Analysts have slightly raised their price target for Canara Bank from ₹125.34 to ₹126.19. This change reflects improved profit margin forecasts and marginally higher future earnings expectations.
What's in the News
- A board meeting is scheduled for October 30, 2025, to consider and approve the unaudited standalone and consolidated financial results for the second quarter and half year ended September 30, 2025 (Key Developments).
- A special or extraordinary shareholders meeting will be held on September 25, 2025, at 11:00 Indian Standard Time, with an agenda to consider the election of a Shareholder Director (Key Developments).
Valuation Changes
- Consensus Analyst Price Target has risen slightly from ₹125.34 to ₹126.19.
- Discount Rate increased marginally from 15.03% to 15.05%.
- Revenue Growth forecast remains unchanged at 11.15%.
- Net Profit Margin is projected to improve slightly, moving from 26.54% to 26.62%.
- Future P/E ratio has risen minimally from 8.28x to 8.32x.
Disclaimer
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