If you are looking for “ Canara Bank share price targets” for upcoming years, you are in the right place. Before we dive into Canara Bank stock price targets, Let’s understand the Canara Bank company background, technical fundamentals etc.
- 1 About Canara Bank
- 2 Fundamentals of Canara Bank
- 3 Canara Bank Share Price Target Details
About Canara Bank
Canara Bank is a state-owned banking and financial services company based in Bangalore. It is one of the largest banks in India and offers a wide range of banking and financial services to its customers.
Fundamentals of Canara Bank
Let’s look at the fundamentals of Canara Bank, based on which we can get a clear understanding of the expertise in the Bank – Public sector.
- Current Market Cap: The current market cap of Canara Bank as of 2/19/2023, is ₹ 53,308.22
- P/E Ratio: The current price-to-earning ratio of Canara Bank is 5.86
- Sales Growth: Sales growth in last 1 year for Canara Bank is 0.51 %
- Profit Growth: Profit growth is around 114.48 % in last 1 year
We have done a complete analysis of Canara Bank and have come up with its share price targets for upcoming years.
Canara Bank’s Current Share Price is ₹294
Note: These price targets of “Canara 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||Canara Bank Share Price Targets (₹)|
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 Canara Bank for the year 2023 will be ₹319
The target share price of Canara Bank for the year 2024 will be ₹344
The target share price of Canara Bank for the year 2025 will be ₹369
The target price of Canara Bank for the year 2026 will be ₹394
The target share price of Canara Bank for the years 2027, 2028, 2029, and 2030 will be ₹419, ₹444, ₹469, and ₹494 respectively.