Hi, Friends welcome to another article on sharespricetarget.com, today this article we discuss ICICI Bank Share Price Target and its future share value prediction. Also, we analyze the company’s upcoming business details and financial fundamentals giving you more insight into the company’s future share performance.
Evaluating the company’s fundamentals, business strengths, and weaknesses will give us whether investing in ICICI Bank’s Share Price is worth it or not. Let’s see in-depth details about ICICI Bank Share Price Target for 2023, 2024, 2025, 2026, and 2030.
ICICI Bank Share Price Target 2023, 2024, 2025, 2026, 2030
ICICI Bank offers a variety range of banking products and services like saving and personal accounts, personal loans, home loans, car loans, credit cards, and wealth management services. And it has a large network of branches and ATMs across India.
Also, the company works with corporate and international banking which includes capital finance, trade finance, and services to companies and capital finance, trade finance, and project finance.
ICICI Bank Share Price Target 2023
ICICI Bank issued Initial Public Offering (IPO) on Jul 2007, and the company was listed on the Bombay Stock Exchange and the National Stock Exchange. The listing price is Rs.890 with a face value of Rs.10.
ICICI Bank ( Industrial Credit and Investment Corporation of India) was established in 1955 as a government company later the company was owned by Vadodara. ICICI Bank is the leading player in the Indian financial and banking sector.
ICICI Bank Share Price Target 2023: ICICI Bank has enormous products and the highest market value in the Indian finance and banking sector, as per the CAGR report the upcoming market growth in the finance and banking sector is booming, so you can expect the share price target of ICICI Bank by 2023 Rs. 1000 and the second target is Rs.1050.
|ICICI Bank Share Price First Target 2023||Rs.1000|
|ICICI Bank Share Price Second Target 2023||Rs.1050|
ICICI Bank Share Price Target 2024
ICICI Bank Shares P/E ratio is 18.94 and its sector P/E ratio is 5.54, so the trade value of ICICI Bank Overvalued Zone, the company shows good revenue growth over the period of time, it shows 989.5bn revenue which is 2.53% high compared its previous financial year.
The company keeps focusing on retail loan segments and increasing its customer base, ICICI Bank has a wide range of banking products and financial services for institutions and retail customers.
ICICI Bank Share Price Target 2024: ICICI Bank is an established company it has a wide range of customer bases in many geological locations in India, and the company keeps investing in new technologies to reach out to more customers and trying to expand its business in all financial segments. The expected share Price Target of ICIC Bank by 2024. is Rs. 1100 and the second target is Rs. 1200
|ICICI Bank Share Price First Target 2024||Rs.1100|
|ICICI Bank Share Price Second Target 2024||Rs.1200|
ICICI Bank Share Price Target 2025
ICICI Bank Share Price Today Rs. 852 (21-3-23), and you can check the latest share value by clicking the link. If you see ICICI Bank Share Price history its shares rose up to Rs.980 per share. ICICI Bank shares 52W H/L value 669/958.
The company generates revenue from interest and discounts on advances and bills, income from various investments, getting revenue from inter-bank funding. The company is keep focused on micro markets.
ICICI Bank has 5,418 branches,13626 ATMs, and 2983 Deposit Machines all over India, and the company is expanding its presence in various rural locations in the upcoming days.
ICICI Bank Share Price Target 2025: ICICI Bank has shown good share price growth in the last three financial years, and the positive market trend will give more opportunities to the banking and financial sectors in the upcoming days. So you can expect the share price Target of ICICI Bank by 2025 Rs. 1450 and the second target of Rs.1550
|ICICI Bank Share Price First Target 2025||Rs.1450|
|ICICI Bank Share Price Second Target 2025||Rs.1550|
ICICI Bank Share Price Target 2026
ICICI Bank is tremendously working on digitalization with its new services, like the company occupying the highest FASTag market share with 33%, and its mobile app called immobile pay has 6.1 million active users.
The company keeps strengthening its digital presence in the digital payment ecosystem with seamless service to its customers. And taking so many actions to increase its credit card users, in FY 2022 ICICI generate 20% of its revenue from credit cards.
ICICI Bank Share Price Target 2026: ICICI introducing new technologies for better servicing to customers, and also expanding its digital presence by providing various products, the market demand keeps on increasing by various factors, so you can expect the share value of ICICI Bank by 2026 Rs. 1600 and the second target is Rs.1850
|ICICI Bank Share Price First Target 2026||Rs.1600|
|ICICI Bank Share Price Second Target 2026||Rs.1850|
ICICI Bank Share Price Target 2030
ICICI Bank Large Cap company with a total market value of Rs.583,593Cr, the company has doing business in investment banking, life, and non-life banking, venture capital, and assets management.
ICICI Bank and its subsidiary are providing services in India and more than 17 countries across the globe. Experts say by 2050 Indian banking sector is the world’s third-largest banking sector and its touch up to $215bn market by 2030.
ICICI Bank Share Price Target 2030: As per the market opportunities the company is able to perform well in upcoming days, and its constantly increasing its products and services in all segments, so you can expect stable growth from ICICI Bank Shares, the expected share price target by 2030 is around Rs.3500 and the second target is Rs. 3600
|ICICI Bank Share Price First Target 2030||Rs.3500|
|ICICI Bank Share Price Second Target 2030||Rs.3600|
Overview Of ICICI Bank Limited
|Headquarters Place||Mumbai, Maharashtra, India|
|Number Of Location||5,275|
|Key People||Girish Chandra Chaturvedi [Chairman] Sandeep Bhakshi [MD & CEO]|
|Products||Banking, Commodities, Credit cards, Equities Trading, Insurance, Investment Management, Mortgage Loans, Mutual Funds, Private Equity, Risk Management, Wealth Management, Asset Management|
|Number Of Employees||97,400|
|Subsidiaries||ICICI Prudential, ICICI Lombard, ICICI Securities, ICICI Direct|
Business Model Of ICICI Bank Limited
ICICI Bank is the leading private sector bank in India and works with a wide range of services and financial products for its customers. Retail banking, corporate banking, international banking, investment banking, and insurance. Also attached technical chart for ICICI Bank Share Price Target.
Strengths Of ICICI Bank Limited
- Growth in operating profit increase in operating margins YoY
- FII/FPI or companies increasing their holdings
- The book value per share has been improving over the past 2 years
- Annual Net profit has been improving for the last 2 years
- Profit has been increasing every quarter for the last 2 quarters
- Revenue has been increasing in every quarter for the last 4 quarters
- There has been growth in quarterly net profit and YoY with the increasing profit margin
- There is growth in net profit and increasing profit margin QoQ
- ROA has improved in the last 2 years
- ROE on equity has improved in the last 2 years
- Revenue has been increasing in every quarter for the past 8 quarters
- Recent results show good quarterly growth
- There are liquidity-enhancing stocks and a good life subscription
- It is the company with the highest TTM EPS growth
Weaknesses Of ICICI Bank Limited
- MFs Is has completely reduced its holdings in the last quarters
- The price is below the long-term and short-term averages
- RoCe has been declining in the last 2 years
Opportunity For ICICI Bank Limited
- Undervalued growth stocks
- Brokers have updated their recommendation or target price in the last 3 months
- Current TTM PE rate for companies less than 3 years 5 years and 10 year PE
Competitors Of ICICI Bank Limited
- Stanchart PLC
- Lakshmi Vila
- Dhanalaximi Bank
- Suryoday Small
- DCB Bank
- South Ind Bank
- CSB Bank
- Karnataka Bank
- JK Bank
- Ujjivan Small
- Equitas Bank
- Karur Vysya
- RBL Bank
- City Union Bank
- Federal Bank
- Bandhan Bank
- IDFC First Bank
- AU Small Finance
- Yes Bank
- IDBI Bank
- IndusInd Bank
- Axis Bank
- Kotak Mahindra
- HDFC Bank
Shareholding Pattern Of ICICI Bank Limited
|No Of Shares||100. %|
|Foreign Institutions||36.61 %|
|N Banks Mutual Funds||23.29 %|
|General Public||6.43 %|
|Financial Institutions||12.79 %|
ICICI Bank Share Price Target 2023, 2024, 2025, 2026, 2030
|Years||First Target||Second Target|
|ICICI Bank Share Price Target 2021||Rs. 520||Rs. 720|
|ICICI Bank Share Price Target 2022||Rs. 790||Rs. 890|
|ICICI Bank Share Price Target 2023||Rs. 1000||Rs. 1050|
|ICICI Bank Share Price Target 2024||Rs. 1100||Rs. 1200|
|ICICI Bank Share Price Target 2025||Rs. 1450||Rs. 1550|
|ICICI Bank Share Price Target 2026||Rs. 1600||Rs. 1850|
|ICICI Bank Share Price Target 2030||Rs. 3500||Rs. 3600|
ICICI Bank has a strong brand name and over 20 years of experience in the field, you can see its financial fundamentals are also very strong. There is a bright opportunity in the Indian Banking sector in the future, along with this the advanced technical chart shows a very strong positive signal on ICICI Bank Share price, definitely, you can look into this company for long-term investment.
The target values mentioned here are only for reference purposes only, the actual values may vary as per the current market conditions. If you like this article ICICI Bank Share Price Target 2023, 2024, 2025, 2026, and 2030 share it with your friends.
In this article, we have evaluated this company but we are not SEBI-registered advisors so if you are thinking of investing in this company please do your own research or consult a financial advisor
Is ICICI Bank good for long-term investment?
ICICI Remains is the top stock pic in the banking space and top management stability or strong capital provision buffers
ICICI bank is debt-free?
ICICI Bank Operated at a median total debt of 28.355 billion from fiscal years ending March 2019 to 2022
Which Bank Share is Best for long-term investment?
Axis Bank Ltd, Kotak Mahindra Bank Ltd, HDFC Bank Ltd,
ICICI Bank share price target 2027 to 2030
ICICI Bank Share Price Is 2030 will be expected price is Rs. 3500 and maybe second is 3600