In this article, you will read about ITC Share price target prediction for this year’s end and the upcoming years 2024, 2025, 2026, 2027, 2030, 2040, and 2050.
By the end of this article, you may get an idea about I.T.C. Limited, expected share price target. We will do the analysis and predict whether the stock is best for long-term investment or not.
ITC Overview:
ITC.LTD also known as Imperial Tobacco Company of India Limited, was Established in 1910 and renamed as the India Tobacco Company Limited in 1970 and later to I.T.C. Limited in 1974. Its headquarters are located in Kolkata, India.
ITC is a very big company popularly known for brands like Sun Feast, Aashirwad, Classmate, Bingo, and others. ITC is listed on the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), and in Calcutta Stock Exchange (CSE). To learn more about ITC brands you can visit their official website itcportal.com.
| Name | ITC Limited |
|---|---|
| Symbol | ITC |
| Industry | Conglomerate |
| Founded | 1910 |
| CEO | Sanjiv Puri |
| Headquarters | Kolkata, India |
| Country | India |
| Locations | India and international |
| Website | itcportal.com |
| Profile | ITC_Limited |
Fundamentals of ITC:
The market cap of I.T.C. Limited is 5.41T. And the number of shares outstanding is 12.47B. 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 | 5.41T |
| Enterprise value | ₹5,235,522,142,208.00 |
| Shares outstanding | 12.47B |
| P/E ratio | 26.76 |
| Forward P/E ratio | 23.06 |
| Price / Book | 7.82 |
| Book value | ₹55.44 |
| Payout ratio | 78.70% |
| Quick ratio | 1.54 |
| Current ratio | 2.73 |
| Debt / Equity | 0.41 |
| Price / Sales | 7.69 |
| Earnings per share | ₹16.20 |
| Revenue per share | ₹56.57 |
| Total cash per share | ₹14.98 |
| Dividend rate | ₹13.50 |
| Ex-Dividend date | May 30, 2023 |
| Dividend yield | 3.11% |
| Five Year Avg Dividend Yield | 3.84 |
| Total cash | 186.69B |
| Total debt | 2.84B |
| Total revenue | 702.78B |
| Return on assets | 18.20% |
| Return on equity | 30.17% |
| Gross profit | 410.73B |
| Gross margin | 59.96% |
| % Held by insiders | 29.38% |
| % Held by Institutions | 44.89% |
ITC Expected Share Price Target 2023-2050:
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2023 | ₹450 | ₹525 |
| 2024 | ₹530 | ₹620 |
| 2025 | ₹630 | ₹725 |
| 2026 | ₹730 | ₹820 |
| 2027 | ₹821 | ₹930 |
| 2030 | ₹1100 | ₹1200 |
| 2035 | ₹1700 | ₹1900 |
| 2040 | ₹2400 | ₹2900 |
| 2050 | ₹4000 | ₹5000 |
Also Consider Reading:
- Refex Industries Share Price Target.
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- JIO Financial Services Share Price Target.
- YES Bank Share Price Target.
ITC Share Price Target 2023:
The expected range of the I.T.C. Limited Share Price Target for November 2023 is the minimum price of ₹ 430 and the maximum price of ₹ 485. And for December the minimum price is ₹490 and the maximum of ₹ 525.
ITC Share Price Target For 2023 As Follows:
| Year | Target 1 | Target 2 |
| 2023 | 450 | 525 |
ITC Share Price Target 2024:
Based on the analysis we will get to know the I.T.C. Limited share price target by 2024, the minimum price of 530, and the maximum share price of 620. This range of amount is based on the strategies of the and the services of the company.
ITC Share Price Target For 2024 As Follows:
| Year | Target 1 | Target 2 |
| 2024 | 530 | 620 |
ITC Share Price Target 2025:
By 2025 the expected minimum range of I.T.C. Limited share price is 630, and the maximum share price target is 725. India Tobacco Company Limited (ITC) may give good results in the future.
ITC Share Price Target For 2025 As Follows:
| Year | Target 1 | Target 2 |
| 2025 | 630 | 725 |
ITC Share Price Target 2026:
Looking ahead to 2026 the expected minimum range of I.T.C. Limited share price is 730, and the maximum share price target is 820.
ITC Share Price Target For 2026 As Follows:
| Year | Target 1 | Target 2 |
| 2026 | 730 | 820 |
ITC Share Price Target 2027:
By 2027 the expected minimum range of I.T.C. Limited share price is 821, and the maximum share price target is 930. This range of amounts will depend on the company and their offer.
ITC Share Price Target For 2027 As Follows:
| Year | Target 1 | Target 2 |
| 2027 | 821 | 930 |
ITC Share Price Target 2030:
By 2030 the expected minimum range of I.T.C. Limited share price is 1100, and the maximum share price target is 1200.
ITC Share Price Target For 2030 As Follows:
| Year | Target 1 | Target 2 |
| 2030 | 1100 | 1200 |
ITC Share Price Target 2040:
By 2040 the expected minimum range of I.T.C. Limited share price is 2400, and the maximum share price target is 2900.
ITC Share Price Target For 2040 As Follows:
| Year | Target 1 | Target 2 |
| 2040 | 2400 | 2900 |
ITC Share Price Target 2050:
By 2050 we can easily predict from previous years’ graphs, the expected minimum range of ITC share price is 4000, and the maximum share price target is 5000.
ITC Share Price Target For 2024 As Follows:
| Year | Target 1 | Target 2 |
| 2050 | 4000 | 5000 |
Future of ITC.LTD:
Conclusion:
I hope you got clarity on I.T.C. Limited 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 I.T.C. Limited 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 ITC Share Price Target for 2023?
A: The expected price target for I.T.C. Limited in 2023 is 430-525 per share.
2. What is the ITC Share Price Target for 2025?
A: The expected price target for I.T.C. Limited in 2025 is 725 per share.
3. What is the ITC Share Price Target for 2030?
A: The expected price target for I.T.C. Limited in 2030 is 1200 per share.
