Share of State Bank of India (SBI) is currently trading at around Rs.573/- Existing as well as prospective investors are asking for the SBI Share Price Target in 2025 as well as targets for other years from 2023 to 2030. In this article, we will discuss about the business prospects and financial performance of State Bank of India and based on our discussion and analysis will tell you the SBI Share Price Target in 2025 as well as the targets for other years from 2023 to 2030.
Following questions are also frequently asked by the Investors in relation to the share price target of State Bank of India:
- What is the target of SBI shares in 2030?
- What will be the price of SBI share in 2024?
- What will be the SBI share price in 2023?
- Is SBI good for long term?
- What will be the share price target of SBI in 2025?
- What will be the share price target of SBI in 2030?
Discussion & Analysis of Business & Financial performance as well as future Business Prospects of State Bank of India(SBI):
State Bank of India (SBI) is the largest bank in India and one of the largest banks in the world. It has a strong track record of growth and profitability, and is well-positioned to continue to grow in the future.
Here are some of the factors that are likely to drive SBI’s future business prospects:
- India’s growing economy: India is one of the fastest-growing economies in the world, and this growth is expected to continue in the coming years. This will create new opportunities for businesses of all sizes, and SBI is well-positioned to meet the needs of these businesses.
- Digital transformation: The banking industry is undergoing a digital transformation, and SBI is at the forefront of this transformation. The bank has invested heavily in digital technologies, and this has enabled it to offer a wider range of products and services to its customers. SBI is also well-positioned to benefit from the growth of the digital economy in India.
- Expanding reach: SBI has a vast network of branches across India, but it is also expanding its reach into new markets. The bank has opened branches in several countries in the Middle East, Africa, and Southeast Asia. This expansion will help SBI to tap into new growth opportunities.
- Diversifying its product portfolio: SBI is not only a retail bank, but it also offers a wide range of other products and services, such as corporate banking, investment banking, and insurance. This diversification will help SBI to reduce its reliance on any one segment of the market.
In addition to these factors, SBI also has a strong brand reputation and a loyal customer base. These factors will help the bank to continue to grow in the future.
According to a report by SBI Capital Markets, the bank’s net profit is expected to grow at a CAGR of 12% in the next five years. The report also expects the bank’s loan book to grow at a CAGR of 10% in the same period.
SBI is targeting a market capitalization of $1 trillion by 2030. To achieve this target, the bank plans to expand its branch network, invest in digital technologies, and diversify its product portfolio.
Overall, the future business prospects of SBI look bright. The bank has a strong track record of growth and profitability, and it is well-positioned to benefit from the growth of the Indian economy. SBI is also investing in digital technologies and expanding its reach into new markets. These factors will help the bank to continue to grow in the coming years.
Share Price Targets:
SBI Share Price Target in 2023
Based on the above discussion and analysis, the share price of SBI may touch the level of around Rs.600-650 in 2023.
SBI Share Price Target in 2024
Based on the above discussion and analysis, the share price of SBI is likely to touch the level of around Rs.700-750 in 2024
SBI Share Price Target in 2025
Based on the above discussion and analysis, the share price of SBI is likely to remain in the range of Rs.800-850 in 2025.
SBI Share Price Target in 2026
Based on the above discussion and analysis, the share price of SBI may touch the level of around Rs.900-950 in 2026.
SBI Share Price Target in 2027
Based on the above discussion and analysis, the share price of SBI is likely to touch the level of around Rs.1000-1050 in 2027.
SBI Share Price Target in 2028
Based on the above discussion and analysis, the share price of SBI is likely to remain in the range of Rs.1100-1150 in 2028
SBI Share Price Target in 2029
Based on the above discussion and analysis, the share price of SBI is likely to touch the level of around Rs.1200-1250 in 2029
SBI Share Price Target in 2030
Based on the above discussion and analysis, the share price of SBI is likely to remain in the range of Rs.1300-1500 in 2030
Disclaimer: Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general guidance purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
Also Read :
Visit our Website regularly for more such Educational Research Articles:
MoneyInsight – We Provide Insight to Your Money
1 thought on “SBI Share Price Target in 2025,2026,2027,2028,2029 & 2030”