If you are looking for “ IDFC First Bank share price targets” for upcoming years, you are in the right place. Before we dive into IDFC First Bank Ltd. stock price targets, Let’s understand the IDFC First Bank company background, technical fundamentals etc.
About IDFC First Bank Ltd.
IDFC First Bank Ltd. is a private sector bank in India that was formed in December 2018 after the merger of IDFC Bank and Capital First Ltd. The bank offers a wide range of financial products and services, including savings accounts, current accounts, fixed deposits, loans, and credit cards. IDFC Bank was originally founded in 2015 as a specialized infrastructure financing company, while Capital First Ltd. was established in 2012 as a non-banking financial company. The merger of these two companies created a strong financial institution with a diverse portfolio of offerings and a nationwide presence. IDFC First Bank is committed to providing innovative and customer-centric solutions to meet the evolving needs of its customers.
Fundamentals of IDFC First Bank Ltd.
Let’s look at the fundamentals of IDFC First Bank, based on which we can get a clear understanding of the expertise in the Bank – Private sector.
- Current Market Cap: The current market cap of IDFC First Bank as of 3/11/2023, is ₹ 36,246.33
- P/E Ratio: The current price-to-earning ratio of IDFC First Bank is 18.33
- Sales Growth: Sales growth in last 1 year for IDFC First Bank is 7.54 %
- Profit Growth: Profit growth is around -72.62 % in last 1 year
IDFC First Bank Ltd. Share Price Target Details
We have done a complete analysis of IDFC First Bank and have come up with its share price targets for upcoming years.
IDFC First Bank’s Current Share Price is ₹58
Note: These price targets of “IDFC First Bank” are only for reference purposes. This prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition are not covered in this analysis.
Year | IDFC First Bank Share Price Targets (₹) |
---|---|
2023 | 65 |
2024 | 72 |
2025 | 79 |
2026 | 86 |
2027 | 93 |
2028 | 100 |
2029 | 125 |
2030 | 150 |
IDFC First Bank share price target 2023
After analysing the chart deeply by taking the monthly time frame analysis on the trading view chart of Paytm we found
The target share price of IDFC First Bank for the year 2023 will be ₹65
IDFC First Bank share price target 2024
The target share price of IDFC First Bank for the year 2024 will be ₹72
IDFC First Bank share price target 2025
The target share price of IDFC First Bank for the year 2025 will be ₹79
IDFC First Bank share price target 2026
The target price of IDFC First Bank for the year 2026 will be ₹86
IDFC First Bank share price target 2027 to 2030
The target share price of IDFC First Bank for the years 2027, 2028, 2029, and 2030 will be ₹93, ₹100, ₹125, and ₹150 respectively.