If you are looking for “ Indian Overseas Bank share price targets” for upcoming years, you are in the right place. Before we dive into Indian Overseas Bank stock price targets, Let’s understand the Indian Overseas Bank company background, technical fundamentals etc.
Contents
About Indian Overseas Bank
Indian Overseas Bank is a public sector bank in India, founded in 1937. The bank provides a wide range of banking products and services, including personal and corporate banking, NRI banking, and other financial services. The bank is headquartered in Chennai and has a network of over 3,400 branches across India.
Fundamentals of Indian Overseas Bank
Let’s look at the fundamentals of Indian Overseas 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 Indian Overseas Bank as of 2/26/2023, is ₹ 51,509.07
- P/E Ratio: The current price-to-earning ratio of Indian Overseas Bank is 25.74
- Sales Growth: Sales growth in last 1 year for Indian Overseas Bank is -1.41 %
- Profit Growth: Profit growth is around 125.39 % in last 1 year
We have done a complete analysis of Indian Overseas Bank and have come up with its share price targets for upcoming years.
Indian Overseas Bank’s Current Share Price is ₹27
Note: These price targets of “Indian Overseas 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 | Indian Overseas Bank Share Price Targets (₹) |
|---|---|
| 2023 | 34 |
| 2024 | 41 |
| 2025 | 48 |
| 2026 | 55 |
| 2027 | 62 |
| 2028 | 69 |
| 2029 | 76 |
| 2030 | 83 |
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 Indian Overseas Bank for the year 2023 will be ₹34
The target share price of Indian Overseas Bank for the year 2024 will be ₹41
The target share price of Indian Overseas Bank for the year 2025 will be ₹48
The target price of Indian Overseas Bank for the year 2026 will be ₹55
The target share price of Indian Overseas Bank for the years 2027, 2028, 2029, and 2030 will be ₹62, ₹69, ₹76, and ₹83 respectively.
