In this article, you will read about HDFC Bank Share Price Target prediction for this year’s end and the upcoming years 2024, 2025, 2027, 2030, 2040, and 2050.
By the end of this article, you may get an idea about Ashnisha Industries, and the expected share price target. We will do the analysis and predict whether the stock is best for long-term investment or not.
HDFC Bank Overview:
HDFC Bank also known as Housing Development Finance Corporation is a private sector bank in India founded in August 1994. Also world’s fifth largest bank by market capitalization as of August 2023. Its headquarters are located in Mumbai, Maharashtra, India. HDFC Bank has more than 5,000 branches and 13,000 ATMs across India. HDFC Bank provides wide range of services including Retail banking, corporate banking, treasury, and forex.
| Name | HDFC Bank |
| Symbol | HDFCBank |
| Industry | Banking and Financial Services |
| Type | Public |
| Founded | August 1994 |
| CEO | Sashidhar Jagdishan |
| Headquarters | Mumbai, Maharashtra, India |
| Services | Retail banking, corporate banking, treasury, and forex |
| Country | India |
| Locations | Over 5,000 branches 13,000 ATMs across India |
| Website | hdfcbank.com |
| Profile | HDFC_Bank |
Fundamentals of HDFC Bank:
The market cap of HDFC Bank is 11.63T. The number of shares outstanding is 7.59B and the Enterprise value is ₹17,466,321,272,832.00. From the table below, you can get to know about the Price of the earnings Ratio (P/E), Price to sale (P/S), Price to book (P/B), and many more like Dividend yield.
| Market cap | 11.63T |
| Enterprise value | ₹17,466,321,272,832.00 |
| Shares outstanding | 7.59B |
| P/E ratio | 17.27 |
| Forward P/E ratio | 15.90 |
| Price / Book | 2.76 |
| Book value | ₹554.20 |
| Payout ratio | 17.48% |
| Quick ratio | – |
| Current ratio | – |
| Debt / Equity | – |
| Price / Sales | 7.43 |
| Earnings per share | ₹88.71 |
| Revenue per share | ₹257.56 |
| Total cash per share | ₹258.14 |
| Forward annual dividend rate | ₹19.00 |
| Ex-Dividend date | May 16, 2023 |
| Forward annual dividend yield | 1.24% |
| Five Year Avg Dividend Yield | 0.67 |
| Total cash | 1.95T |
| Total debt | 7.71T |
| Total revenue | 1.57T |
| Return on assets | – |
| Return on equity | 15.97% |
| Gross profit | 1.13T |
| Gross margin | 0.00% |
| % Held by insiders | 1.70% |
| % Held by Institutions | 34.57% |
HDFC Bank Expected Share Price Target:
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2023 | ₹1500 | ₹1700 |
| 2024 | ₹1700 | ₹2200. |
| 2025 | ₹2200. | ₹2500 |
| 2027 | ₹3000 | ₹3400 |
| 2030 | ₹4000 | ₹4500 |
| 2035 | ₹5500 | ₹6000 |
| 2040 | ₹7000 | ₹7500 |
| 2050 | ₹10000 | ₹12000 |
Also Consider Reading:
- LIC Share Price Target
- PNB Share Price Target
- JIO Financial Services Share Price Target.
- YES Bank Share Price Target.
HDFC Bank Share Price Target 2023:
The expected range of the HDFC Bank Share Price Target for November 2023 is the minimum price of ₹ 1530 and the maximum price of ₹ 1625. And for December the minimum price is ₹1630 and the maximum of ₹ 1700. HDFC Bank Share Price Target For 2023 As Follows:
| Year | Target 1 | Target 2 |
| 2023 | 1530 | 1700 |
HDFC Bank Share Price Target 2024:
Based on the analysis we will get to know the HDFC Bank share price target by 2024, the minimum price range of 1700, and the maximum share price of 2200. This range of amounts is based on the strategies of the bank and its services.
HDFC Bank Share Price Target For 2024 As Follows:
| Year | Target 1 | Target 2 |
| 2024 | 1700 | 2200 |
HDFC Bank Share Price Target 2025:
The expected minimum range of HDFC Bank’s share price target in 2025 is 2200, and the maximum share price target is 2500. HDFC Bank may give good results in the future.
HDFC Bank Share Price Target 2025 As Follows:
| Year | Target 1 | Target 2 |
| 2025 | 2200 | 2500 |
HDFC Bank Share Price Target 2027:
By the year 2027, the expected minimum range of HDFC Bank share price is 3000, and the maximum price range is 3400.
HDFC Bank Share Price Target For 2027 As Follows:
| Year | Target 1 | Target 2 |
| 2027 | 3000 | 3400 |
HDFC Bank Share Price Target 2030:
Looking ahead to 2030 the expected minimum price range for HDFC Bank shares is 4000, and the maximum price range is 4500. This range of amounts will depend on the potential of the advancement of the banking sector.
| Year | Target 1 | Target 2 |
| 2030 | 4000 | 4500 |
HDFC Bank Share Price Target 2035:
By the year 2035, the expected minimum range of HDFC Bank’s share price is 5500 and the maximum price range is 6000.
HDFC Bank Share Price Target For 2035 As Follows:
| Year | Target 1 | Target 2 |
| 2035 | 5500 | 6000 |
HDFC Bank Share Price Target 2040:
By the year 2040, the expected minimum range of HDFC Bank’s share price is 7000 and the maximum price range is 7500.
HDFC Bank Share Price Target For 2040 As Follows:
| Year | Target 1 | Target 2 |
| 2040 | 7000 | 7500 |
HDFC Bank Share Price Target 2050:
By the year 2050, the expected minimum range of HDFC Bank’s share price is 10,000 and the maximum price range is 12,000.
HDFC Bank Share Price Target For 2050 As Follows:
| Year | Target 1 | Target 2 |
| 2050 | 10000 | 12000 |
Conclusion:
I hope you got clarity on the HDFC Bank Share Price Target from 2023 to 2050. This is just the prediction, You need to analyze the graph to get an idea.
Disclaimer:
Dear people, we would like to inform you that we are not authorized by SEBI. The share price target for HDFC Bank is provided for educational and informational purposes only. The price predictions will only be valid when the market sign is positive. We do not recommend anyone to buy, sell, or hold any stock. Investors should make their analysis or take suggestions from their financial advisers/experts before making any investments.
FAQ
1. What is the HDFC Bank Share Price Target for 2023?
A: The expected price target for HDFC Bank in 2023 is 1500 to 1700 per share.
2. What is the HDFC Bank Share Price Target for 2025?
A: The expected price target for HDFC Bank in 2025 is 2200 to 2500 per share.
3. What is the HDFC Bank Share Price Target for 2030?
A: The expected price target for HDFC Bank in 2030 is 4000 to 4500 per share.
