Risk factor
Good trading liquidity
Profitability factor
Slightly undervalued vs peers
About
Canara Bank provides various banking products and services in India and internationally. It offers personal banking services, such as savings and deposits comprising savings accounts, current accounts, recurring deposits, fixed deposits, unclaimed deposits, deposit schemes for senior citizens, and re-investment plans; loan products, including housing, home improvement, vehicle, site, rent, teachers, gold, mortgage, housing-cum-solar, consumer,...
Company Valuation
From both historical and forecast perspectives, the stock is moderately underpriced compared to similar stocks. Specifically, the stock is 'cheap' on P/E. Editor's note
Target Price
The average target price of CANBK.NS is 125 and suggests 21% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to
Buy
Sell