LIC Share Price Target 2023, 2024, 2025, 2030, 2040, 2050

In this article, you will read about LIC Share Price Target prediction for this year’s end and the upcoming years 2024, 2025, 2030, 2040, and 2050.

By the end of this article, you may get an idea about LIC, and the expected share price target. We will do the analysis and predict whether the stock is best for long-term investment or not.

LIC Company Overview:

LIC also known as Life Insurance Corporation is a largest insurance company and, was established in 1956. Its headquarters are in Mumbai, India. LIC is popularly known for its extensive range of life insurance and services. Its industry is Insurance and Investment.

There are currently more than 13 lakh employees in the company, and over 245 companies and provident societies have been merged into the company. If you want any details about life insurance you can visit their official website www.licindia.in.

NameLife Insurance Corporation of India
Symbol LICI
IndustryInsurance and Investment
TypeStatutory Corporation
Founded1956
CEOM R Kumar
HeadquartersMumbai, India
CountryIndia
LocationsNation wide
Websitewww.licindia.in
ProfileLife_Insurance_Corporation

Fundamentals of LIC:

The market cap of Life Insurance Corporation (LIC) is 3.86T. And the number of shares outstanding is 6.33B. 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. LIC offers a range of services including life insurance, pension plans, mutual funds, etc.

Market cap3.86T
Enterprise value₹7,193,461,522,432.00
Shares outstanding6.33B
P/E ratio10.37
Forward P/E ratio10.21
Price / Book8.28
Book value₹73.10
Payout ratio5.10%
Quick ratio
Current ratio
Debt / Equity0.01
Price / Sales0.47
Earnings per share₹58.38
Revenue per share₹1,513.16
Total cash per share₹36.99
Dividend rate₹3.00
Ex-Dividend dateJuly 21, 2023
Dividend yield0.49%
Five Year Avg Dividend Yield
Total cash467.94B
Total debt21.09M
Total revenue8.20T
Return on assets
Return on equity
Gross profit833.41B
Gross margin10.08%
% Held by insiders96.50%
% Held by Institutions0.63%

LIC Expected Share Price Target 2023 to 2050:

YearMinimum TargetMaximum Target
2023₹650₹700
2024₹750₹975
2025₹1000₹1180
2026₹1200₹1350
2027₹1370₹1475
2030₹1875₹2000
2040₹3000₹3200
2050₹4500₹5000

Also Consider Reading:

LIC Share Price Target 2023:

Life Insurance Corporation (L.I.C) is listed on May 17 2022 ₹867.20, a discount of 8.62% to the issue price of ₹949 per share. The allotment for LIC IPO was finalized on May 12, 2022. But the stock was continuously falling. Now the share price for November 2023 is 615 and for December 2023 is 700. LIC Share Price Target For 2023 As Follows:

YearTarget 1Target 2
2023650700

LIC Share Price Target 2024:

Based on the analysis we will get to know the Life Insurance Corporation (L.I.C) share price target by 2024, the minimum price of 750, and the maximum share price of 975.  This range of amount is based on the strategies of the and the services of the company. LIC Share Price Target For 2024 As Follows:

YearTarget 1Target 2
2024750975

LIC Share Price Target 2025:

By 2025 the expected minimum range of Life Insurance Corporation (L.I.C) share price is 1000, and the maximum share price target is 1180. LIC Share Price Target For 2025 As Follows:

YearTarget 1Target 2
202510001180

LIC Share Price Target 2026:

Looking ahead to 2026 the expected minimum range of Life Insurance Corporation (L.I.C) share price is 1200, and the maximum share price target is 1350. LIC Share Price Target For 2026 As Follows:

YearTarget 1Target 2
202612001350

LIC Share Price Target 2027:

By 2027 the expected minimum range of Life Insurance Corporation (L.I.C) share price is 1370, and the maximum share price target is 1475. This range of amounts will depend on the company and their offer. LIC Share Price Target For 2027 As Follows:

YearTarget 1Target 2
2027450525

LIC Share Price Target 2030:

By 2030 the expected minimum range of Life Insurance Corporation (L.I.C) share price is 1875, and the maximum share price target is 2000. LIC Share Price Target For 2030 As Follows:

YearTarget 1Target 2
203018752000

LIC Share Price Target 2040:

By 2040 the expected minimum range of Life Insurance Corporation (L.I.C) share price is 3000, and the maximum share price target is 3200. LIC Share Price Target For 2040 As Follows:

YearTarget 1Target 2
204030003200

LIC Share Price Target 2050:

By 2050 we can easily predict from previous years’ graphs, the expected minimum range of Life Insurance Corporation (L.I.C) share price is 4500, and the maximum share price target is 5000. LIC Share Price Target For 2050 As Follows:

YearTarget 1Target 2
205045005000

Conclusion:

I hope you got clarity on the LIC 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 LIC 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 LIC Share Price Target for 2023?

A: The expected price target for LIC in 2023 is 650 per share.

2. What is the LIC Share Price Target for 2025?

A: The expected price target for LIC in 2025 is 1000 to 1180 per share.

3. What is the LIC Share Price Target for 2030?

A: The expected price target for LIC in 2030 is 1875 to 2000 per share.

4. When did LIC shares got listed?

A: Life Insurance Corporation (L.I.C) is listed on May 17 2022 ₹867.20, a discount of 8.62% to the issue price of ₹949 per share.

Leave a comment