Canara Bank is one of India’s largest public-sector banks founded by Shri Ammembal Subba Rao Pai and established in July 1906. For investors, we will understand Canara Bank’s share price target from 2025 to 2030.
You can also understand from this article the right way to choose a high-return company in the future and the basic rules for analyzing any company, present performance, and market sentiments. I want to tell you the stock market is a game of analysis if you have the skill to analyze any company for investment purposes then I will tell you, you are a good investor.
About Canara Bank
Canara Bank is one of the oldest and largest banks in India which was established in the year of 1906. Over a century passed by Canara Bank serving the people and the country. Canara Bank not only provides banking services but also provides many different types of services like loans (home loans, vehicle loans, educational loans, personnel loans, mortgage loans, gold loans, MSME loans, corporate loans, solar loans, and agricultural loans).
Apart from this Canara Bank also provides many types of digital services like mobile banking, internet banking, UPI and FASTAG, digital lending portals, missed call banking, online account opening, etc.
Canara Bank Share Price NSE & BSE Update
The current share price of Canara Bank NSe is Rs113.86 and BSE is Rs 113.80 per share which decreased from Rs 118 per share last month.
Canara Bank Stock-Overview
The current market capital of Canara Bank is 105038Cr and its 52-week Low and high price is Rs63.85 and Rs128.90. Canara Bank has a strong presence in the stock market and banking industry.
Canara Bank shares-Overview | Canara Bank Share Data’s |
Previous Close | ₹103.96 |
Day Range | ₹99.50 – ₹104.50 |
Market Cap | 924.75BÂ INR |
AVG Volume | 26.19M |
52 Week Low | ₹128.90 |
52 Week High | ₹76.20 |
Book Value | 91.52 |
Face Value | 2 |
Dividend Yield | 2.78% |
Also Read Yes Bank Share Price Target 2024, 2025 To 2030, 2035 & 2040
Canara Bank Share Price History
If we take a look at Canara Bank’s past performance on the stock market then you can see in the table below the return of the last year was +46.54% and the return of the last 5 years was +108.33%. But if we talk about the all-time return of Canara Bank then it’s given +183.39%.
Time Frame | Returns of Canara Bank Share |
Before 1-D | 101.32 |
Before 1-Week | 107.62 |
Before 1-Month | 118.36 |
Before 1-Year | 77.51 |
Before 5-Year | 40.27 |
All-Time | 147.38 |
Fundamentals of Canara Bank share
The price-to-earnings ratio of Canara Bank is 6.88 and the return on equity is 18.40%, EPS (TTM) is 16.84, Debt to Equity is not applicable for this company.
Fundamentals of Canara Bank share | Canara Bank Share Data’s |
P/E Ratio (TTM) | 6.88 |
Dividend Yield | 3.16% |
P/B Ratio | 1.27 |
Industry P/E | 14.84 |
Debt to Equity | NA |
ROE | 18.40% |
EPS (TTM) | 16.84 |
Financial Condition of Canara Bank Share
Friends, first of all, take a look at the previous year’s profit of Canara Bank, so friends if you see the condition of Canara Bank in 2020 then this time Bank had trouble with a big loss, and its loss was 2023Cr but the next year Bank come back with a major profit of 2702Cr which was unbelievable. The yearly revenue of Canara Bank is continuously increasing. In the year 2020, you can see the revenue of Canara Bank was 61558Cr but right now this revenue is 139165Cr which is more than double.
Year | Revenue Of Canara Bank | Net Profit Of Canara Bank | Net Worth Of Canara Bank |
2020 | 61558Cr | -2023Cr | 41936Cr |
2021 | 93339Cr | 2702Cr | 63203Cr |
2022 | 94257Cr | 5795Cr | 70786Cr |
2023 | 111210Cr | 10808Cr | 78958Cr |
2024 | 139165Cr | 14782Cr | 93134Cr |
Canara Bank Share Price Target 2025, 2026, 2027 to 2030
After seeing and understanding the market condition and performance of Canara Bank, we present the target share price of Canara Bank which is given below in the table. The share price target of Canara Bank from 2025 to 2030 will vary between Rs180 to Rs260 per share.
Year | Target Share Price |
2025 | Rs180 |
2026 | Rs210 |
2027 | Rs245 |
2028 | Rs278 |
2029 | Rs260 |
2030 | Rs295 |
Canara Bank Share Price Target 2025
The share price target of Canara Bank for 2025 is estimated to be Rs180 per share which will increase or decrease from Rs40.
Year | Canara Bank Share Target |
2025 | Rs180 |
Canara Bank Share Price Target 2026
The share price target for 2026 of Canara Bank is expected to be Rs210 per share at the end of the year. The price prediction is based on past performance and current growth of Carana Bank. If this bank grows better than present in the future then its target price may be different from our expectation.
Year | Canara Bank Share Target |
2026 | Rs210 |
Canara Bank Share Price Target 2027
In 2027, the share price target of Canara Bank is estimated to be at Rs245 per share which will increase from Rs210 per share in the last year.
Year | Canara Bank Share Target |
2027 | Rs245 |
Canara Bank Share Price Target 2028
In 2028, the target share price of Canara Bank will be Rs278 per share which will be increased from Rs245 compared with last year.
Year | Canara Bank Share Target |
2028 | Rs278 |
Canara Bank Share Price Target 2029
Canara Bank’s share price target for 2029 is estimated to be Rs260 per share which will decrease from Rs278 in the last year.
Year | Canara Bank Share Target |
2029 | Rs260 |
Canara Bank Share Price Target 2030
Now, we talk about Canara Bank’s share price target for 2030 which will be approx Rs295 per share.
Year | Canara Bank Share Target |
2030 | Rs295 |
Conclusion of this article
The performance of Canara Bank in the stock market is very slow compared to other stocks. This bank has not given a good return in the last few years and if we talk about long-term returns or all-time returns then it was also very bad. So friends you can go with this stock for a very long-term investment but we do not recommend this to invest in this stock. For better investing, you can check our home page to analyze another stock.
FAQs
Is Canara Bank a good stock to buy?
For a very long-term investment, you can buy this stock.
What is the target price of Canara Bank in 2025?
The share price target of Canara Bank in 2025 is estimated to be Rs180.
What is the target price of Canara Bank in 2026?
The share price target of Canara Bank in 2026 is estimated to be Rs210.
What is the target price of Canara Bank in 2027?
The share price target of Canara Bank in 2027 is estimated to be Rs245.
What is the target price of Canara Bank in 2028?
The share price target of Canara Bank in 2028 is estimated to be Rs278.
What is the target price of Canara Bank in 2029?
The share price target of Canara Bank in 2029 is estimated to be Rs260.
What is the target price of Canara Bank in 2030?
The share price target of Canara Bank in 2030 is estimated to be Rs295.