach up to ₹1060.
Read More: NILAINFRA Share Price Target
CANBK Share Price Target 2028
| |
January 2028 target for CANBK | |
February 2028 target for CANBK | |
March 2028 target for CANBK | |
April 2028 target for CANBK | |
May 2028 target for CANBK | |
June 2028 target for CANBK | |
July 2028 target for CANBK | |
August 2028 target for CANBK | |
September 2028 target for CANBK | |
October 2028 target for CANBK | |
November 2028 target for CANBK | |
December 2028 target for CANBK | |
CANBK Share Price Target 2029
| |
January 2029 target for CANBK | |
February 2029 target for CANBK | |
March 2029 target for CANBK | |
April 2029 target for CANBK | |
May 2029 target for CANBK | |
June 2029 target for CANBK | |
July 2029 target for CANBK | |
August 2029 target for CANBK | |
September 2029 target for CANBK | |
October 2029 target for CANBK | |
November 2029 target for CANBK | |
December 2029 target for CANBK | |
Read More: Suzlon Energy, Tata Power, BHEL, NTPC, SJVN, NHPC, CESC, Power Grid
CANBK Share Price Target 2030
| |
January 2030 target for CANBK | |
February 2030 target for CANBK | |
March 2030 target for CANBK | |
April 2030 target for CANBK | |
May 2030 target for CANBK | |
June 2030 target for CANBK | |
July 2030 target for CANBK | |
August 2030 target for CANBK | |
September 2030 target for CANBK | |
October 2030 target for CANBK | |
November 2030 target for CANBK | |
December 2030 target for CANBK | |
Disclaimer
Stock targets and forecasts are intended for educational purposes solely and should not be relied upon for making investment choices. Utilize this data cautiously at your own discretion. This does not constitute a solicitation to trade stocks. browvopetshop.com and its writers are not responsible for any financial losses. This is not financial advice; it is recommended to consult with a professional prior to making investment decisions. Proceed with caution and ensure you are well-informed before investing.
Read More
Bandhan Bank Share Price Target
Yes Bank Share Price Target
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
FAQs
What is the Canara Bank Share Price Target for the year 2024?
The Canara Bank Share Price Target for the year 2024 is ₹561.14 to ₹708.73.
What is the Canara Bank Share Price Target for the year 2025?
The Canara Bank Share Price Target for the year 2025 is ₹680 to ₹811.
What is the Canara Bank Share Price Target for the year 2027?
The Canara Bank Share Price Target for the year 2027 is ₹888 to ₹1060.
What is the Canara Bank Share Price Target for the year 2030?
The Canara Bank Share Price Target for the year 2030 is ₹1332 to ₹1590.
Is Canara Bank Share a good share to buy?
Yes, Canara Bank Share is in a good position in the share market. The net profit amount is high and the company’s growth is 25.24%. So, if anyone wants to invest in Canara Bank Share in the future it will be profitable.
Who is the CEO of Canara Bank?
Shri K.Satyanarayan Raju is the CEO of Canara Bank.
In Which Year Canara Bank was established?
In 1906 Canara Bank was established.
Canara Bank Images
