If you are looking for “ITC share price targets” for upcoming years you are in the right place. Before we dive into ITC stock price targets, Let’s understand the ITC company background, technical fundamentals etc.
Fundamentals of ITC
Let’s look at the fundamentals of ITC, based on which we can get a clear understanding of the expertise in the Conglomerate sector.
Current Market Cap: The current market cap of ITC as of October 10 2022, is ₹ 4,05,763.12 Cr.
P/E Ratio: The current price to earning ratio of ITC is 25.03.
Sales Growth: Sales growth is around 38.80% over the period of time
Profit Growth: Profit growth is around 15.55 % over the period of time
ITC Price Target Details
We have done a complete analysis of ITC and have come up with its share price targets for upcoming years.
Note: These price targets of “ITC” is only for reference purpose only, this prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition is not covered in this analysis.
|Year||ITC Share Price Targets (₹)|
After analyzing the chart deeply by taking the monthly time frame analysis on the trading view chart of ITC we found,
The target share price of ITC for the year 2022 will be ₹340
The target share price of ITC for the year 2023 will be ₹355
The target share price of ITC for the year 2024 will be ₹366
The target share price of ITC for the year 2025 will be ₹379
The target price of ITC for the year 2027 will be ₹384
The target share price of ITC for the years 2027, 2028, 2029, and 2030 will be ₹390, ₹398, ₹410, and ₹430 respectively.