ICICI Bank Share Price Target: In this article, you will read about ICICI Bank Share Price Target prediction for this year’s end and the upcoming years 2024, 2025, 2027, 2030, and 2035.
By the end of this article, you may get an idea about ICICI, and the expected share price target. We will do the analysis and predict whether the stock is best for long-term investment or not.
ICICI Overview :
ICICI Bank Limited is an Indian multinational bank and financial services company. ICICI headquarters are located in Mumbai with registered office in Vadodara. ICICI was founded in the year 1994, Over 5,000 branches and 15,000 ATMs across India. ICICI provides a wide range of services like retail banking, corporate banking, investment banking, mortgage loans, private banking, wealth management, credit cards, insurance, and more. From the below table, you can get to know all the information on its official website.
| Name | ICICI Bank Limited |
| Symbol | ICICIBANK |
| Industry | Banking |
| Founded | 1994 |
| CEO | Sandeep Bakhshi |
| Headquarters | Mumbai, India |
| Country | India |
| Locations | Over 5,000 branches and 15,000 ATMs across India |
| Website | icicibank.com |
| Profile | ICICI_Bank |
Shareholders of ICICI:
- Foreign Institutions. 8.38%
- Mutual Funds. 8.43%
- Retail And Others. 13.55%
Fundamentals of ICICI:
The market cap of ICICI Bank is ₹ 6.99T. The number of shares outstanding is 7.01B. And Earnings per share is ₹56.41. From the table below, you can get to know about the Price of the earnings Ratio (P/E), BOOK VALUE, Price to book (P/B), and many more like Dividend yield.
| Market cap | 6.99T |
| Enterprise value | ₹7,652,477,763,584.00 |
| Shares outstanding | 7.01B |
| P/E ratio | 17.67 |
| Forward P/E ratio | 26.27 |
| Price / Book | 3.01 |
| Book value | ₹331.35 |
| Payout ratio | 14.19% |
| Quick ratio | – |
| Current ratio | – |
| Debt / Equity | – |
| Price / Sales | 5.32 |
| Earnings per share | ₹56.41 |
| Revenue per share | ₹188.22 |
| Total cash per share | ₹184.48 |
| Forward annual dividend rate | ₹8.00 |
| Ex-Dividend date | August 9, 2023 |
| Forward annual dividend yield | 0.80% |
| Five Year Avg Dividend Yield | 0.99 |
| Total cash | 1.29T |
| Total debt | 1.90T |
| Total revenue | 1.31T |
| Return on assets | 2.11% |
| Return on equity | 18.96% |
| Gross profit | 1.29T |
| Gross margin | 0.00% |
| % Held by insiders | 2.25% |
| % Held by Institutions | 53.66% |
ICICI Share Price NSE/BSE:
ICICI Bank Shares were listed in the (NSE) National Stock Exchange and (BSE) Bombay Stock Exchange.
ICICI Bank shares on NSE are currently trading at around 998.40 INR, each as of December 2023. ICICI shares on BSE are currently trading at 996.45 INR.
ICICI Bank FPO Details:
| IPO Date | June 19, 2007 to June 22, 2007 |
| Listing Date | July 6, 2007 |
| Face Value | ₹10 per share |
| Price Band | ₹885 to ₹950 per share |
| Lot Size | 6 Shares |
| Total Issue Size | 94,663,600 shares (aggregating up to ₹8,750.00 Cr) |
| Issue Type | Book Built Issue FPO |
| Listing At | BSE, NSE |
ICICI Bank Share Price History:
| Year | ICICI Bank | YOY Chg% | ↑High – ↓Low |
|---|---|---|---|
| 1997 | ₹6.49 | – | ↑ ₹8.29↓ ₹5.36 |
| 1998 | ₹3.35 | -48.4% | ↑ ₹9.26↓ ₹3.28 |
| 1999 | ₹10.53 | 214.3% | ↑ ₹11.41↓ ₹3.16 |
| 2000 | ₹22.90 | 117.4% | ↑ ₹42.54↓ ₹10.04 |
| 2001 | ₹16.13 | -29.6% | ↑ ₹35.18↓ ₹12.14 |
| 2002 | ₹25.55 | 58.4% | ↑ ₹29.89↓ ₹15.63 |
| 2003 | ₹53.72 | 110.2% | ↑ ₹56.36↓ ₹21.65 |
| 2004 | ₹67.52 | 25.6% | ↑ ₹69.05↓ ₹38.46 |
| 2005 | ₹106.37 | 57.5% | ↑ ₹111↓ ₹59.13 |
| 2006 | ₹162.09 | 52.3% | ↑ ₹168↓ ₹79.09 |
| 2007 | ₹225.22 | 38.9% | ↑ ₹245↓ ₹143 |
| 2008 | ₹81.47 | -63.9% | ↑ ₹264↓ ₹51.47 |
| 2009 | ₹159.45 | 95.7% | ↑ ₹178↓ ₹45.87 |
| 2010 | ₹208.20 | 30.5% | ↑ ₹232↓ ₹129 |
| 2011 | ₹124.48 | -40.3% | ↑ ₹210↓ ₹116 |
| 2012 | ₹206.95 | 66.2% | ↑ ₹210↓ ₹124 |
| 2013 | ₹199.77 | -3.5% | ↑ ₹225↓ ₹137 |
| 2014 | ₹321.00 | 60.6% | ↑ ₹332↓ ₹171 |
| 2015 | ₹237.59 | -26% | ↑ ₹357↓ ₹220 |
| 2016 | ₹232.09 | -2.4% | ↑ ₹271↓ ₹164 |
| 2017 | ₹314.00 | 35.2% | ↑ ₹332↓ ₹225 |
| 2018 | ₹360.15 | 14.6% | ↑ ₹375↓ ₹256 |
| 2019 | ₹538.90 | 49.6% | ↑ ₹552↓ ₹336 |
| 2020 | ₹535.05 | -0.8% | ↑ ₹550↓ ₹268 |
| 2021 | ₹740.15 | 38.3% | ↑ ₹867↓ ₹512 |
| 2022 | ₹890.85 | 20.3% | ↑ ₹958↓ ₹642 |
| 2023 | ₹996.60 | 11.8% | ↑ ₹1043↓ ₹796 |
ICICI Bank Expected Share Price Target:
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹1,000 | ₹1,250 |
| 2025 | ₹1,300 | ₹1,450 |
| 2027 | ₹2,000 | ₹2,150 |
| 2030 | ₹2,500 | ₹2,750 |
| 2035 | ₹3,500 | ₹3,750 |
Also Consider Reading: ONGC Share Price Target.
ICICI Bank Share Price Target 2024:
On the analysis we will get to know the ICICI Bank share price target by 2024, the minimum price range of 1000, and the maximum share price of 1250. This range of amounts is based on the strategies of the company.
ICICI Bank Share Price Target 2024 As Follows:
| Year | Target 1 | Target 2 |
| 2024 | 1000 | 1250 |
ICICI Bank Share Price Target 2025:
The expected minimum range of ICICI Bank share price target in 2025 is 1300, and the maximum share price target is 1450.
ICICI Bank Share Price Target 2025 As Follows:
| Year | Target 1 | Target 2 |
| 2025 | 1300 | 1450 |
ICICI Bank Share Price Target 2027:
The expected minimum range of ICICI Bank share price target in 2027 is 2000, and the maximum share price target is 2150.
ICICI Bank Share Price Target 2027 As Follows:
| Year | Target 1 | Target 2 |
| 2027 | 2000 | 2150 |
ICICI Bank Share Price Target 2030:
Looking ahead to 2030 the expected minimum price range for ICICI Bank shares is 2500, and the maximum price range is 2750.
ICICI Bank Share Price Target 2030 As Follows:
| Year | Target 1 | Target 2 |
| 2030 | 2500 | 2750 |
ICICI Bank Share Price Target 2035:
By the year 2035, the expected minimum range of ICICI Bank share price is 3500, and the maximum price range is 3750.
ICICI Bank Share Price Target 2035 As Follows:
| Year | Target 1 | Target 2 |
| 2035 | 3500 | 3750 |
Conclusion:
I hope you got clarity on the ICICI Bank Share Price Target from 2024 to 2035. 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 ICICI 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 ICICI Bank Share Price Target for 2024?
A: The expected price target for ICICI Bank in 2024 is 1000 to 1250 per share.
2. What is the ICICI Bank Share Price Target for 2025?
A: The expected price target for ICICI Bank in 2025 is 1300 to 1450 per share.
3. What is the ICICI Bank Share Price Target for 2027?
A: The expected price target for ICICI Bank in 2027 is 2000 to 2150 per share.
4. What is the ICICI Bank Share Price Target for 2030?
A: The expected price target for ICICI Bank in 2030 is 2500 to 2750 per share.
5. What is the ICICI Bank Share Price Target for 2035?
A: The expected price target for ICICI Bank in 2035 is 3500 to 3750 per share.
