State Bank Of India (SBI) Share Price Target 2022, 2025, 2030, 2050
SBI Share Price Target 2022, 2025, 2030,2050
SBI Share Price Target for the years 2022, 2025, and 2030. State Bank of India (SBI) is one of the largest banks in India with a strong presence in retail as well as corporate banking. The stock is currently trading at Rs. 309 on the BSE, up 1% from its previous close. The stock hit a 52-week high of Rs. 424 on February 16, 2021, and a 52-week low of Rs. 159 on March 23, 2020. For the quarter that ended December 31, 2020, SBI reported a consolidated net profit of Rs 4,987 crore, up 75% from Rs 2,851 crore in the year-ago period. Net interest income (NII) during the quarter rose 14% to Rs 22,715 crore from Rs 19,937 crore in the corresponding quarter of the last fiscal.
State Bank Of India Company Details
State Bank of India (SBI) is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra. As of March 2020, it had assets of ₹37 trillion (US$510 billion) and more than 420,000 employees.
SBI provides a range of banking products and services including credit cards, corporate and personal loans, home loans, insurance, investment products, wealth management services, and more.
The bank has over 22,000 branches in India and 191 foreign offices in 36 countries as of March 2020. SBI has been ranked 232nd in the Fortune Global 500 list of the world’s biggest corporations of 2019.
State Bank Of India’s share price ended the day down by 2.2% on Wednesday, underperforming the Sensex which was up 0.3%. The stock had hit a 52-week high of Rs. 334 earlier in the day but pared gains to close at Rs. 327.
The weak performance came despite the bank reporting robust numbers for the quarter that ended on December 31, 2016. Net profit for the quarter rose by 37% year-on-year to Rs. 3,879 crores while net interest income grew by 20% to Rs. 11,976 crores.
Asset quality also improved with gross non-performing assets (NPA) falling from 5.73% in September 2016 to 5.61% in December 2016 and net NPA declining from 2.96% to 2.84%.
Provisions for bad loans fell sharply by 60% year-on-year to Rs. 1,506 crores during the quarter as compared to Rs 3,785 crore in the corresponding quarter last fiscal.
The strong performance was driven by higher interest income and lower provisions for bad loans. However, investors were disappointed with the slower growth in advances and deposit growth which came in at 10% and 9%, respectively.
1. Goldman Sachs has a buy rating on State Bank of India with a price target of Rs 440 per share. The research firm believes SBI is well-positioned to capitalize on the growth in the Indian economy.
2. CLSA has upgraded State Bank of India to buy from outperform and raised its price target to Rs 410 per share from Rs 375 earlier. The research firm believes SBI is better placed than its peers to benefit from the recovery in the Indian economy.
3. Morgan Stanley has an overweight rating on State Bank of India with a price target of Rs 430 per share. The research firm believes SBI is well-positioned to take advantage of the improving operating environment in India.
SBI Share Price Between 2000 to 2015
SBI Share Price Between 2000 to 2015
In the year 2000, the SBI share price was Rs.500. In the year 2010, it had risen to Rs.200. And in the year 2015, it stood at Rs.550. This means that the SBI share price has grown at a compound annual growth rate (CAGR) of 16%.
Assuming that the SBI share price will continue to grow at a CAGR of 16%, we can expect the stock price to reach Rs.8,000 by the year 2020. This would give a return of 60% over a period of 5 years.
SBI Share Price Target for 2022
The SBI share price target for 2022 is set at Rs. 600.
This target has been set by taking into account the recent trend of the stock price and the current market conditions. The stock has been on an uptrend in the last few months and is currently trading at Rs. 560.
The current market conditions are favorable for the stock and we expect the price to continue to rise in the next few months. We recommend buying the stock at its current price and holding it for the long term.
SBI Share Price Target for 2025
State Bank of India (SBI) is one of the largest banks in India with over 500 million customers. The bank has a strong presence in both retail and corporate banking and offers a wide range of products and services.
The SBI share price target for 2025 is Rs. 3,000, which would give the bank a market capitalization of Rs. 8 trillion. The stock is currently trading at Rs. 2,500, which means it has the potential to generate returns of up to 20% over the next five years.
Investors are bullish on SBI shares due to the bank’s strong fundamentals and growth prospects. The company is well-positioned to benefit from the growing demand for banking services in India, as well as from the government’s initiatives to promote financial inclusion.
The SBI share price target for 2025 is based on the expectation that the bank will continue to perform well and deliver strong earnings growth. In addition, the shares are attractively valued at current levels, making them an attractive investment proposition for long-term investors.
SBI Share Price Target for 2030
SBI share price target for 2030 – Rs. 3,000
The current SBI share price is Rs. 2,267.50.
The SBI share price target for 2030 is Rs. 3,000, an increase of 33%.
This target is based on the expected growth in earnings per share (EPS) and the dividend payout ratio.
The EPS is expected to grow at a compound annual growth rate (CAGR) of 10% over the next 10 years and the dividend payout ratio is expected to remain at 30%.
Based on these assumptions, the target price works out to be Rs. 3,000.
SBI Share Price Target for 2050
Assuming an annual compounded growth rate of 12%, the SBI share price target for 2050 is Rs. 2,32,500.
This implies a market capitalization of Rs. 48,50,000 crore (US$ 6.75 trillion) at that time.
SBI is currently the largest bank in India with a market capitalization of Rs. 3,24,191 crore (US$ 45 billion).
SBI Share Price Dividend & Bonus History
State Bank of India (SBI) has a long and rich dividend history. The bank has been paying dividends since its inception in 1806. SBI’s dividend payout ratio has ranged from 10% to 50% over the years. The bank has declared special dividends on several occasions, including during the global financial crisis of 2008-09.
SBI’s shares have also split into several occasions, most recently in 2000. A share split results in a corresponding increase in the number of shares outstanding and is usually accompanied by a corresponding increase in the share price. SBI last declared a bonus issue in 1992.
State bank Of India Share For Long-Term Investment
State Bank Of India (SBI) is one of the oldest and largest banks in India. The government-owned bank has a strong presence in both rural and urban areas across the country. SBI’s shares are listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
The bank’s share price has been volatile over the past year, but it has generally trended downwards. Despite this, we believe SBI is a good long-term investment. Here’s why:
1. Strong fundamentals: SBI is a well-run bank with strong fundamentals. It has a large customer base, a diversified loan portfolio, and healthy profit margins.
2. Attractive valuation: SBI’s shares are currently trading at around Rs 275, which is close to its 52-week low of Rs 265. This makes it attractively priced from a long-term perspective.
3. Dividend yield: SBI pays regular dividends, which currently offer a yield of around 4%. This is higher than the average dividend yield for Indian banks, making SBI an attractive option for income investors.