SBI Share Price Target 2023, 2024, 2025, 2026, 2027, 2030, 2040, 2050: SBI Bank is the largest public sector bank in India, and investors are expecting strong gains from the bank’s growth.
Analysts have set an optimistic target for SBI’s share price, believing that its potential in the shifting Indian economy will be instrumental to achieving rapid growth. Thus, it is expected that SBI shares will gain value over time as the bank’s performance exceeds expectations.
SBI Share Price Targets for 2023, 2024, 2025, 2027, 2030, 2040, and 2050 are covered in this article. To understand the targets better, you must read the entire article consisting of a brief introduction to SBI. Let’s begin with the basic facts regarding the State Bank of India (SBI).
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Table of Contents
State Bank of India (SBI) Overview
State Bank of India (SBI) is an Indian multinational banking and financial services company established on the 1st of July 1955. It was born from the nationalization of The Imperial Bank of India by the Government of India.
RBI holds a 60% stake in the State Bank while the remaining 40% stake is with SBI itself. SBI stands among the 43 largest banks in the world with its headquarters located in Mumbai, Maharashtra.
Shri Dinesh Kumar Khara currently serves as Chairman of the State Bank of India.
Analyzing the Business Model of the State Bank of India
SBI, short for State Bank of India, is a multinational financial bank that provides customers with a wide range of financial services. Aside from banking, SBI and its subsidiaries offer mutual funds, insurance products, merchant banking and pension plans, trading facilities, and even credit card facilities.
The bank mainly operates in four business areas:
- Treasury Corporate
- Wholesale Banking
- Retail Banking
- Other Banking Business
The Treasury segment of SBI comprises of investment portfolio and trading in foreign exchange contracts and derivative contracts. SBI also offers NRI banking to its customers.
Services
- Personal Internet Banking
- Corporate Internet Banking
- Merchant Acquiring Business – POS
- Online Tax / Payment / Receipt / Challan printing
State Bank of India (SBI) is one of the largest banks in India with a wide network of 22,219 branches and 62,617 ATMs across the country. It also has 229 international branches in 31 countries around the world.
SBI Revenue Distribution by Sectors
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SBI Shares Overview
The quote for State Bank of India (SBIN) is currently valued at 572.900 INR as of August 9, 2023. Our forecasts indicate a long-term increase in the stock price, with a projected SBIN price prognosis of 1219.401 INR by July 31, 2028. If you choose to invest for a period of 5 years, you could potentially see revenue growth of approximately +111.45%. This means that your initial $100 investment may potentially grow to $211.45 by 2028.
| Company | State Bank of India |
|---|---|
| Ticker Symbol | NSE: SBIN |
| Founded in | 1 July, 1955 |
| Headquarters | Mumbai, Maharashtra, India |
| Chairperson | Dinesh Kumar Khara |
| Sector | Finance |
| Industry | Regional Bank |
| Revenue | 4.783 trillion INR |
| Market Capitalization | ₹ 5.113 trillion INR |
| Primary Exchange | NSE, BSE |
| Official Website | https://www.onlinesbi.sbi/ https://sbi.co.in/ |
| Customer service | 1800 1234 |
SBI Share Price Today Live Chart
State Bank of India (SBIN) Share Price Target/Prediction/Forecast
SBI share price target for the years 2023, 2024, 2025, 2026, 2027, 2030, 2040, and 2050 is available for investors to refer to. Technical analysis and Trading View charts are utilized in order to estimate or speculate the price of State Bank of India shares over the next decade. Experts and other reliable sources are consulted when making these forecasts.
| YEAR | MINIMUM TARGET PRICE (IN RUPEES) | MAXIMUM TARGET PRICE (IN RUPEES) |
|---|---|---|
| 2023 | ₹ 616.281 | ₹ 653.769 |
| 2024 | ₹ 734.183 | ₹ 768.405 |
| 2025 | ₹ 864.649 | ₹ 904.676 |
| 2026 | ₹ 995.412 | ₹ 1035.445 |
| 2027 | ₹ 1125.524 | ₹ 1153.665 |
| 2028 | ₹ 1255.636 | ₹ 1284.227 |
| 2029 | ₹ 1386.122 | ₹ 1412.786 |
| 2030 | ₹ 1516.686 | ₹ 1543.242 |
| 2035 | ₹ 2167.296 | ₹ 2289.517 |
| 2040 | ₹ 2818.031 | ₹ 2859.517 |
| 2045 | ₹ 3468.746 | ₹ 3508.282 |
| 2050 | ₹ 4119.361 | ₹ 4188.272 |
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State Bank of India Share Price Target 2023
In the past four years, the State Bank of India (SBI) has seen a significant increase in its market share for loans. SBI’s market share has grown by 90 basis points to reach 23%, outstripping other major Public Sector Undertaking (PSU) banks. Additionally, growth in retail debt utilization levels has also improved by around 860 basis points, up to 31%.
SBI share prices have a minimum value of ₹616.281 and a maximum value of ₹653.769. According to analysts, the SBI share price is forecast to reach ₹634.525 by 2023.
| YEAR | State Bank of India Share Price Target |
| 2023 | ₹616.281 to ₹653.769 |
SBI Share Price Target 2024
The minimum Share Price will be ₹734.183 and the maximum share price will be ₹768.405. SBI Share price target will be ₹768.405 for the year 2024.
| YEAR | State Bank of India Share Price Target |
| 2024 | ₹734.183 to ₹768.405 |
SBI Share Price Target 2025
SBI has always kept its focus on retail banking as a primary source of growth. This emphasis on the retail sector has led to successful digital initiatives, helping them maintain a strong hold on the market.
The bank offers various digital services for customers that span across different channels, contributing to their sustained popularity. SBI shares are a great investment opportunity for gaining returns from this trusted and well-established financial institution.
The State Bank of India Minimum Share Price will be ₹864.649 and the maximum share price will be ₹904.676. SBI Share price target will be ₹904.676 for the year 2025.
| YEAR | State Bank of India Share Price Target |
| 2025 | ₹864.649 to ₹904.676 |
State Bank of India [SBI] Share Price Target 2026
The minimum Share Price will be ₹995.412 and the maximum share price will be ₹1035.445. SBI Share price target will be ₹1035.445 for the year 2026.
| YEAR | State Bank of India Share Price Target |
| 2026 | ₹995.412 to ₹1035.445 |
State Bank of India [SBI] Share Price Target 2027
The minimum Share Price will be ₹1125.524 and the maximum share price will be ₹1153.665. SBI Share price target will be ₹1153.665 for the year 2027.
| YEAR | State Bank of India Share Price Target |
| 2027 | ₹1125.524 to ₹1153.665 |
State Bank of India [SBI] Share Price Target 2028
The minimum Share Price will be ₹1255.636 and the maximum share price will be ₹1284.227. SBI Share price target will be ₹1284.227 for the year 2028.
| YEAR | State Bank of India Share Price Target |
| 2028 | ₹1255.636 to ₹1284.227 |
State Bank of India [SBI] Share Price Target 2029
The minimum Share Price will be ₹1386.122 and the maximum share price will be ₹1412.786. SBI Share price target will be ₹1412.786 for the year 2029.
| YEAR | State Bank of India Share Price Target |
| 2029 | ₹1386.122 to ₹1412.786 |
State Bank of India [SBI] Share Price Target 2030
The minimum Share Price will be ₹1516.686 and the maximum share price will be ₹1543.242. SBI Share price target will be ₹1543.242 for the year 2030.
| YEAR | State Bank of India Share Price Target |
| 2030 | ₹1516.686 to ₹1543.242 |
State Bank of India [SBI] Share Price Target 2035
The minimum Share Price will be ₹2167.296 and the maximum share price will be ₹2289.517. SBI Share price forecast will be ₹2228.406 for the year 2035.
| YEAR | State Bank of India Share Price Target |
| 2035 | ₹2167.296 to ₹2289.517 |
State Bank of India [SBI] Share Price Target 2040
The minimum Share Price will be ₹2818.031 and the maximum share price will be ₹2859.517. SBI Share price forecast will be ₹2859.517 for the year 2040.
| YEAR | State Bank of India Share Price Target |
| 2040 | ₹2818.031 to ₹2859.517 |
State Bank of India [SBI] Share Price Target 2045
The minimum Share Price will be ₹3468.746 and the maximum share price will be ₹3508.282. SBI Share price target will be ₹3508.282 for the year 2045.
| YEAR | State Bank of India Share Price Target |
| 2045 | ₹3468.746 to ₹3508.282 |
State Bank of India [SBI] Share Price Target 2050
The minimum Share Price will be ₹4119.361 and the maximum share price will be ₹4188.272. SBI Share price target will be ₹4188.272 for the year 2050.
| YEAR | State Bank of India Share Price Target |
| 2050 | ₹4119.361 to ₹4188.272 |
Some Frequently Asked Questions
Can I invest in SBI shares?
Yes, you can invest in SBI shares. SBI, or State Bank of India, is a publicly-traded company listed on the stock exchange. As an investor, you can purchase SBI shares through a stockbroker or an online trading platform.
Is SBI a good buy for the long term?
SBI (State Bank of India) is considered to be a good buy for the long term by many investors. It is one of the largest and most trusted banks in India, with a strong presence in the market. SBI has a wide range of products and services, catering to both retail and corporate customers. Over the years, the bank has shown resilience and adaptability to changing market conditions.
SBI’s financial performance has been commendable, with consistent growth in its net profit and a strong balance sheet. The bank has also taken steps to improve its asset quality, which has resulted in a lower non-performing asset ratio. Additionally, SBI has a robust branch network, which provides it with a competitive advantage in reaching out to customers.
Moreover, SBI has shown its commitment to digital transformation by investing in technology and innovative solutions. This has helped the bank enhance its customer experience and expand its reach beyond traditional branches.
SBI Share Price Target FAQ
Is SBI in profit or loss?
As of the most recent financial statements available, the State Bank of India (SBI) has reported a profit.
Does SBI give bonus shares?
Yes, SBI (State Bank of India) has issued bonus shares in the past. However, it has not announced any bonus since Jan 1, 2000.
Has SBI split the share?
State Bank of India has undergone a single face value split since November 20, 2014. The most recent split occurred in 2016 when the face value of its shares was reduced from Rs 10 to Rs 1.
Conclusion
In this post, we discussed the State Bank of India [SBI] share price target for 2023, 2024, 2025, 2026, 2027, 2030, 2040, and 2050, as well as the SBI quarterly and annual results. I believe these terms will be very useful to you as you consider investing in SBI Bank. If you have any questions about these terms, please leave a comment. If you found this post useful, please share it with your friends.
Disclaimer: These price targets of “State Bank of India” only for reference purpose only, this prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition is not covered in this analysis.
