Federal Bank: Do you wanna know about this stocks and Federal Bank Share Price Target, then you are in right place.
Hey Friends, In this article we will talk about Federal Bank Share and its target. Along with this we will know it’s financial trends, fundamentals and we will try to understand it’s business model. So like every time, this article is also going to be very valuable, so read it carefully.
As we know, Federal Bank Limited is a banking sector company Which can give us very good returns in future. As it is a banking sector company, it is good in itself as the banking sector will boom in the coming years. So let’s talk about its share price target but before that we will know a little about its financials and its business.
In short, the maximum share price target of Federal Bank for the year 2023, 2024, 2025, 2026 and 2030 will be ₹160, ₹220, ₹290, 370 and ₹1400 respectively. This is all the predicted price, its share price target can be more or less than what has been told. For more information read this full article.
About Federal Bank
Federal Bank was incorporated in the year 23 april 1931 in India. This is India’s Leading private banking sector company and this company does the business and give the services of Wholesale Banking, Retail Banking, Finance and Insurance, Wealth management, Mortgage loans, Investment banking, Credit cards and Debit cards. Federal Bank is one of the most trusted private banks in India with a network of 1,336 branches spread across various states in India.
Federal Bank is collaborating with new age fintech startups to open credit cards and zero balance accounts for free, which is a huge advantage for them. The revenue, profit and net worth of this bank is increasing every year and will also increase in the future.
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Federal Bank Financial Trends
If we talk about the Revenue and Profit of Federal Bank Company then –
Its revenue in 2019 has been ₹ 12,971 Cr and profit is ₹ 1,316 Cr. There was a revenue of ₹ 15,472 Cr in 2020 and a profit of ₹ 1,580 Cr. In the same 2021, there was a profit of ₹ 1664 crore with a revenue of ₹ 16,272 Cr. And this year i.e. in 2022 there has been a tremendous profit of ₹ 1,970 Cr with a revenue of ₹ 16,502 Cr.
For more details about the stock, watch this video –
Federal Bank Share Price Target 2023, 2024, 2025, 2026, 2030 Table
|Year||Federal Bank Share Price Target|
|2023||₹145 – ₹160|
|2024||₹205 – ₹220|
|2025||₹278 – ₹290|
|2026||₹350 – ₹370|
|2027||₹485 – ₹500|
|2028||₹605 – ₹650|
|2029||₹780 – ₹840|
|2030||₹1100 – ₹1400|
Federal Bank Share Price Target 2023
Federal Bank’s CASA Ratio is increasing continuously as well as improving NPA, due to which the bank is seen to be earning good profit from interest. Looking at increasing growth of the Federal bank, big investors of the country are predicted that Federal Bank Share Price Target 2023, can be INR 145 and if this company hits this target then we can get to see second target of INR 160.
Federal Bank Share Price Target 2024
At present, around 1,336 branches can be seen all over the country, where more than 47 percent branches are present only in the state of Kerala. But the management seems to be paying a lot of attention to expanding its branch network across the country. Through which the bank will able to earn lots of profit. So by this, if we try to predict Federal Bank Share Price Target 2024, then first target can be INR 205 and second target will be INR 220.
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Federal Bank Share Price Target 2025
The fundamentals of this bank are very strong and its financials are also increasing every year. Due to which this stock is coming out very well. If we talk about Federal Bank share price target 2025, then we can see the first target of INR 278. And if this company hits this target due to its trend, then we can see another target of INR 290.
Federal Bank Share Price Target 2030
The bank is giving loans digitally to its customers, due to which its customer base is increasing. Along with this, the bank is paying a lot of attention to increase the gold loan as well. As Federal Bank is increasing its focus on retail loans instead of its corporate loans, due to this the risk of increase in NPA in the bank will also decreasing.
Federal Bank is rapidly adopting digital medium to grow its business rapidly, due to which the ability to connect with customers online in the bank is increasing rapidly. This bank has around 1 crore customers, out of which 10 lakh customers are NRIs. Talking about the Federal Bank Share Price Target 2030, first target can be INR 1,100 and second target can be INR 1,400.
If you want nvest in the share market without any knowledge or just by looking at the share price target then do not do this. It is not possible to predict the stock market, so looking at any such target, you cannot find out the potential of any stock. There are many reasons behind the rise and fall of shares, so invest with proper knowledge.
I hope you would have enjoyed reading Federal Bank Share Price Target 2023, 2024, 2025, 2026, 2030 and also got to know something. If possible, share this article as much as possible.
Q: Who is the owner of Federal Bank?
Ans: Malik Tejani is the owner of Metro Brands
Q: Is Federal Bank can become multibagger in future?
Ans: Frankly speaking, no one can tell which stock can become a multibagger. But yes the share of Federal Bank can perform well in future because its fundamentals plus technical are almost right.
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