Canara Bank Share Price Target 2022 2023 2025 2030 Prediction

Canara Bank Share Price Target

Mkt cap 44.06TCr

About Canara Bank :

Canara Bank is the third largest nationalised bank in India. It is under the ownership of the Ministry of Finance, government of India. It is headquartered in Bangalore. Established in 1906 at Mangalore by Ammembal Subba Rao Pai, the bank also has offices in London, Hong Kong, Dubai and New York.

52-wk high 247.60
52-wk low 90.30
P/E ratio 8.87
Div yield

About Canara Bank Share : 

  • Market Capitalization of Canara Bank stock is Rs. 44,174.07 Cr.
  • 52 Week high of Canara Bank share is Rs 247.6 while 52 week low is Rs 90.3.
  • Following are the key changes to Canara Bank shareholding. Promoter holding has gone down from 69.33% (30 Jun 2021) to 62.93% (30 Sep 2021) , Domestic Institutional Investors holding has gone up from 12.35% (30 Jun 2021) to 14.67% (30 Sep 2021) and Foreign Institutional Investors holding has gone up from 3.92% (30 Jun 2021) to 5.57% (30 Sep 2021).
  • Key metrics is a good way to quickly analyze a stock. PE Ratio of Canara Bank share is 10.35, Earnings per share of Canara Bank is Rs. 23.45, Market Cap of Canara Bank is Rs. 44,174.07 Cr and Price to Book ratio of Canara Bank stock is 0.7.
  • Overall mean recommendation by analysts for Canara Bank is to Buy.

Canara Bank Share Price Target 2021 Q4

  • November 2021 – 245.15 Rs
  • December 2021 – 250.20 Rs

Canara Bank share price target 2022

  1. 2022 Jan – 270.35 Rs
  2. 2022 Feb – 256.36 Rs
  3. 2022 Mar – 273.39 Rs
  4. 2022 Apr – 253.71 Rs
  5. 2022 May – 274.10 Rs
  6. 2022 Jun –  274.95 Rs
  7. 2022 Jul –  271.90 Rs
  8. 2022 Aug – 288.95 Rs
  9. 2022 Sep –  281.99 Rs
  10. 2022 Oct – 295.50 Rs
  11. 2022 Nov –  298.55 Rs
  12. 2022 Dec –  299.65 Rs

 

Canara Bank share price target 2023  – 351.25 Rs 

Canara Bank share price target 2024 –  425.15 Rs

Canara Bank share price target 2025 –  536.50 Rs

Canara Bank share price target 2026 –  690.30 Rs

Canara Bank share price target 2027 – 720.35 Rs

Canara Bank share price target 2028 – 900.20 Rs

Canara Bank share price target 2029 – 1100.80 Rs

Canara Bank share price target 2030 – 1198.00 Rs

 

Canara Bank(CANBK) Share Price Target For 2022

Friends, Canara Bank is a very big company and it has a valuable relationship with its customers. The first source of income for Canara Bank banking companies is interest on the following loans given to people and corporates.

This bank has earned a total of Rs 69,239.78 Crore. Revenue Canara Bank has shown an increase in Outstanding Revenue by 18.84% in the last three years both in Annual and Quarterly Years. So we have tried to predict two Share Price Targets for 2022, in which the first possible Share Price Target can reach up to Rs.182 and the second target for this year is up to Rs.215.

Canara Bank CANBK) Share Price Target For 2023

The bank has shown a growth of 47.87% year on year in CANBK Advance Context. Friends, if you look at the Advance Growth of three years, then it is 18.74%. Friends, currently this company’s Cash Ratio is 32.73. The total budget given of this company is 4.26% and the deposits of the total account holders of Canara Bank according to the census of 2021 are Rs.10,10,874.58 Crore.

The result of all these facts is the increase in their market and the amount returned from the following types of loans is collected. In which the first Share Price Target for 2023 can be Rs.251 and similarly for 2023 the second one can be up to Rs.290.

Canara Bank(CANBK) Share Price Target For 2025

Friends, as we are able to see that in the year 2021, the company broke its chart and took support at the bottom, but still after that the stock has once again touched the above lines and the market price has jumped a lot. .

Due to whose support, the first Share Price Target of 2025 for Canara Bank will be around Rs.419 and similarly the second target of 2025 can be achieved up to Rs.460. Friends, in this year also the company is performing very well according to Support and Resistance.

 

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Canara Bank(CANBK) Share Price Target For 2030

Friends, as Prediction of Technical Analysis Chart, the share of Canara Bank is going to be very good in their coming years because the company has recently given information about Canara Bank full income disclosure.

CANBK Business is currently looking very good and the company is reaching the heights of success day by day. Based on Fibonacci Retracement And Resistance, the first possible target for this stock for the year 2030 would be Rs.1284 and the second possible target for the same year would be Rs.1558.

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