Canara Bank Share Price Target 2024, 2025, 2030, 2040, 2050

Canara Bank Limited is an Indian bank. The company provides all the bank-related services. It also provides all digital services to its customers. It has many companies under it, like Canbank Computer Services, Canbank Venture Capital Fund, and more.

The bank helps people in villages who do not have bank accounts by giving them basic savings accounts, overdraft facilities, and credit options like low-interest loans and the Kisan Credit Card.

What is Canara Bank Ltd NSE: CANBK?

Canara Bank is a government-owned bank in India. it has services like savings accounts, mutual funds, digital banking, loans for people, loans for small businesses, and card services. Also for business, it provides services like business accounts, loans, and support for technology upgrades.

It also offers services to keep money and investments safe (depository services). Canara Bank helps people in villages who do not have bank accounts by giving them basic savings accounts, overdraft facilities, and credit options like low-interest loans and the Kisan Credit Card.

Canara Bank Share Price Target Tomorrow

Its stock going down, and this could continue. The stock price is below 107.7, and if it stays below this, it may drop more in the short term. The stock recently fell a lot, which usually happens when people feel negative about it. This fall might become worse in the next few days. The outlook for Canara Bank’s stock is very negative for a short term. So for tomorrow, its price target would be ₹102.

The price would be between ₹91 to ₹102 tomorrow.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2024	91	102

Canara Bank Share Price Target 2024

The bank provides services like credit cards, home loans, and cards for daily use, which makes small investors eager to invest in the company. It gives more benefits to investors and offers higher returns on fixed deposits than on savings accounts. In the future, this stock is expected to grow a lot. Currently, there are many strong buying orders for this stock. In 2024, its share price target would be ₹154.

In 2024, its share price would be between ₹85 to ₹154.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2024	85	154

Month	Minimum Price (Rs)	Maximum Price (Rs)
January	85	94
February	93	116
March	103	118
April	109	122
May	103	123
June	93	125
July	109	120
August	104	115
September	98	113
October	90	154
November	88	137
December	85	140

Canara Bank Share Price Target 2025

This bank has made a big impact on the banking industry. It started an inter-city ATM network so customers can use ATMs in different cities and It plans to add more ATMs across India. The bank also has over 12,000 branches all over the country, including in rural and semi-urban areas. This helps local people and boosts the Indian economy. The company’s fundamentals look good and for 2025, its share could give a positive trend, its stock price target would be ₹231.

By 2025, Its share would be between ₹91 to ₹231.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2025	91	231

Month	Minimum Price (Rs)	Maximum Price (Rs)
January	91	118
February	94	120
March	97	125
April	99	129
May	102	135
June	105	140
July	108	138
August	109	131
September	120	152
October	113	161
November	130	170
December	140	231

Share Price Target 2030

Canara Bank is doing well in the financial market. Good growth comes from offering new services, a smart investment plan, and providing loans to both rural and urban people, including women. These factors attract many investors to its shares. The bank also has foreign investors, which helps improve its financial situation. Canara Bank’s net profit has increased a lot. experts predict that its share price target will be ₹780 in 2030.

Its share price would be between ₹600 to ₹780 in 2030.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2030	600	780

Month	Minimum Price (Rs)	Maximum Price (Rs)
January	600	634
February	624	640
March	615	623
April	619	634
May	623	641
June	630	637
July	635	641
August	640	654
September	650	662
October	667	670
November	680	700
December	723	780

Share Price Target 2040

The bank’s strong performance and it will keep growing well in the future. Experts think the banking sector has been doing well and will keep doing so, giving good returns over time. Foreign investment in Canara Bank is also rising, with about 10% of the shares owned by foreign investors. Right now, foreign investors own 12.11% of Canara Bank’s shares, showing that the bank’s stock is strong and attracting more foreign interest. There is much plan for the future of this bank. In 2040, its share price target would be ₹1200.

According to experts, its share price would be between ₹1009 to ₹ 1200 in 2040.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2040	1009	1200

Month	Minimum Price (Rs)	Maximum Price (Rs)
January	1009	1072
February	1031	1050
March	1054	1080
April	1073	1091
May	1080	1100
June	1094	1124
July	1100	1121
August	1119	1130
September	1128	1143
October	1140	1150
November	1146	1158
December	1170	1200

Share Price Target 2050

If you’re considering investing in Canara Bank for the long term, experts say it could be a good idea. Right now, the bank’s performance might not look great, but it has the potential to do very well over time. Big investors in India recommend investing for the long term to see better returns. By 2050, its share price target would be ₹2357.

As per the experts, its share price would be between ₹2000 to ₹2357 in 2050.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2050	2000	2357

Month	Minimum Price (Rs)	Maximum Price (Rs)
January	2000	2053
February	2030	2075
March	2043	2086
April	2060	2100
May	2081	2137
June	2098	2148
July	2110	2180
August	2130	2199
September	2159	2224
October	2173	2230
November	2208	2248
December	2261	2357

Should I Buy Canara Bank Stock?

Year	Minimum Price (Rs)	Maximum Price (Rs)
2024	85	154
2025	91	231
2030	600	780
2040	1009	1200
2050	2000	2357

The fundamentals of this bank are good. The bank always provides a good interest to its customers. It gave all the facilities of the bank offline and digitally too. Its share gave a good return to its investors. In the long term, it could be one of the good stocks. It has many upcoming plans which will grow this company more.

Canara Bank Ltd Earning Results

Mcap Full (Cr.)	93,971.95
Turnover (Cr.)	17.31
TTQ (Lakh)	16.65
EPS (TTM)	16.45
CEPS (TTM)	16.45
PE/PB	6.30 / 1.08
ROE	17.16
Face Value	2.00
NPM %	13.61
EPS	4.31
Revenue	28,701.35
Net Profit	3,905.28

Is Canara Bank Stock Good to Buy? (Bull case & Bear case)

Bull Case:

• Canara Bank is financially stable.
• More people and businesses are needing loans, which could boost the bank’s profits.
• As it is a government bank, It might get extra help from the government to support its growth.
• The bank is putting money into new technology, which can make banking easier for customers and more efficient for the bank.
• The bank is working to reduce bad loans.

Bear Case:

• The bank still has problems with bad loans.
• Changes in banking regulations could affect how well the bank performs.
• Switching to new banking technology can be challenging and expensive.

Conclusion

By researching and getting expert advice, it looks like Its share could give you very good returns for long-term investment. Since Canara Bank is in the growing banking sector, its stock could increase in value as the sector does well. Well, we have discussed much about it in this article so you should read it before taking any decision.

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