NIFTY 24334.20 BANK 55087.15

Canara Bank
Share Price Target & Analysis

NSE:CANBK

97.67

VWAP

99

Open

99.33

Close

99

High

96.95

Low

128.9

52 Week High

97.45 ⇩
-1.88 (-1.89%)

CANBK

(FINANCIAL SERVICES)
37.5% Momentum

Turnaround Potential

78.6

52 Week Low

17.4

EPS

10.73

PE

0.91

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 97.45, this results in a dividend yield of 3.3 %.

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 17.4. NSE:CANBK book value per share as of today is 107.02. The current price to book ratio for CANBK as of May 01, 2025 is 0.91.

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 47.3% is very crucial parameter which shows that 47.3% investors are anticipating that the price of CANBK share should go up with VWAP at 97.67.

Now, the main question is whether to BUY or SELL, NSE:CANBK at current valuation.
As per latest Analysis No. #5597:-

⇑ 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 01, 2025)

(Canara Bank Daily Analysis on the basis of CANBK Intraday Graph & Trend)

Canara Bank share price moved Down by -1.89% from its previous close of Rs 99.33. CANBK stock last traded price is 97.45. CANBK share price trend is Down with a total of 23756500 stocks traded till now. It has touched an intraday high of Rs 99 and an intraday low of Rs 96.95. The CANBK trading at 97.45, Down by Rs. -1.88, or -1.89 percent which suggests that most of the Traders are anticipating that the price of CANBK share should go Down.

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 Down by -1.89%. CANBK share price short term trend is Down. It suggests that CANBK Share Price for Tomorrow remains the same with VWAP at 97.67 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

 97.45

CANBK Share Price Target Prediction for 2025 ^

 82.4 - 119.4

CANBK Share Price Target Prediction for 2026*^

 119.4 - 157.5

CANBK Share Price Target Prediction for 2027*^

 157.5 - 169.4

CANBK Share Price Target Prediction for 2028*^

 178

CANBK Share Price Target Prediction for 2029*^

 184

CANBK Share Price Target Prediction for 2030*^

 202
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: @86.95

CANBK Moving Averages

BUY (1) NEUTRAL (0) SELL (13)
MA Simple Action S1 Expo Action E2
MA_5 86.51 BUY 87.02 SELL
MA_12 88.82 SELL 88.46 SELL
MA_20 90.14 SELL 89.82 SELL
MA_32 92.35 SELL 92.07 SELL
MA_50 94.97 SELL 94.05 SELL
MA_100 98.34 SELL 97.48 SELL
MA_200 106.07 SELL 100.56 SELL

CANBK Trend Oscillators

BUY (1) NEUTRAL (0) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 90.14 Downtrend
MACD -0.13 SELL
ADX 28.15 Strong Trend
DMI (+/-) 17.67 / 29.72 Downtrend

CANBK Momentum Oscillators

BUY (1) NEUTRAL (7) SELL (4)
Momentum Oscillators Value Action
RSI 39.1 Neutral
STOCHASTIC_K (Fast) 65.4 Neutral
STOCHASTIC_D (Slow) 66.94 Neutral
CCI -56.21 Neutral
PSAR 89.25 SELL
TRUE RANGE 1.78 SELL
ATR 2.93 SELL
WILLIAMS R -74.36 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 79.28 Neutral
STOCHASTIC RSI D 88.58 Overbought
MOMENTUM -4.98 SELL

CANBK Last 1 Year Trend

Duration Value
1 Year -25.33%
3 Months -13.89%
1 Month -5.42%
1 Week 2.19%

CANBK Technical Analysis Summary

Updated on 2025-02-24
Action Overall (%)
BUY 10%
NEUTRAL / HOLD 23%
SELL 67%

Most popular Questions & Answers about CANBK


Canara Bank stock last traded price is 97.45. CANBK share price moved Down by -1.89% from its previous close of Rs 99.33.

Canara Bank share price trend is Down with a total of 23756500 stocks traded till now. It has touched an intraday high of Rs 147.7445 and an intraday low of Rs 96.95. The CANBK trading at 97.45, Down by Rs. -1.88, or -1.89 percent which suggests that most of the Traders are anticipating that the price of CANBK share should go Down and the Stop Loss will be around 97.67.

The market cap of Canara Bank is ₹43685.8 (in Cr) as of Apr 30, 2025.

The current price to earning ratio for Canara Bank as of Apr 30, 2025 is 10.73.

The current price to book ratio for Canara Bank as of Apr 30, 2025 is 0.91.

The highest price of Canara Bank stock is ₹128.9 in the last 52-week.

The lowest price of Canara Bank stock is ₹78.6 in the last 52-week.

Canara Bank share trading at ₹97.45, Down by Rs. -1.88, or -1.89 percent which suggests that most of the traders are anticipating that the price of CANBK share should go Down.

In 2023, Stock price target for Canara Bank (CANBK) are ₹82.4 on downside and ₹119.4 on upside. Canara Bank share price target is based on current financial year earings of the company.

In 2024, Stock price target for Canara Bank (CANBK) are ₹119.4 on downside and ₹157.5 on upside. Canara Bank share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Canara Bank (CANBK) are ₹157.5 on downside and ₹169.4 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 ₹184 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 -1.89%. The short-term trend for CANBK share price is Down. It implies that the share price of CANBK will stay the same tomorrow and that intraday traders should treat VWAP at 97.67 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 208.6. Compared to the current market price of 97.45 INR, the CANBK stock is Undervalued by 53.3%.

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 17.4. Canara Bank book value per share as of today is 107.02. The current price to book ratio for CANBK as of May 01, 2025 is 0.91.


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 787.60 81.75 470.11
BANKBARODA 249.93 37.55 244.69
PNB 100.21 13.12 105.83
CANBK 97.45 17.4 107.02
IOB 37.40 1.61 14.97
UNIONBANK 125.78 21.37 140.22
BANKINDIA 115.15 17.64 157.73
CENTRALBK 37.06 4.18 37.09
INDIANB 565.80 75.79 475.9
UCOBANK 31.05 1.95 22.91
Updated at: 30 Apr 2025 15:31

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