CANBK operates in the banking-regional industry and is a part of the Financial Services sector. The National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) both list the company. We will examine the CANBK share price goals for 2024, 2025, 2026, and 2030 in this in-depth essay. We will employ various technical analysis techniques to predict objectives through 2030 for long-term forecasts.
We will employ a machine learning approach, where the forecasted data is trained on the historical performance, to anticipate the price of CANBK through the year 2030. Over the years, Canara Bank Ltd., a prominent player in the Indian share market, has demonstrated a variety of tendencies. This section covers the current market position of CANBK, its growth trajectory, and potential external market influences on its price performance until 2030.
CANBK Share Price Target 2024
CANARA Bank Share Price Target – In 2023, the majority of Indian equities, including CANBK, saw an amazing bull run. The market’s optimistic outlook is expected to persist in the first quarter of 2024, despite the first months of consolidation. Technical analysis indicates that the minimum share price objective for CANBK in 2024 is anticipated to be ₹315.15, while the highest price target is anticipated to be ₹708.73.
| Month | Target |
|---|---|
| April 2024 target for CANBK | ₹315.15 |
| May 2024 target for CANBK | ₹364.35 |
| June 2024 target for CANBK | ₹413.55 |
| July 2024 target for CANBK | ₹462.74 |
| August 2024 target for CANBK | ₹511.94 |
| September 2024 target for CANBK | ₹561.14 |
| October 2024 target for CANBK | ₹610.34 |
| November 2024 target for CANBK | ₹659.53 |
| December 2024 target for CANBK | ₹708.73 |
CANBK Share Price Target 2025
By January 2025, it is anticipated that the share price of CANBK will be worth Rs. 723. If the industry trend and macro- and microeconomic factors continue to be supportive, the target price of Canara Bank Ltd. might rise to Rs. 811 by December 2025.
| Month | Target |
|---|---|
| January 2025 target for CANBK | ₹723 |
| February 2025 target for CANBK | ₹737 |
| March 2025 target for CANBK | ₹752 |
| April 2025 target for CANBK | ₹727 |
| May 2025 target for CANBK | ₹703 |
| June 2025 target for CANBK | ₹680 |
| July 2025 target for CANBK | ₹707 |
| August 2025 target for CANBK | ₹735 |
| September 2025 target for CANBK | ₹764 |
| October 2025 target for CANBK | ₹779 |
| November 2025 target for CANBK | ₹795 |
| December 2025 target for CANBK | ₹811 |
CANBK Share Price Target 2026
Technical analysis indicates that the lowest share price objective for CANBK is anticipated to reach Rs. 827, while the most value that the company’s shares can achieve is Rs. 927.
| Month | Target |
|---|---|
| January 2026 target for CANBK | ₹827 |
| February 2026 target for CANBK | ₹844 |
| March 2026 target for CANBK | ₹861 |
| April 2026 target for CANBK | ₹832 |
| May 2026 target for CANBK | ₹804 |
| June 2026 target for CANBK | ₹777 |
| July 2026 target for CANBK | ₹808 |
| August 2026 target for CANBK | ₹840 |
| September 2026 target for CANBK | ₹874 |
| October 2026 target for CANBK | ₹891 |
| November 2026 target for CANBK | ₹909 |
| December 2026 target for CANBK | ₹927 |
CANBK Share Price Target 2027
Canara Bank Ltd. (CANBK) is expected to trade between ₹946 and ₹888 in the first half of 2027, according to Fibonacci forecasts. The share price of CANBK might hit ₹1060 by the second half of 2027, the highest possible amount.
| Month | Target |
|---|---|
| January 2027 target for CANBK | ₹946 |
| February 2027 target for CANBK | ₹965 |
| March 2027 target for CANBK | ₹984 |
| April 2027 target for CANBK | ₹951 |
| May 2027 target for CANBK | ₹919 |
| June 2027 target for CANBK | ₹888 |
| July 2027 target for CANBK | ₹924 |
| August 2027 target for CANBK | ₹961 |
| September 2027 target for CANBK | ₹999 |
| October 2027 target for CANBK | ₹1019 |
| November 2027 target for CANBK | ₹1039 |
| December 2027 target for CANBK | ₹1060 |
CANBK Share Price Target 2028
| Month | Target |
|---|---|
| January 2028 target for CANBK | ₹1081 |
| February 2028 target for CANBK | ₹1103 |
| March 2028 target for CANBK | ₹1125 |
| April 2028 target for CANBK | ₹1088 |
| May 2028 target for CANBK | ₹1052 |
| June 2028 target for CANBK | ₹1017 |
| July 2028 target for CANBK | ₹1058 |
| August 2028 target for CANBK | ₹1100 |
| September 2028 target for CANBK | ₹1144 |
| October 2028 target for CANBK | ₹1167 |
| November 2028 target for CANBK | ₹1190 |
| December 2028 target for CANBK | ₹1214 |
CANBK Share Price Target 2029
| Month | Target |
|---|---|
| January 2029 target for CANBK | ₹1238 |
| February 2029 target for CANBK | ₹1263 |
| March 2029 target for CANBK | ₹1288 |
| April 2029 target for CANBK | ₹1245 |
| May 2029 target for CANBK | ₹1204 |
| June 2029 target for CANBK | ₹1164 |
| July 2029 target for CANBK | ₹1211 |
| August 2029 target for CANBK | ₹1259 |
| September 2029 target for CANBK | ₹1309 |
| October 2029 target for CANBK | ₹1335 |
| November 2029 target for CANBK | ₹1362 |
| December 2029 target for CANBK | ₹1389 |
CANBK Share Price Target 2030
| Month | Target |
|---|---|
| January 2030 target for CANBK | ₹1417 |
| February 2030 target for CANBK | ₹1445 |
| March 2030 target for CANBK | ₹1474 |
| April 2030 target for CANBK | ₹1425 |
| May 2030 target for CANBK | ₹1378 |
| June 2030 target for CANBK | ₹1332 |
| July 2030 target for CANBK | ₹1385 |
| August 2030 target for CANBK | ₹1440 |
| September 2030 target for CANBK | ₹1498 |
| October 2030 target for CANBK | ₹1528 |
| November 2030 target for CANBK | ₹1559 |
| December 2030 target for CANBK | ₹1590 |
Conclusion
In brief, the CANBK share price target for 2024, 2025, 2026, and 2030 has been offered, taking into account the latest market data and algorithms. For the upcoming years, these goals represent possible levels of support and resistance.