Are you looking for a SBI Share Price Target of 2023, 2024, 2025, 2026, 2027,2028,2029 and 2030?
Here is the in and out of SBI share price target 2023,2024,2025,2026,2027,2028,2029 and 2030. These predicted share price is based on the comprehensive analysis of the company’s growth potential and historical data.
This load of information helps you with decisions about long-term and short-term investments.
It will surely help you out in SIP(Systematic Investment Plan) for better ROI(Return On Investment).
Share price Overview::
I am Stanly Knight, a Stock Market research Analyst from 2000 to till date. Having more than 22 years of experience in Stock Market Analysis and Price Analysis in the Indian share Market and American Stock Market. I have even worked as a freelance analyst for many companies to improve their portfolio management and risk analysis of their Investment.
Below we are going to summarize the fundamentals and the share price targets from 2023 to 2030. The fundamentals are accurate as per the NSE(National Stock Exchange) and BSE(Bombay Stock Exchange) data. and the prediction is completely based on our company policies and our team experts’ perspectives.
Company Overview
STATE BANK OF INDIA (BSE: 500112, NSE: SBIN)
State Bank of India (SBI) is an Indian bank that provides a wide range of financial services to individuals, businesses and institutions. They have different parts of their business:
Treasury: This is where they manage their investments and negotiate foreign currency and financial contracts.
Corporate Banking/Wholesale Banking: This part of the bank is involved in lending to large corporations, commercial customers, and distressed asset management. They also provide loans and services to businesses and organizations through their overseas offices.
Retail Banking: This is where they handle personal banking, including loans to business customers who have accounts with them. Address: You can find their main office at State Bank Corporate Center Bhavan, Madame Cama Road, Mumbai, India.
If you want to know more, you can visit their website here.
They operate in the business of “Money Banking” and the main person in charge is Dinesh Kumar Khara, Executive Chairman of the Board of Directors.
Upcoming Projects of SBI
| Year | Projects |
|---|---|
| 2023 | No Data |
| 2024 | No Data |
SBI Company Fundamentals:
- The main way banks make money is by charging interest on the loans they make to individuals and businesses. In the last year, SBI has earned a whopping amount of 3,32,103.06 Cr. This represents a nice increase of 8.88% over the past 3 years.
- Loans granted increased by 17.02% compared to the previous year. Over the past 3 years, the increase was 11.22%.
- Currently, SBI has a CASA ratio of 42.67% and the total cost of receiving funds from different sources is 3.81%. They collected a total of Rs 44,23,777.78 Cr. of these accounts.
- SBI has a good track record in terms of how it uses its assets. They had 2.78% bad debts and 0.67% bad debts over the past year.
- Another important thing the bank needs to check is how prepared the bank is for unexpected problems. SBI’s provision coverage ratio is down -32.49% over last year, which means the ratio has declined. Banks also like to make money from things other than interest. SBI’s other income declined and now stands at Rs 36,615.60 Cr.
- SBI is in good shape as it has enough reserves. They have a solvency ratio of 14.68.
- If you want to know whether SBI is a good trade right now, you can look at the P/B ratio. It’s currently at 1.69, which is higher than the 1.40 average they had before.
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SBI Share Price Target Analytics from 2023 to 2030
SBI share price target for 2023, 2024, 2025, 2026, 2027, 2028, 2029 and 2030 are available here. TradingView charts and technical analysis are used to forecast or predict the price of SBI shares. This price prediction was aided by our team of expert advice.
SBI share price target 2023|SBI share price forecast 2023
When a company continually makes more money, it attracts a large number of investors who want a piece of that success pie. As they compete for shares, share prices follow an upward trend.
| First Target | 611 |
| Second Target | 623 |
| Third target | 635 |
SBI share Price target 2024|SBI share price forecast 2024
Think of it as the magnetic attraction of a business to more and more customers. The bigger the crowd, the higher the sales, and it’s like music to investors’ ears, causing stock prices to fluctuate.
| First Target | 681 |
| Second Target | 695 |
| Third target | 712 |
SBI share price target 2025|SBI share price forecast 2025
Sometimes it’s all about mood. If investors feel the same good vibes about a company, they will jump on the bandwagon, sending the stock price soaring. Conversely, a pessimistic mood can cause prices to fall into a downward spiral.
| First Target | 761 |
| Second Target | 771 |
| Third target | 796 |
SBI share price target 2026|SBI share price forecast 2026
Imagine a company returning money to its shareholders, like throwing a coin into a wishing well. Shareholders like that and tend to hold on to their shares, or even buy more, which can increase the share price.
| First Target | 926 |
| Second Target | 941 |
| Third target | 954 |
SBI share price target 2027|SBI share price forecast 2027
Think of a company as a star athlete in a race, consistently outpacing its competitors. Investors cheer winners, and that cheering can lead to higher stock prices.
| First Target | 1015 |
| Second Target | 1049 |
| Third target | 1086 |
SBI share price target 2028|SBI share price forecast 2028
Some companies are riding the wave of booming industries. Investors are flocking to them, believing they are catching the next big wave. This rush of interest can push stock prices up.
| First Target | 1131 |
| Second Target | 1149 |
| Third target | 1165 |
SBI share price target 2029|SBI share price forecast 2029
Companies continuously come up with new ideas and products that will attract investors. They see a bright future full of potential, and this optimism can lead to higher stock prices.
| First Target | 1251 |
| Second Target | 1275 |
| Third target | 1294 |
SBI share price target 2030|SBI share price forecast 2030
When a company has a strong financial fortress, it acts as a stronghold in the eyes of investors. They feel secure so they invest more, and this consolidation often strengthens stock prices.
| First Target | 1449 |
| Second Target | 1465 |
| Third target | 1489 |
SBI Buy or Sell call: SWOT
Minimum And Maximum SBI Share
| YEAR | MIN | MAX |
| 2023 | 612 | 635 |
| 2024 | 689 | 712 |
| 2025 | 765 | 796 |
| 2026 | 932 | 954 |
| 2027 | 1051 | 1086 |
| 2028 | 1146 | 1165 |
| 2029 | 1258 | 1294 |
| 2030 | 1470 | 1489 |
SBI Dividend history
| Ex Date | Dividend type | Dividend % | Dividend Rs Per Share |
| 31-05-2023 | Final | 1130 | 11.30 |
| 25-05-2022 | Final | 710 | 7.10 |
| 03-06-2021 | Final | 400 | 4.00 |
| 26-05-2017 | Final | 260 | 2.60 |
| 03-06-2016 | Final | 260 | 2.60 |
Conclusion:
- The above-mentioned SBI Share Predictions are completely based on our expertise. If you are looking for a stock that is owned by a Government as of 22/09/2023, it’s a good stock for long-term investment, currently, the SBI shares are Trading at a close call of an all-time high of 589Rs.
- If you are a short-term investor expecting more ROI, It’s completely on your will and knowledge.
- In the last 6 months, the SBI share price has gained over 12% of its share price, it’s a good sign.
- Be aware of stock operators..!!
Is SBI a good buy for the long term?
YES. By analyzing its past year records, it’s good to buy for the long term by expecting more than 500% ROI in 10 years.
Is SBI a good stock to buy?
YES, a Public Sector Company which is operated by the Government of India and running successfully with profit for several years tends to make a good stock to buy
Can SBI be a multibagger?
offcourse? All shares can be multibagger like TITAN Share. Till now SBI shares have gained up to 3700% from its beginning it may further move up because of their business expansion and it close be a multi-bagger stock in the next several years.
What is the true value of SBI share?
Because of the intrinsic value and the valuation the true value of SBI shares will be 615rs
SBI dividend 2023 record date?
31-05-2023 is the record date for the final dividend, of 1130% which is nothing but 11.30Rs per SBI share to their shareholders.
Which power share is best to buy now?
Adani Power. By seeing the record and the market correction power sector Adani Power will be the best share to buy now.
Disclaimer:
We are not SEBI-registered analysts. The above-mentioned share price is the target and analysis is completely based on our expertise. We do not recommend any of you to purchase any shares and we are not manipulating or handling any of the share price. The above-mentioned share price targets are only for educational and research purposes.