Canara Bank
Share Price Target & Analysis
NSE:CANBK
VWAP
Open
Close
High
Low
52 Week High
0.37 (0.35%)
CANBK
(FINANCIAL SERVICES)Turnaround Potential
52 Week Low
EPS
PE
PB
Deluxe
Quality
Iron
Valuation
#Analysis
NSE: CANBK Share Price Financial Analysis & Valuation
Canara Bank (CANBK) is broadly categorized in FINANCIAL SERVICES segment industry which deals in Banks - Public Sector vertical.
It is one of Large Cap company with Market Capitalization of Rs 43685.8 (in Cr). Total number of free float shares are 73.3 (in Lacs).
Canara Bank is listed on NSE with Exchange ID - INE476A01022 and trading code is NSE:CANBK with short name Canara Bank.
Canara Bank is a government-owned enterprise which is categorized as Public Sector Undertaking (PSU) or a Public Sector Enterprise.
Canara Bank is also traded in Future & Options (Derivative segment of NSE).
In the past 1 year, Canara Bank has declared an equity dividend of Rs 3.22 per share. At the current share price of CANBK at Rs 107.21, this results in a dividend yield of 3 %.
As per the Fundamental Analysis of NSE:CANBK, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine CANBK underlying value and future prospects. All of this data is available in CANBK financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:CANBK, it is clearly understood that CANBK is Deluxe performer in terms of earnings and profit margins with an EPS of 18.77. NSE:CANBK book value per share as of today is 107.02. The current price to book ratio for CANBK as of May 23, 2025 is 1.
Valuation of the Stock: The current valuation of CANBK stock is like Iron which means currently the stock is Inexpensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of CANBK whether to BUY this stock at current valuation. The delivery percentage of CANBK is 46.79% is very crucial parameter which shows that 46.79% investors are anticipating that the price of CANBK share should go up with VWAP at 107.32.
Now, the main question is whether to BUY or SELL, NSE:CANBK at current valuation.
As per latest Analysis No. #5991:-
⇑ STRONG BUY CANBK if All Greens
⇗ BUY CANBK (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD CANBK (With Stop Loss) if only 1 Green
⇘ SELL CANBK if NO Green Indicator
NSE: CANBK Share Price Today (May 23, 2025)
(Canara Bank Daily Analysis on the basis of CANBK Intraday Graph & Trend)
Canara Bank share price moved Up by 0.35% from its previous close of Rs 106.84. CANBK stock last traded price is 107.21. CANBK share price trend is Up with a total of 16155459 stocks traded till now. It has touched an intraday high of Rs 107.99 and an intraday low of Rs 106.41. The CANBK trading at 107.21, Up by Rs. 0.37, or 0.35 percent which suggests that most of the Traders are anticipating that the price of CANBK share should go Up.
NSE: CANBK Share Price Tomorrow Prediction
(Canara Bank Share Price Prediction for Tomorrow & future forecast is based on Current Trend of CANBK)
Canara Bank share price moved Up by 0.35%. CANBK share price short term trend is Up. It suggests that CANBK Share Price for Tomorrow remains the same with VWAP at 107.32 will be treated as stop loss for intraday traders. Canara Bank Long term investors can follow the CANBK long term trend as mentiond in future forecast table.
NSE Code |
NSE: CANBK |
CANBK Share Price Today |
107.21 |
CANBK Share Price Target Prediction for 2025 ^ |
111.3 - 153.5 |
CANBK Share Price Target Prediction for 2026*^ |
153.5 - 164.3 |
CANBK Share Price Target Prediction for 2027*^ |
164.3 - 176.6 |
CANBK Share Price Target Prediction for 2028*^ |
185 |
CANBK Share Price Target Prediction for 2029*^ |
192 |
CANBK Share Price Target Prediction for 2030*^ |
210 |
CANBK Current Book Value 2024 |
106.5 |
*Canara Bank Short Term & Long Term share price target is based on current financial year earings of the company.
^CANBK share price target prediction for 2025 2026 2027 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.
CANBK Technical Analysis
Candlestick Pattern: @100.86MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 95.98 | BUY | 97.62 | BUY |
MA_12 | 97.27 | BUY | 96.6 | BUY |
MA_20 | 96.33 | BUY | 95.68 | BUY |
MA_32 | 93.34 | BUY | 94.11 | BUY |
MA_50 | 90.27 | BUY | 93.33 | BUY |
MA_100 | 91.85 | BUY | 93.9 | BUY |
MA_200 | 99.62 | BUY | 96.84 | BUY |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 96.33 | Uptrend |
MACD | -0.16 | SELL |
ADX | 20.11 | NO or Weak Trend |
DMI (+/-) | 31.48 / 21.89 | Uptrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 62.27 | Neutral |
STOCHASTIC_K (Fast) | 95.1 | Overbought |
STOCHASTIC_D (Slow) | 74.62 | Neutral |
CCI | 115.38 | BUY |
PSAR | 90.95 | BUY |
TRUE RANGE | 3.81 | SELL |
ATR | 3.37 | SELL |
WILLIAMS R | -15.15 | Overbought |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 100 | Overbought |
STOCHASTIC RSI D | 84.89 | Overbought |
MOMENTUM | 13.76 | BUY |
Duration | Value |
---|---|
1 Year | -12.56% |
3 Months | 8.14% |
1 Month | 15.8% |
1 Week | 3.81% |
Action | Overall (%) |
---|---|
BUY | 77% |
NEUTRAL / HOLD | 13% |
SELL | 10% |
Most popular Questions & Answers about CANBK
Canara Bank stock last traded price is 107.21. CANBK share price moved Up by 0.35% from its previous close of Rs 106.84.
Canara Bank share price trend is Up with a total of 16155459 stocks traded till now. It has touched an intraday high of Rs 154.252 and an intraday low of Rs 106.41. The CANBK trading at 107.21, Up by Rs. 0.37, or 0.35 percent which suggests that most of the Traders are anticipating that the price of CANBK share should go Up and the Stop Loss will be around 107.32.
The market cap of Canara Bank is ₹43685.8 (in Cr) as of May 22, 2025.
The current price to earning ratio for Canara Bank as of May 22, 2025 is 8.52.
The current price to book ratio for Canara Bank as of May 22, 2025 is 1.
The highest price of Canara Bank stock is ₹128.90 in the last 52-week.
The lowest price of Canara Bank stock is ₹78.60 in the last 52-week.
Canara Bank share trading at ₹107.21, Up by Rs. 0.37, or 0.35 percent which suggests that most of the traders are anticipating that the price of CANBK share should go Up.
In 2025, Stock price target for Canara Bank (CANBK) are ₹111.3 on downside and ₹153.5 on upside. Canara Bank share price target is based on current financial year earings of the company.
In 2026, Stock price target for Canara Bank (CANBK) are ₹153.5 on downside and ₹164.3 on upside. Canara Bank share price target is based on forecasted future earnings of the company.
In 2027, Stock price target for Canara Bank (CANBK) are ₹164.3 on downside and ₹176.6 on upside. Canara Bank share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.
In next five years, Stock price target for Canara Bank (CANBK) will be around ₹192 Canara Bank share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of CANBK.
The price of Canara Bank (CANBK) shares moved by 0.35%. The short-term trend for CANBK share price is Up. It implies that the share price of CANBK will stay the same tomorrow and that intraday traders should treat VWAP at 107.32 as a stop loss. Investors with a long-term outlook can track CANBK long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of CANBK stock is 225.1. Compared to the current market price of 107.21 INR, the CANBK stock is Undervalued by 52.4%.
As per the fundamental analysis of Canara Bank (CANBK), it is of Deluxe quality in terms of earnings and profit margins with an EPS of 18.77. Canara Bank book value per share as of today is 107.02. The current price to book ratio for CANBK as of May 23, 2025 is 1.
NSE:CANBK News & Other Useful Information about CANBK Share Price
Peer Comparison of NSE: CANBK
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Banks - Public Sector
Company | Price | EPS | BV |
---|---|---|---|
SBIN | 790.50 | 79.44 | 470.11 |
BANKBARODA | 243.04 | 37.86 | 244.69 |
PNB | 100.38 | 14.47 | 105.83 |
CANBK | 107.21 | 18.77 | 107.02 |
IOB | 37.86 | 1.73 | 14.97 |
UNIONBANK | 140.43 | 23.56 | 140.22 |
BANKINDIA | 117.06 | 20.25 | 157.73 |
CENTRALBK | 37.28 | 4.18 | 37.09 |
INDIANB | 594.10 | 81.06 | 475.9 |
UCOBANK | 31.04 | 1.95 | 22.91 |