ITC Share price target 2023, 2024, 2025, 2027, 2030, 2040, and 2050

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.

NameITC Limited
SymbolITC
IndustryConglomerate
Founded1910
CEOSanjiv Puri
HeadquartersKolkata, India
CountryIndia
LocationsIndia and international
Websiteitcportal.com
ProfileITC_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 cap5.41T
Enterprise value₹5,235,522,142,208.00
Shares outstanding12.47B
P/E ratio26.76
Forward P/E ratio23.06
Price / Book7.82
Book value₹55.44
Payout ratio78.70%
Quick ratio1.54
Current ratio2.73
Debt / Equity0.41
Price / Sales7.69
Earnings per share₹16.20
Revenue per share₹56.57
Total cash per share₹14.98
Dividend rate₹13.50
Ex-Dividend dateMay 30, 2023
Dividend yield3.11%
Five Year Avg Dividend Yield3.84
Total cash186.69B
Total debt2.84B
Total revenue702.78B
Return on assets18.20%
Return on equity30.17%
Gross profit410.73B
Gross margin59.96%
% Held by insiders29.38%
% Held by Institutions44.89%

ITC Expected Share Price Target 2023-2050:

YearMinimum TargetMaximum 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:

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:

YearTarget 1Target 2
2023450525

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:

YearTarget 1Target 2
2024530620

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:

YearTarget 1Target 2
2025630725

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:

YearTarget 1Target 2
2026730820

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:

YearTarget 1Target 2
2027821930

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:

YearTarget 1Target 2
203011001200

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:

YearTarget 1Target 2
204024002900

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:

YearTarget 1Target 2
205040005000

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.

Leave a comment