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Canara Bank Share Price Target 2024, 2025, 2030

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Canara Bank Share Price Target: Hello friends welcome to my post. Today, in this post I’ll review Canara Bank’s operations, fundamentals, potential growth areas, and all sorts of information regarding this company to gain a better understanding.

In this article I will discuss Canara Bank Share Price Target. The company has good growth potential, and it is a great investment option for the long term. My review may help you in making a final decision about your next investment.

About Canara Bank Ltd

The Canara Bank Limited (the Bank) is an India-based bank. The Bank has four segments Treasury Operations, Wholesale Banking Operations, Life Insurance Operations, Retail Banking Operations, and Other Banking Operations. 

It has various products and services including personal banking and corporate banking. 

Personal banking services provide depository services, ancillary services, mutual funds, technology products, micro, small, and medium enterprise loan products, retail loan products, and card services. 

The corporate banking services provide accounts and deposits, syndication services, supply chain finance management, and technology upgrade fund schemes. 

The Bank was founded on the 1st of July 1906 in Maharashtra.

Fundamentals of Canara Bank Ltd

Market Cap₹ 1,02,299 Cr.
Current Price₹ 565.50
52-wk High₹ 606.30
52-wk Low₹ 272.50
Stock P/E7.00
Book Value₹ 430
Dividend2.11 %
ROCE5.33 %
ROE14.8 %
Face Value₹ 10.0
P/B Value1.34
OPM56.3 %
EPS₹ 80.8
Debt₹ 12,37,160 Cr.
Debt to Equity15.8

Canara Bank Ltd Share Price Prediction 2024- 2050

To gain a better understanding of how the market is performing, let’s look at the outlook of Canara Bank Ltd share price targets in the following years.

These targets indicate a possible positive change in share prices in the future.

However, investors should be aware of the risks and the market conditions before making any investment decision.

Canara Bank Ltd Share Price Target 2024

Target 1Target 2
January₹–₹–
February₹–₹–
March₹–₹–
April₹580₹585
May₹560₹562
June₹563₹564
July₹566₹568
August₹569₹575
September₹578₹600
October₹565₹566
November₹568₹570
December₹575₹580
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The table reflects the share price target for the year 2024.

Canara Bank Ltd Share Price Target 2025

Target 1Target 2
January₹584₹589
February₹590₹595
March₹600₹605
April₹610₹612
May₹615₹616
June₹617₹620
July₹622₹625
August₹626₹628
September₹630₹635
October₹636₹640
November₹642₹645
December₹644₹648

The table reflects the share price target for the year 2025. 

Canara Bank Ltd Share Price Target 2026

Target
January₹648
February₹650
March₹652
April₹653
May₹658
June₹585
July₹580
August₹582
September₹586
October₹590
November₹600
December₹605

The table reflects the share price target for the year 2026. 

Canara Bank Ltd Share Price Target 2027

Target
January₹610
February₹615
March₹618
April₹622
May₹620
June₹625
July₹626
August₹630
September₹632
October₹635
November₹640
December₹642
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The table reflects the share price target for the year 2027. 

Canara Bank Ltd Share Price Target 2028

Target
January₹645
February₹650
March₹652
April₹655
May₹660
June₹670
July₹675
August₹680
September₹680
October₹685
November₹690
December₹700

The table reflects the share price target for the year 2028. 

Canara Bank Ltd Share Price Target 2029

Target
January₹705
February₹710
March₹712
April₹715
May₹718
June₹720
July₹722
August₹725
September₹728
October₹730
November₹735
December₹740

The table reflects the share price target for the year 2029. 

Canara Bank Ltd Share Price Target 2030

Target
January₹742
February₹745
March₹750
April₹752
May₹755
June₹735
July₹740
August₹742
September₹745
October₹750
November₹752
December₹760
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The table reflects the share price target for the year 2030. 

Canara Bank Ltd Share Price Target 2035

2035Target 1Target 2
₹900₹1000

The table reflects the share price target for the year 2035. 

Canara Bank Ltd Share Price Target 2040

2040Target 1Target 2
₹1242₹1388

The table reflects the share price target for the year 2040. 

Canara Bank Ltd Share Price Target 2050

2050Target 1Target 2
₹1524₹1600

The table reflects the share price target for the year 2050. 

Note: These share price targets are based on the current market scenario, trends in the industry, performance of companies & growth assumptions. It might change subject to market sentiments.

Canara Bank Ltd Shareholding Pattern

Canara Bank Ltd is listed on the National Stock Exchange and the Bombay Stock Exchange and has a wide number of investors. Such as:

Promoters:62.93%
FIIs:11.21%
DIIs:14.29%
Public:11.55%

Canara Bank Ltd Share: Last 5 Years’ Financial Performance

Last 5 Years’ Sales:

2019₹ 47,951 Cr
2020₹ 49,759 Cr
2021₹ 70,253 Cr
2022₹ 70,614 Cr
2023₹ 105,537 Cr

Last 5 Years’ Net Profit:

2019₹ 696 Cr
2020₹ -1,921 Cr
2021₹ 2,957 Cr
2022₹ 6,158 Cr
2023₹ 14,774 Cr

Last 5 Years’ Reserves:

2019₹ 36,936 Cr
2020₹ 40,176 Cr
2021₹ 60,763 Cr
2022₹ 68,147 Cr
2023₹ 76,240 Cr

Last 5 Years’ Total Assets:

2019₹ 711,783 Cr
2020₹ 741,440 Cr
2021₹ 1,179,540 Cr
2022₹ 1,258,789 Cr
2023₹ 1,381,030 Cr

Conclusion

This article is a complete guide to Canara Bank Ltd Share Price Target, where you can find out what Canara Bank Ltd is, its businesses, and Canara Bank Ltd Share Price Target.

Share price forecasts are based on my analysis, research, company fundamentals and history, experiences, and various technical analyses. Also, I have talked in detail about Canara Bank Ltd’s future prospects and growth potential.

Hopefully, this information will help by having all the share price details of Canara Bank Ltd so that you can consider investing in the future. If you have any questions, please contact us in the comment box.

I will be happy to answer any questions you may have. If you like this information, share the article with as many people as possible.

Canara Bank Ltd Share Price Target: FAQ

Is Canara Bank Ltd Share A Good Buy For Long Term?

The Canara Bank Ltd share seems to be a good long-term investment due to its increasing profits and good growth. Additionally, the fundamentals of Canara Bank Ltd appear good as of now.

What Is The Canara Bank Ltd Share Price Target In Next 10 Years?

The share price of Canara Bank Ltd share is expected to rise around Rs 800 in the next 10 years.

What Is The Canara Bank Ltd Share Price Target In Next 5 Years?

The share price of Canara Bank Ltd is expected to rise around Rs 730 in the next 5 years.

What Is The Canara Bank Ltd Share Price Target In 2024?

In 2024, the share price target for Canara Bank Ltd is expected to reach approximately Rs 580.

What Is The Canara Bank Ltd Share Price Target In 2025?

In 2025, the share price target for Canara Bank Ltd is expected to reach approximately Rs 648.

What Is The Canara Bank Ltd Share Price Target In 2026?

In 2026, the share price target for Canara Bank Ltd is expected to reach approximately Rs 605.

What Is The Canara Bank Ltd Share Price Target In 2030?

In 2030, the share price target for Canara Bank Ltd is expected to reach approximately Rs 760.

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