IOB Share Price Target 2024, 2025, 2030, 2040 (Latest Target)
Indian Overseas Bank(IOB) is a key player in the banking sector. Investors are keen to know its yearly share price target.
In this article, we provide the share price targets for 2024, 2025, 2030, and beyond. These targets are based on expert analysis of market trends.
Understanding the bank’s growth is important for long-term planning. Each year, Indian Overseas Bank’s stock is expected to increase steadily.
Stay with us to know about the bank’s future price targets. This will help you make smart investment choices.
Keep reading to see detailed IOB Share Price Target for 2024, 2025, 2030, 2040.
IOB Share Price Target (2024-2030)
Year | Maximum Target |
---|---|
2024 | ₹68 |
2025 | ₹88 |
2026 | ₹115 |
2027 | ₹149 |
2028 | ₹193 |
2029 | ₹251 |
2030 | ₹326 |
IOB Share Price Target (2035, 2040, 2050)
Year | Maximum Target |
---|---|
2035 | ₹554 |
2040 | ₹1,095 |
2050 | ₹2,295 |
IOB Share Price Chart
IOB Percentage Growth Compared to Today’s Price
Year | Percentage Growth |
---|---|
2024 | 13% |
2025 | 47% |
2026 | 92% |
2027 | 148% |
2028 | 222% |
2029 | 318% |
2030 | 443% |
2035 | 823% |
2040 | 1,725% |
2050 | 3,725% |
IOB Share Price Target 2024
Month | Minimum Target | Maximum Target |
---|---|---|
September | ₹54 | ₹68 |
October | ₹55 | ₹69 |
November | ₹56 | ₹70 |
December | ₹57 | ₹71 |
IOB Share Price Target 2025
Month | Minimum Target | Maximum Target |
---|---|---|
January | ₹70 | ₹88 |
February | ₹71 | ₹89 |
March | ₹72 | ₹90 |
April | ₹73 | ₹91 |
May | ₹74 | ₹92 |
June | ₹75 | ₹93 |
July | ₹76 | ₹94 |
August | ₹77 | ₹95 |
September | ₹78 | ₹96 |
October | ₹79 | ₹97 |
November | ₹80 | ₹98 |
December | ₹81 | ₹99 |
IOB Share Price Target 2026
Month | Minimum Target | Maximum Target |
---|---|---|
January | ₹91 | ₹115 |
February | ₹92 | ₹116 |
March | ₹93 | ₹117 |
April | ₹94 | ₹118 |
May | ₹95 | ₹119 |
June | ₹96 | ₹120 |
July | ₹97 | ₹121 |
August | ₹98 | ₹122 |
September | ₹99 | ₹123 |
October | ₹100 | ₹124 |
November | ₹101 | ₹125 |
December | ₹102 | ₹126 |
IOB Share Price Target 2027
Month | Minimum Target | Maximum Target |
---|---|---|
January | ₹120 | ₹149 |
February | ₹121 | ₹150 |
March | ₹122 | ₹151 |
April | ₹123 | ₹152 |
May | ₹124 | ₹153 |
June | ₹125 | ₹154 |
July | ₹126 | ₹155 |
August | ₹127 | ₹156 |
September | ₹128 | ₹157 |
October | ₹129 | ₹158 |
November | ₹130 | ₹159 |
December | ₹131 | ₹160 |
IOB Share Price Target 2028
Month | Minimum Target | Maximum Target |
---|---|---|
January | ₹154 | ₹193 |
February | ₹155 | ₹194 |
March | ₹156 | ₹195 |
April | ₹157 | ₹196 |
May | ₹158 | ₹197 |
June | ₹159 | ₹198 |
July | ₹160 | ₹199 |
August | ₹161 | ₹200 |
September | ₹162 | ₹201 |
October | ₹163 | ₹202 |
November | ₹164 | ₹203 |
December | ₹165 | ₹204 |
IOB Share Price Target 2029
Month | Minimum Target | Maximum Target |
---|---|---|
January | ₹201 | ₹251 |
February | ₹202 | ₹252 |
March | ₹203 | ₹253 |
April | ₹204 | ₹254 |
May | ₹205 | ₹255 |
June | ₹206 | ₹256 |
July | ₹207 | ₹257 |
August | ₹208 | ₹258 |
September | ₹209 | ₹259 |
October | ₹210 | ₹260 |
November | ₹211 | ₹261 |
December | ₹212 | ₹262 |
IOB Share Price Target 2030
Month | Minimum Target | Maximum Target |
---|---|---|
January | ₹261 | ₹326 |
February | ₹262 | ₹327 |
March | ₹263 | ₹328 |
April | ₹264 | ₹329 |
May | ₹265 | ₹330 |
June | ₹266 | ₹331 |
July | ₹267 | ₹332 |
August | ₹268 | ₹333 |
September | ₹269 | ₹334 |
October | ₹270 | ₹335 |
November | ₹271 | ₹336 |
December | ₹272 | ₹337 |
IOB Latest Report
Category | Details |
---|---|
Total Business | ₹5,04,923 crore |
Global Deposits | ₹2,85,905 crore |
Domestic Deposits | ₹2,78,968 crore |
Global Net Advances | ₹2,13,319 crore |
Operating Expenses | ₹8,722 crore |
Net Profit | ₹2,656 crore |
Gross NPA | 3.10% |
Net NPA | 0.57% |
CASA Ratio | 43.90% |
Capital Adequacy Ratio | 17.28% |
Interest Income | ₹24,050 crore |
Non-Interest Income | ₹5,656 crore |
IOB Future Plans
Category | Details |
---|---|
Growth Strategy | Focus on CASA improvement |
Investment Focus | Supporting infrastructure development |
Profitability Goal | Targeted NIM improvement |
Technology Goals | Process improvements and tech integration |
Expansion Strategy | Enhance deposit mobilization |
Asset Management | Continued focus on improving asset quality |
Expert’s Opinion
Based on the targets, IOB shows steady growth potential. With a consistent increase of 25-35% each year until 2030, the stock looks promising for investors.
Long-term targets for 2035, 2040, and 2050 indicate much higher growth, with an increase of 70-110%. This makes IOB a good option for those looking to hold investments for years.
Experts believe that IOB’s balance between growth and stability could benefit those who prefer low-risk, long-term investments.
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IOB FAQs
What is IOB share price target for 2024?
IOB share price is expected to reach ₹68 in 2024.
How much could IOB stock grow by 2025?
By 2025, IOB stock could grow to ₹88 based on expert targets.
What is the long-term share price target for IOB?
By 2050, IOB share price could hit ₹2,295 as per experts.
Will IOB stock price increase every year?
Yes, experts expect an annual increase of 25% to 35% from 2024 to 2030.
Can IOB stock reach ₹1000 in the future?
Yes, IOB stock is expected to hit ₹1,095 by 2040.
What is the expected price of IOB in 2030?
IOB is likely to reach ₹326 by 2030 based on current targets.
Could IOB share price triple by 2040?
Yes, IOB could triple its price and reach ₹1,095 by 2040.
What are experts saying about IOB stock price growth?
Experts predict steady growth for IOB due to its strong financial performance.
Is IOB a good stock to buy in 2024?
With a price target of ₹68 for 2024, IOB is considered a solid buy by experts.
How does IOB compare to other banks?
IOB ranks highly due to its strong growth targets and improving asset quality.
What is IOB share price target for 2027?
IOB is projected to hit ₹149 by 2027 according to expert targets.
Will IOB stock price cross ₹2000 before 2050?
Yes, IOB stock is expected to exceed ₹2,000 by 2050 with a projection of ₹2,295.
What makes IOB a strong investment for 2030?
IOB’s consistent growth and improving financials make it a strong investment with a target of ₹326 by 2030.
What are the risks of investing in IOB?
While showing strong growth potential, market fluctuations and economic conditions could pose risks for IOB.
How is IOB planning to achieve its growth targets?
IOB’s growth plan includes expanding its deposit base and improving asset quality.
Can IOB stock hit ₹500 in the future?
Yes, experts predict IOB stock could reach ₹554 by 2035.
Why should you invest in IOB long term?
IOB’s steady growth and consistent yearly targets make it a solid long-term investment.
How often will IOB share price grow?
Experts expect IOB share price to grow by 25% to 35% each year until 2030.
Is IOB stock suitable for conservative investors?
Yes, IOB’s consistent growth makes it a good fit for conservative investors looking for long-term gains.
Disclaimer: This information is not financial advice. Stock price targets may change based on market trends. Please research or consult a financial advisor before investing.