In this article, you are going to read about IDFC First Bank Share Price Target prediction for this year’s end and the upcoming years 2024, 2025, 2026, 2027, 2030, 2040, 2050.
By the end of this article, you may get an idea about IDFC First Bank, expected share price target. We will do the analysis and predict whether the stock is best for long-term investment or not.
IDFC First Bank Overview:
IDFC First Bank formerly known as IDFC Bank, is an Indian private sector bank. It came in 1997. Located in Mumbai, India. The bank provides services like Retail banking, commercial banking, investment banking, wealth management, etc.,
IDFC First Bank has more than 600 branches and more than 1000 ATMs across India. RBI has approved IDFC Bank on 1 October 2015, with 23 branches in Madhya Pradesh, Delhi, Mumbai, Hyderabad, Bengaluru, Pune, Chennai, Ahmedabad and Kolkata.
| Name | IDFC First Bank |
| Industry | Banking |
| Type | Public |
| CEO | Renuka Ramnath |
| Headquarters | Mumbai, India |
| Services | Retail banking commercial banking investment banking wealth management |
| Country | India |
| Locations | 600+ branches 1,000+ ATMs across India |
| Website | idfcfirstbank.com |
| Profile on Wikipedia | IDFC_First_Bank |
Fundamentals of IDFC First Bank:
The market cap of IDFC First Bank is 591.09B. And the number of shares outstanding is 7.06B. 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 | 591.09B |
| Enterprise value | ₹959,294,210,048.00 |
| Shares outstanding | 7.06B |
| P/E ratio | 18.82 |
| Forward P/E ratio | – |
| Price / Book | 2.01 |
| Book value | ₹41.64 |
| Payout ratio | 0.00% |
| Quick ratio | – |
| Current ratio | – |
| Debt / Equity | – |
| Price / Sales | 3.45 |
| Earnings per share | ₹4.45 |
| Revenue per share | ₹26.59 |
| Total cash per share | ₹19.57 |
| Dividend rate | ₹0.75 |
| Ex-Dividend date | July 23, 2018 |
| Dividend yield | 1.87% |
| Five Year Avg Dividend Yield | – |
| Total cash | 130.50B |
| Total debt | 531.66B |
| Total revenue | 171.20B |
| Return on assets | 1.22% |
| Return on equity | 11.66% |
| Gross profit | 145.93B |
| Gross margin | 0.00% |
| % Held by insiders | 44.35% |
| % Held by Institutions | 22.74% |
Competitors of IDFC First Bank:
The below list is in the share market in the banking sector and also competitors for IDFC First Bank.
| Competitors | Market Share |
|---|---|
| HDFC Bank | 23.6% |
| ICICI Bank | 19.3% |
| Axis Bank | 11.3% |
| Kotak Mahindra Bank | 9.7% |
| State Bank of India | 7.7% |
| Bank of Baroda | 5.6% |
| Punjab National Bank | 5.2% |
| Others | 14.4% |
IDFC First Bank Shareholding Pattern:
Promoters— 36.48%
Public— 38.14%
DII— 14.39%
FII— 10.99%
Others— 0%
IDFC First Bank Expected Share Price Target 2023-2050:
| Years | Minimum Target | Maximum Target |
|---|---|---|
| 2023 | ₹90 | ₹100 |
| 2024 | ₹115 | ₹130 |
| 2025 | ₹135 | ₹149 |
| 2026 | ₹150 | ₹175 |
| 2027 | ₹179 | ₹198 |
| 2030 | ₹250 | ₹295 |
| 2040 | ₹420 | ₹500 |
| 2050 | ₹800 | ₹950 |
Also Consider Reading:
- Refex Industries Share Price Target.
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- JIO Financial Services Share Price Target.
- YES Bank Share Price Target.
IDFC First Bank Share Price Target 2023:
The expected range of the IDFC First Bank Share Price Target for November 2023 is the minimum price of ₹ 85 and the maximum price of ₹ 92. And for December the minimum price is ₹90 and the maximum of ₹ 100.
IDFC First Bank Share Price Target For 2023 As Follows:
| Year | Target 1 | Target 2 |
| 2023 | 90 | 100 |
IDFC First Bank Share Price Target 2024:
Based on the analysis we will get to know the IDFC First Bank share price target by 2024, the minimum price of 115, and the maximum share price of 130. This range of amount is based on the strategies of the bank and their services.
IDFC First Bank Share Price Target For 2024 As Follows:
| Year | Target 1 | Target 2 |
| 2024 | 115 | 130 |
IDFC First Bank Share Price Target 2025:
By 2025 the expected minimum range of IDFC First Bank share price is 135, and the maximum share price target is 149. IDFC First Bank may give good results in future.
IDFC First Bank Share Price Target For 2025 As Follows:
| Year | Target 1 | Target 2 |
| 2025 | 135 | 149 |
IDFC First Bank Share Price Target 2026:
Looking ahead to 2026 as we discussed above the company will be in good performance. so we can expect a minimum range of 150 and a maximum range of IDFC First Bank 175.
IDFC First Bank Share Price Target For 2026 As Follows:
| Year | Target 1 | Target 2 |
| 2026 | 150 | 175 |
IDFC First Bank Share Price Target 2027:
Looking ahead to 2027 the expected minimum price range for IDFC First Bank shares is 179 and the maximum price range is 198. This range of amounts will depend on the potential of the advancement of the banking sector.
IDFC First Bank Share Price Target For 2027 As Follows:
| Year | Target 1 | Target 2 |
| 2027 | 179 | 198 |
IDFC First Bank Share Price Target 2030:
IDFC First Bank shares are a good option if you want to invest for the long term because if you want to invest in stocks then investing for the long term is better, then IDFC First Bank is good choice for you. By the year 2030, the expected minimum range of IDFC First Bank share price is 250 and the maximum price range is 295.
IDFC First Bank Share Price Target For 2030 As Follows:
| Year | Target 1 | Target 2 |
| 2030 | 250 | 295 |
IDFC First Bank Share Price Target 2040:
By the year 2040, the expected minimum range of IDFC First Bank’s share price is 420 and the maximum price range is 500.
IDFC First Bank Share Price Target For 2040 As Follows:
| Year | Target 1 | Target 2 |
| 2040 | 420 | 500 |
IDFC First Bank Share Price Target 2050:
By the year 2050, the expected minimum range of IDFC First Bank’s share price is 800 and the maximum price range is 950.
IDFC First Bank Share Price Target For 2050 As Follows:
| Year | Target 1 | Target 2 |
| 2050 | 800 | 950 |
Future of IDFC First Bank:
There is a full possibility of the growth of IDFC’s first bank shares in the banking sector because the country economy will expands and banks play the main role so banking sector will also grow.
so if you want to invest in the banking sector then investing for the long term is a better option. IDFC First Bank is a good choice for you. These price predictions will only be valid when the market sign is positive.
Conclusion:
I hope you got clarity on IDFC First Bank’s 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 IDFC First 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 own analysis or take suggestions from their financial advisers/experts before making any investments.
FAQ
1. IDFC First Bank Full Form?
A: The full form of IDFC is Infrastructure Development Finance Company.
2. What is the IDFC First Bank Share Price Target for 2025?
A: The expected price target for IDFC First Bank in 2025 is 149 per share.
3. What is the IDFC First Bank Share Price Target for 2030?
A: The expected price target for IDFC First Bank in 2030 is 295 per share.
