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/E | 7.00 |
| Book Value | ₹ 430 |
| Dividend | 2.11 % |
| ROCE | 5.33 % |
| ROE | 14.8 % |
| Face Value | ₹ 10.0 |
| P/B Value | 1.34 |
| OPM | 56.3 % |
| EPS | ₹ 80.8 |
| Debt | ₹ 12,37,160 Cr. |
| Debt to Equity | 15.8 |
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 1 | Target 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 |
The table reflects the share price target for the year 2024.
Canara Bank Ltd Share Price Target 2025
| Target 1 | Target 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 |
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 |
The table reflects the share price target for the year 2030.
Canara Bank Ltd Share Price Target 2035
| 2035 | Target 1 | Target 2 |
| ₹900 | ₹1000 |
The table reflects the share price target for the year 2035.
Canara Bank Ltd Share Price Target 2040
| 2040 | Target 1 | Target 2 |
| ₹1242 | ₹1388 |
The table reflects the share price target for the year 2040.
Canara Bank Ltd Share Price Target 2050
| 2050 | Target 1 | Target 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 |
Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.
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.
