Today, we’re going on a journey to explore the estimated ICICI 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 ICICI Bank Share Price Target.
ICICI 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 1994 and is headquartered in Mumbai, India.
ICICI Bank has a strong presence in India, with over 5,000 branches and 15,000 ATMs across the country. The bank offers a range of services including retail banking, corporate banking, investment banking, mortgage loans, private banking, wealth management, credit cards, insurance, and more.
The bank is led by CEO Sandeep Bakhshi. The bank has a strong focus on digital banking and has been investing heavily in technology to enhance its digital capabilities. ICICI Bank has launched several digital platforms and services, including iMobile Pay, InstaBIZ, and Merchant STACK, to cater to the growing demand for digital banking services in India.
In addition to its operations in India, ICICI Bank has a presence in several other countries, including the United States, Canada, the United Kingdom, Singapore, Bahrain, Hong Kong, Sri Lanka, Qatar, and Dubai. The bank offers a range of international banking services, including trade finance, remittances, and foreign currency loans.
Overview of ICICI Bank
| Name | ICICI Bank Limited |
| Symbol | ICICIBANK |
| Industry | Banking |
| Founded | 1994 |
| CEO | Sandeep Bakhshi |
| Headquarters | Mumbai, India |
| Country | India |
| Locations | Over 5,000 branches and 15,000 ATMs across India |
| Website | icicibank.com |
| Profile | ICICI_Bank |
We will analyze the performance of the company’s shares in recent times and provide you with a well-researched ICICI Bank Share price target for 2023, 2025, 2030 to 2050.
Keep an eye on ICICI 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 ICICI Bank’s stock price.
Additionally, we will also take into analyst recommendations from various brokerage firms, including target high price, target low price, mean recommendation, and key recommendation at the end of the article.
Above, the chart presents historical prices for ICICI Bank stock, illustrating its trending behavior. Below, the table provides detailed data on the stock’s open, high, low, and close prices, offering a comprehensive perspective for stock analysis.
Brokerage Firms
An effective method for evaluating the ICICI Bank share price Target is by examining research reports and analyses conducted by reputable financial institutions and brokerage firms.
| DATE | AUTHOR | TARGET | TYPE |
|---|---|---|---|
| 28 JUL 2023 | KRChoksey | 1195.00 |
Buy
|
| 24 JUL 2023 | HDFC Securities | 1200.00 |
Buy
|
| 24 JUL 2023 | Axis Direct | 1250.00 |
Buy
|
| 24 JUL 2023 | BOB Capital Markets Ltd. | 1015.00 |
Hold
|
| 24 JUL 2023 | IDBI Capital | 1240.00 |
Buy
|
| 23 JUL 2023 | Motilal Oswal | 1150.00 |
Buy
|
Fundamentals of ICICI Bank
The fundamental analysis of ICICI Bank Limited focuses on key factors to better understand the company’s valuation.
We will analyze the performance of the company’s shares in recent times and provide you with a well-researched ICICI Bank price target for 2023, 2025 to 2030, based on our Research knowledge and forecasting.
Our analysis suggests that ICICI Bank’s share price target for 2023 could range between ₹1,100 and ₹1,250. This is based on the bank’s strong financial performance in the first quarter of 2023, with a 38% YoY growth in core operating profit and a 40% YoY growth in profit after tax. Additionally, the bank’s total period-end deposits grew by 17.9% YoY, indicating a strong customer base and market position.
For 2024, we predict that ICICI Bank’s share price target could range between ₹1,300 and ₹1,450. This is based on the bank’s consistent growth in core operating profit and profit after tax, as well as its strong domestic loan portfolio and provision coverage ratio. The bank’s net NPA ratio has also remained stable, indicating a healthy asset quality.
Our analysis suggests that ICICI Bank’s share price target for 2025 could range between ₹1,500 and ₹1,650. This is based on the bank’s continued growth in core operating profit and profit after tax, as well as its expanding customer base and market share. The bank’s digital initiatives and focus on innovation could also contribute to its growth in the coming years.
Our analysis suggests that ICICI Bank’s share price target for 2027 could range between ₹2,000 and ₹2,150. This is based on the bank’s continued growth in core operating profit and profit after tax, as well as its expanding presence in the international market. The bank’s focus on digital transformation and innovation could also contribute to its growth in the coming years.
For 2030, we predict that ICICI Bank’s share price target could range between ₹2,500 and ₹2,750. This is based on the bank’s strong financial position and consistent growth in core operating profit and profit after tax, as well as its expanding customer base and market share. The bank’s focus on sustainable finance and ESG initiatives could also contribute to its growth in the long term.
Our analysis suggests that ICICI Bank’s share price target for 2035 could range between ₹3,500 and ₹3,750. This is based on the bank’s continued growth in core operating profit and profit after tax, as well as its expanding presence in the international market. The bank’s focus on digital transformation and innovation could also contribute to its growth in the coming years.
Our analysis suggests that ICICI Bank’s share price target for 2050 could range between ₹6,000 and ₹6,250. This is based on the bank’s continued growth in core operating profit and profit after tax, as well as its expanding presence in the international market. The bank’s focus on digital transformation and innovation could also contribute to its growth in the coming years.
Analyst Recommendations
ICICI Bank Buy or Sell
Daily Low / High
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| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2023 | ₹1,100 | ₹1,250 |
| 2024 | ₹1,300 | ₹1,450 |
| 2025 | ₹1,500 | ₹1,650 |
| 2026 | ₹1,750 | ₹1,900 |
| 2027 | ₹2,000 | ₹2,150 |
| 2030 | ₹2,500 | ₹2,750 |
| 2035 | ₹3,500 | ₹3,750 |
| 2040 | ₹4,500 | ₹4,750 |
| 2050 | ₹6,000 | ₹6,250 |
– As of 8 September 2023, the current share price of ICICI Bank is ₹971.80 Check out today’s current share price.
– Based on our analysis, the maximum share price target for ICICI Bank in 2023 could be ₹1,250.
– According to Google historical data, the price of ICICI Bank on 1 Jan 1999 was ₹4.08.
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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– These Share Price Targets for “ICICI Bank Share Price Target” are only provided for informational purposes only. It does not constitute a recommendation to buy, sell, or hold ICICI Bank stock. Investors should conduct their own research and analysis and consult with financial experts before making any investment decisions— Sharedhan.com
