Today, we’re going on a journey to explore the estimated Axis Bank Share Price Target for the years 2023 to 2050. We will use our Research and the company’s growth prospects to make a prediction. By the end of our journey, you will have a better understanding of the expected Axis Bank Share Price Target.
As an investor or a beginner interested in Axis Bank, it is essential to understand the potential of Axis Bank’s share price prediction. We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Axis Bank Share price target for 2023, 2025, 2030 to 2050.
Additionally, we will also take into account analyst recommendations from various brokerage firms, including target high price, target low price, mean recommendation, and key recommendation.
Overview of Axis Bank
| Name | Axis Bank |
| Industry | Banking |
| Type | Private |
| Founded | 1993 |
| CEO | Amitabh Chaudhry |
| Headquarters | Mumbai, India |
| Services | Retail banking corporate banking investment banking wealth management insurance, etc. |
| Exchange | NSE, BSE |
| Country | India |
| Locations | 4,903 branches 15,953 ATMs |
| Website | axisbank.com |
| Profile | Axis_Bank |
Keep an eye on Axis Bank’s share price today with real-time updates, and examine its performance on the stock market through comprehensive charts that display the fluctuations in Axis Bank’s share price.
Fundamentals of Axis Bank
The fundamental analysis of Axis Bank Limited focuses on key factors to better understand the company’s valuation. Various valuation techniques have been used, including the Price-to-Earnings Ratio (P/E), Price-to-Sales Ratio (P/S), Price-to-Book Value Ratio (P/B), Dividend Yield, and other Details.
Axis Bank is a leading private sector bank in India, offering a wide range of financial products and services to its customers. The bank was founded in 1993 and has its headquarters in Mumbai, India. Axis Bank operates through a network of over 4,500 branches and more than 17,000 ATMs across the country.
The bank’s product offerings include retail banking, corporate banking, and international banking, among others. Axis Bank is committed to providing innovative and customer-centric solutions to its customers and has been recognized for its excellence in various areas, including digital banking, customer service, and corporate social responsibility.
- Mutual Funds: 23.63%
- Promoter: 8.16%
- Foreign Institutions: 49.05%
- Retail And Others: 13.72%
- Other Domestic Institutions: 5.44%
| Competitor | Market Share |
|---|---|
| HDFC Bank | 23.7% |
| ICICI Bank | 19.0% |
| Kotak Mahindra Bank | 14.7% |
| Axis Bank | 10.3% |
| IndusInd Bank | 7.6% |
| RBL Bank | 3.6% |
| Bandhan Bank | 2.7% |
| Others | 10.0% |
Brokerage Firms
An effective method for evaluating the Axis Bank share price Target is by examining research reports and analyses conducted by reputable financial institutions and brokerage firms.
| DATE | AUTHOR | TARGET | TYPE |
|---|---|---|---|
| 04 JUL 2023 | KRChoksey | 1160.00 |
Buy
|
| 29 APR 2023 | KRChoksey | 1160.00 |
Buy
|
| 28 APR 2023 | HDFC Securities | 1130.00 |
Buy
|
| 28 APR 2023 | ICICI Securities Limited | 881.00 |
Buy
|
| 28 APR 2023 | Edelweiss | 1120.00 |
Buy
|
| 28 APR 2023 | IDBI Capital | 1120.00 |
Buy
|
| 28 APR 2023 | Prabhudas Lilladhar | 1140.00 |
Buy
|
| 02 MAR 2023 | Prabhudas Lilladhar | 1100.00 |
Buy
|
| 02 MAR 2023 | ICICI Securities Limited | 1130.00 |
Buy
|
| 01 MAR 2023 | Motilal Oswal | 1130.00 |
Buy
|
| 03 FEB 2023 | Geojit BNP Paribas | 1026.00 |
Buy
|
| 27 JAN 2023 | KRChoksey | 1210.00 |
Buy
|
| 24 JAN 2023 | HDFC Securities | 1200.00 |
Buy
|
| 24 JAN 2023 | IDBI Capital | 1120.00 |
Buy
|
Our Recommendation
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| Facebook Page | 👉 Click Here ☑ |
We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Axis Bank price target for 2023, 2025 to 2030, based on our Research knowledge and forecasting.
First, let’s take a look at some of the key factors that are likely to impact Axis Bank’s share price in the coming months. One of the most significant drivers of the bank’s performance is its focus on digital banking. Axis Bank has made significant investments in its digital capabilities, launching Axis 2.0, a digital bank within the bank, and introducing new products and services leveraging digital. This focus on digital banking is likely to continue to drive growth for the bank in the future.
Another important factor to consider is the bank’s recent integration with CITI business. This has led to access to a large, affluent, and profitable consumer franchise, which aligns well with Axis Bank’s premiumization strategy. The bank will be open to cross-selling its products to the Citibank customer base, significantly increasing the bank’s revenues and sustaining a strong returns ratio in FY24E/FY25E.
Based on our analysis, we believe that Axis Bank’s share price is likely to see a minimum target of ₹1,100 and a maximum target of ₹1,300 by the end of 2023. There are several reasons behind this forecast. First, the bank’s focus on digital banking is likely to continue to drive growth and attract new customers.
Second, the integration with the CITI business is expected to lead to significant revenue growth for the bank. Finally, the bank’s strong financial performance in FY23, with a consolidated ROE of 19% and significant growth in net interest income and fee income, is a positive sign for investors.
Looking ahead to 2024, we believe that Axis Bank’s share price is likely to see a minimum target of ₹1,300 and a maximum target of ₹1,500. This forecast is based on the bank’s continued focus on digital banking, which is expected to drive growth and attract new customers. Additionally, the integration with the CITI business is expected to continue to drive revenue growth for the bank.
By 2025, we expect Axis Bank’s share price to see a minimum target of ₹1,500 and a maximum target of ₹1,800. This forecast is based on the bank’s continued focus on digital banking, which is expected to drive growth and attract new customers. Additionally, the integration with the CITI business is expected to continue to drive revenue growth for the bank. We also expect the bank’s loan book to continue to grow, driven by strong trends in business momentum and improving operating performance.
By 2027, we expect Axis Bank’s share price to see a minimum target of ₹2,200 and a maximum target of ₹2,600. This forecast is based on the bank’s continued focus on digital banking, which is expected to drive growth and attract new customers. Additionally, the integration with the CITI business is expected to continue to drive revenue growth for the bank.
Looking ahead to 2030, we believe that Axis Bank’s share price is likely to see a minimum target of ₹3,000 and a maximum target of ₹3,500. This forecast is based on the bank’s continued focus on digital banking, which is expected to drive growth and attract new customers. Additionally, the integration with the CITI business is expected to continue to drive revenue growth for the bank.
Looking ahead to 2050, we believe that Axis Bank’s share price is likely to see a minimum target of ₹8,000 and a maximum target of ₹10,000. This forecast is based on the bank’s continued focus on digital banking, which is expected to drive growth and attract new customers. Additionally, the integration with the CITI business is expected to continue to drive revenue growth for the bank. We also expect the bank’s loan book to continue to grow, driven by strong trends in business momentum and improving operating performance.
The bank’s focus on cost optimization and efficiency is expected to result in improved profitability and returns for investors. Furthermore, the bank’s continued expansion into new markets and segments is expected to drive growth and create new revenue streams for the bank.
| Years | Minimum Target | Maximum Target |
|---|---|---|
| 2023 | ₹1,100 | ₹1,300 |
| 2024 | ₹1,300 | ₹1,500 |
| 2025 | ₹1,500 | ₹1,800 |
| 2026 | ₹1,800 | ₹2,200 |
| 2027 | ₹2,200 | ₹2,600 |
| 2030 | ₹3,000 | ₹3,500 |
| 2040 | ₹5,000 | ₹6,000 |
| 2050 | ₹8,000 | ₹10,000 |
Based on our analysis, the maximum share price target for Axis Bank in 2023 could be ₹1,300.
Based on our analysis, the maximum share price target for Axis Bank in 2025 could be ₹1,800.
Based on our analysis, the maximum share price target for Axis Bank in 2030 could be ₹3,500.
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I would like to remind you that I am not authorized by SEBI to provide any financial advice or recommendations. As you know, Share price prediction is not an exact science, That’s why I am conducting in-depth research and using different AI tools to predict share prices. My purpose is only educational, and I am using AI to see what the future of the stock might look like.
Disclaimer– That these Share Price Targets for “Axis Bank Share Price Target” is only provided for informational purposes only. It does not constitute a recommendation to buy, sell or hold Axis Bank stock. Investors should conduct their own research and analysis and consult with financial experts before making any investment decisions— Sharedhan.com
