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Yes Bank Share Price Target – 2022, 2023, 2024, 2025, 2026 and 2030

Tags: bank

In the year 2020, the Reserve Bank of India took over the company to avoid its collapse and named State Bank of India’s former CFO as Yes Bank’s managing director. They also reconstructed the whole board. Currently, State Bank of India has a 30% stake in the company’s which makes it an associate company.

Yes Bank Share Price Details

Source: Wikipedia

Yes Bank has three subsidiaries – YES Securities (India) Limited, YES Trustee Limited, and YES Asset Management (India) Limited. Yes Bank acquired over 24.19% stake in Dish TV, India’s largest direct-to-home (DTH) company in terms of subscribers, on 30 May 2020.

Yes Bank is listed on the Bombay Stock Exchange and the National Stock Exchange of India. It also has its bonds listed on the London Stock exchange. In September 2020, ICRA upgraded its ratings on securities issued by Yes Bank Ltd which regained public confidence in the company.

Yes Bank shares are currently trading at ₹12.55 per share, Let us now look into the predicted share price targets for the below mentioned years.

Yes Bank Share Price Target – 2022

Yes Bank share price in 2022 could be around ₹15

Yes Bank Share Price Target – 2023 & 2024

According to our chart analysis what we found is Yes bank share wouldn’t exceed ₹15 this year 2022, due to drastic market fall.

Yes Bank share price in 2023 could be around ₹17

Affirming the analysis done by stock market experts and the economic condition of Yes Bank, the target price of Yes Bank in 2023 can be around Rs 17 and the second share target could be somewhere around ₹25. Yes Bank share is a risky stock as of now, however, Yes Bank is trying its best for revival. The Debt equity ratio of the bank is also decreasing and profit is also increasing.

The current price of Yes Bank shares is around 12 rupees. With the Bank’s fundamentals now changing, It’s decreasing the loss and expanding its business very fast. We can expect the business to start showing profits soon within 1-2 years, a few positive events could change the direction of the stock, but whether those events will ever occur or not — it is difficult to say, especially if you closely observe the results and management commentary around quarter-end results.

Yes Bank Share Price Target – 2026

Yes Bank share price in 2026 could be around ₹85

Long-term shareholders of the Yes bank stock could expect good returns in the distant future as the bank is currently giving more retail loans than corporate loans. Yes Bank’s first target in 2026 is Rs 85 and the second target is expected to be Rs 90.

All of the bank’s performances in such a far point in time depending upon the actions of the Reserve Bank of India. The fundamental analysis never includes future business & execution plans. An indication of future working is indicated when it repaid 5000 cr to SBI in a short span of time.

Yes Bank shares can also reach Rs 100. But this may take a long time. Many retail investors are showing their trust in Yes Bank.

Yes Bank Share Price Target – 2030

Yes Bank share price in 2030 could be around ₹150

Post reconstruction, the bank seems to be going in the right direction and doing all the right things to be a righteous as well as a successful bank. The management is working very hard to turn things around in a good way for the future of the bank.

The bank continues its efforts to build a strong future with the contribution of retail advances compared to total advances. Yes bank has been adapting to digitalization very well as In October 2017, the bank launched a digital wallet known as Yes Pay, integrating with BHIM and UPI.

On 3 November 2017, Yes Bank signed a MoU with the government to provide ₹1,000 crore (equivalent to ₹12 billion or US$160 million in 2020) financing for food processing projects. We expect the Yes bank price target to be around Rs 400 by the year 2030. The focus with respect to corporate advances is to keep the working capital of the company high and the NPA at a low rate.

YearYes Bank Share Price Target
202215
202317
202430
202565
202685
202799
2028120
2029135
2030150

Conclusion

YES Bank as a fundamentally strong company has been going through the reconstruction phase, and it is impractical to expect any company going through this phase to emerge successfully without taking time for it. This is also the case with yes bank, we expect it to emerge successfully but it will take its own due course.

Things to take away for the good is that the board of directors have been working hard towards shifting the momentum of the bank.



This post first appeared on StockIPO - Latest Updates On Upcoming IPO's, please read the originial post: here

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Yes Bank Share Price Target – 2022, 2023, 2024, 2025, 2026 and 2030

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