SBI (State Bank Of India) is one of the biggest private sector banks in India. So, we can see the analysis of SBI Share price target prices for upcoming years as per its key valuations. Evaluation of stocks will give us more insight into their future performances.
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Also, we can see an in-depth analysis of SBI’s business and financial fundamentals as well as its future growth forecast. This analysis will help us to understand whether investing in SBI shares will be worth it or not. Let’s see SBI Share Price Targets for 2023, 2024, 2025, 2026, and 2030.
SBI Share Price Target 2023, 2024, 2025, 2026, and 2030
State Bank Of India is an Indian multinational private sector Bank which is headquartered in Mumbai, Maharashtra. SBI is the world,s 49th biggest Private Sector Bank. It has a wide range of products in banking and financial services. Let’s SBI Bank overview.
| Name | SBI (State Bank Of India) |
| Traded On | BSE-500112 NSE-SBIN |
| Founded | 1955 |
| Industry | Banking & Financial Services |
| Market Cap | Rs.5,19,055 Cr |
| Website | bank. sbi |
SBI Share Price Target 2023
State Bank Of India SBI was incorporated in 1993, and the company was listed on the Bombay Stock Exchange and the National Stock Exchange. SBI’s share price today is Rs.584.10 on (24-5-23), and you can check the CMP (Current Market Price) by clicking the Link.
SBI provides various banking services and a wide range of financial products to customers. Also, the company has a significant market share in domestic loans and deposits by 25%.
SBI Share Price Target 2023: SBI has a great record with a strong presence in the Indian banking segment. Also, the company has a wide range of financial products to cover all segments of customers. So, you can expect the share price target of SBI by 2023 to be Rs.620 and the second target price is Rs.650
| SBI Share First Target Price 2023 | Rs.620 |
| SBI Share Second Target Price 2023 | Rs.650 |
SBI Share Price Target 2024
SBI shares outperformed last year which exceed the Indian market returns of 9.7% over the years. And the company’s P/E ratio is 9.3 which is a fair valuation as compared to its Sector P/E value.
The company posted YoY growth of 16.96% which is higher than its last 5 years CAGR average of 7.97%. And its annual revenue growth surpassed its last 3-year CAGR value of 8.66%.
SBI Share Price Target 2024: SBI has more than 24,000 branches in India. Right now SBI shares are in a Bullish trend and its future performance is looking strong, So you can see good growth in the upcoming days. The target price of SBI Share by 2024 is expected between Rs. 750 to Rs. 780.
| SBI Share First Target Price 2024 | Rs.750 |
| SBI Share Second Target Price 2024 | Rs.780 |
SBI Share Price Target 2025
SBI has an experienced management team that helps to improve the company’s growth over the period of time. The company has a domestic and international market presence, as well as SBI has an office in over 36 countries around the globe.
The company has an operating income of Rs. 4,73,378.14 Cr with annual revenue growth of 16% which is excellent. And the Indian Banking Industry growth is 34.7% but SBI revenue growth is 51.2% annually.
SBI Share Price Target 2025: SBI shows a great track record in the last 5 years and its earnings growth is higher than the sector’s annual growth. As per the technical analysis, the Share Price Target Of SBI shares by 2025 is Rs.900 and the second target price is Rs. 950.
| SBI Share First Target Price 2025 | Rs.900 |
| SBI Share Second Target Price 2025 | Rs.950 |
SBI Share Price Target 2026
SBI has a wide range of banking services like international banking, NRI services, personal banking, agriculture, rural, small, and medium-sized enterprises, corporate banking, and domestic financing. And SBI is the largest private banking sector that holds 23% of shares by assets.
Also, it has various collaborations and partnerships with pension funds, general insurance, depositary services wholesale, and retail banking services.
SBI Share Price Target 2026: SBI has a significant presence in rural and urban areas in India, also the company has a wide range of products and services which helps to stable growth. And the Indian Banking sector is $129 lakhs Cr till Nov 22, and it’s expected to grow up to $250 lakhs Cr in the next 5 years.
| SBI Share First Target Price 2026 | Rs. 1070 |
| SBI Share Second Target Price 2026 | Rs.1100 |
SBI Share Price Target 2030
SBI’s assets ratio is 16% which is fair, and SBIN has an appropriate level of Loans to Assets ratio which is 55%. SBI’s Earnings Per Share in the last 3 years is 34% increased annually but SBI’s share price increased by 56% annually.
India is moving towards on $ 5 trillion economy in the next 5 years. So, there will be a huge opportunity in the banking sector in the future.
SBI Share Price Target 2030: The company has the highest market cap with a strong business presence in the Indian banking industry. Also, it has stable financial aspects with good dividend-payer stocks. So, you can see the target price of SBI shares by 2030 is expected between Rs. 1800-2000.
| SBI Share First Target Price 2026 | Rs.1800 |
| SBI Share Second Target Price 2026 | Rs.2000 |
SBI Share Price Target 2023, 2024, 2025, 2026, and 2030
| SBI Share First Target Price 2023 | Rs.620 |
| SBI Share Second Target Price 2023 | Rs.650 |
| SBI Share First Target Price 2024 | Rs.750 |
| SBI Share Second Target Price 2024 | Rs.780 |
| SBI Share First Target Price 2025 | Rs.900 |
| SBI Share Second Target Price 2025 | Rs.950 |
| SBI Share First Target Price 2026 | Rs.1070 |
| SBI Share Second Target Price 2026 | Rs.1100 |
| SBI Share First Target Price 2030 | Rs.1800 |
| SBI Share Second Target Price 2030 | Rs.2000 |
SBI Bank Financial Key Valuation
- SBI has a total Market Valuation Of Rs. 5,20,037 Cr.
- The company’s P/E ratio is 9.35 which is a fair valuation as compared to its sector P/E ratio of 12.5%
- Return On Equity ROE is 14%
- Earnings Per Share is 56.3%
SBI Bank Business Overview
State Bank Of India SBI is an Indian Private Sector Bank that deals with banking and financial products. The company has more than 24,000 branches and 63,000 ATMs. And it has branches in 31 countries with 229 branches. Also, it has subsidiary companies that do business in non-banking segments like SBI Mutual Funds, SBI Life Insurance, and SBI Capital Market.
Products Of SBI
- Retail banking
- Investment banking
- Corporate Banking
- Private Baking
- Finance & Insurance
- Foreign Currencies agreements
- Credit cards
Competitors Of SBI
- HDFC Bank
- Axis Bank
- ICICI Bank
- Andhra Bank
- Bank Of Baroda
- Allahabad Bank
SBI Bank Strength
- SBI Share trading at good value as compared to its peer and industry
- Asset To Equity ratio is 16%
- ROE is 14%
- SBI has the highest market share in the Indian private banking segment
- It has domestic and international financial services.
- Wide range of products in banking and financial services.
SBI Bank Weakness
- SBI has a larger number of employees which needs to larger amount of salary
- The company has to pay large sums of the amount to its leased houses
- The company still using the traditional banking service instead of modernization.
- SBI has a high level of Non-cash earnings
Future Of SBI
State Bank Of India had over 200 years of experience in the Banking segment, also the company has strong business and financial ratios. As per the technical analysis of SBI’s business overview and its financial health you can see a multi-bagger form SBI shares in long-term investment.
Conclusion
SBI can be a multi-bagger in the long-term investment. As per the fundamental analysis, the company is looking solid and able to give good returns in the upcoming days.
The target values mentioned here are only for reference purposes, the actual values may differ as per the current market conditions. So before investing make sure to analyze current market conditions and seek advice with your financial advisor.
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SBI Share Price Target FAQ
What is the Share Price Target Of SBI by 2025?
As per the technical analysis, the target price of SBI shares is expected between is Rs. 900-950.
What is the Share Price Target Of SBI by 2030?
You can expect the Target price of SBI shares by 2030 to be Rs.1800 and the second target price is Rs. 2000.
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