Yes Bank Share Price Target for Tomorrow, 2023, 2025, 2027, 2030 and Long Term
This post was most recently updated on September 28th, 2023
Yes Bank is probably one of the famous banking stocks in the Penny Stocks Category. In this comprehensive guide, we’ll look at the Yes Bank Share Price target for 2023, 2025, 2027, 2023, and the long term.
The bank has a network of over 1,100 branches and 1,400 ATMs across the country. The bank also operates an international banking unit at GIFT City and a representative office in Abu Dhabi.
The bank’s subsidiaries include Yes Securities, Yes Asset Management, and Yes Trustee Services.
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Page Contents
Yes Bank Share Price Target 2023, 2025, 2027, and 2030
| Year | Fair Value Per Share (Rs) | Margin of Safety (20%) (Rs) | Yes Bank Share Price Target (Rs) |
|---|---|---|---|
| 2023 | 18.12 | 3.62 | 14.50 |
| 2024 | 19.93 | 3.99 | 15.94 |
| 2025 | 21.88 | 4.38 | 17.50 |
| 2026 | 24.00 | 4.80 | 19.20 |
| 2027 | 26.29 | 5.26 | 21.03 |
| 2028 | 28.75 | 5.75 | 23.00 |
| 2029 | 31.41 | 6.28 | 25.13 |
| 2030 | 34.28 | 6.86 | 27.42 |
| 2031 | 37.39 | 7.48 | 29.91 |
| 2032 | 40.76 | 8.15 | 31.25 |
The Yes Bank Share price target for 2023 is Rs 14.50, for 2025, it is Rs 17.50, for 2027, it is Rs 21; and for 2030, it is Rs 27.50.
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Yes Bank Share Price Target 2023
The Yes Bank Share Price Target 2023 is Rs 14.50 after considering a margin of safety of Rs 3.62. The bank has been battling with long-standing asset quality issues.
| Year | Fair Value Per Share (Rs) | Margin of Safety (20%) (Rs) | Yes Bank Share Price Target (Rs) |
|---|---|---|---|
| 2023 | 18.12 | 3.62 | 14.50 |
Yes Bank Share Price Target 2025
The Yes Bank Share Price Target 2023 is Rs 17.50 after considering a margin of safety of Rs 4.38.
| Year | Fair Value Per Share (Rs) | Margin of Safety (20%) (Rs) | Yes Bank Share Price Target (Rs) |
|---|---|---|---|
| 2023 | 21.88 | 4.38 | 17.50 |
Yes Bank Share Price Target 2027
The Yes Bank Share Price Target 2027 is Rs 21.03 after considering a margin of safety of Rs 5.26. The bank has been battling with long-standing asset quality issues.
| Year | Fair Value Per Share (Rs) | Margin of Safety (20%) (Rs) | Yes Bank Share Price Target (Rs) |
|---|---|---|---|
| 2023 | 26.29 | 5.26 | 21.03 |
Yes Bank Share Price Target 2030
The Yes Bank Share Price Target 2023 is Rs 14.50 after considering a margin of safety of Rs 6.86. The bank has been battling with long-standing asset quality issues.
| Year | Fair Value Per Share (Rs) | Margin of Safety (20%) (Rs) | Yes Bank Share Price Target (Rs) |
|---|---|---|---|
| 2023 | 18.12 | 6.86 | 27.42 |
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Yes Bank Share Price: Past Performance
Yes Bank’s share price has been on a downward trend since 2018 when it faced several challenges such as asset quality deterioration, management reshuffles, regulatory actions, and capital erosion.
Yes Bank’s share price plunged from a high of Rs 404 in August 2018 to a low of Rs 5.55 in March 2020, wiping out over 98% of its market value.
The bank was also put under a moratorium by the Reserve Bank of India (RBI) in March 2020, which restricted its operations and imposed limits on withdrawals by depositors.
The bank was rescued by a consortium of lenders led by the State Bank of India (SBI), which infused Rs 10,000 crore as part of a reconstruction scheme approved by the RBI.
The scheme also involved a write-down of Rs 8,415 crore worth of additional tier-1 bonds issued by the bank, which resulted in losses for many investors. The bank’s shareholding pattern also changed significantly, with SBI becoming the largest shareholder with a 30% stake, followed by other domestic and foreign investors.
Since then, the bank has been working on restoring its financial health and credibility under the new management led by CEO Prashant Kumar. The bank has taken several measures, such as raising capital, improving liquidity, strengthening governance, resolving bad loans, enhancing digital capabilities, and rationalizing costs.
The bank has also reported improvement in its key financial parameters such as net interest income, operating profit, net profit, deposits, advances, and capital adequacy ratio in recent quarters.
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Technical Analysis of Yes Bank Share Price
Technical analysis is a method of analyzing the price movements and trends of securities using historical data, charts, and indicators. Technical analysis helps to identify the support and resistance levels, the trend direction and strength, the momentum and volatility, the trading patterns and signals, and the entry and exit points for trading.
Chart Analysis of Yes Bank Share Price
The chart below shows the daily price movements of Yes Bank shares for the last year:
Source: Trading View
As seen from the chart, Yes Bank’s share price has been trading in a range of Rs 12 to Rs 20 for most of the year, with occasional spikes and dips. The share price has also been moving along a downward-sloping trend line, indicating a bearish trend.
The share price has also been below the 50-day and 200-day moving averages, indicating a lack of momentum and strength.
The share price has recently tested the upper end of the range at Rs 18.2, which also coincides with the trend line resistance and the 200-day moving average. The share price has faced selling pressure at this level and has retraced back to Rs 18.
The share price is also below the 50-day moving average, which is acting as a dynamic resistance.
The share price is likely to remain range-bound in the near term unless it breaks out of the range convincingly. A break above Rs 18.2 could signal a reversal of the downtrend and open up the possibility of a rally towards Rs 22 and Rs 24, which are the next resistance levels.
A break below Rs 17 could signal a continuation of the downtrend and open up the possibility of a fall toward Rs 16 and Rs 14, which are the next support levels.
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Indicator Analysis of Yes Bank Share Price
The indicators below show the sentiment, momentum, and volatility of Yes Bank shares:
- Relative Strength Index (RSI): The RSI is currently at 54, indicating a neutral sentiment. The RSI has also been oscillating between 40 and 60 for most of the year, indicating a lack of clear direction. The RSI needs to break above 60 or below 40 to indicate a strong momentum in either direction.
- Moving Average Convergence Divergence (MACD): The MACD is currently positive, indicating a bullish bias. However, the MACD line is below the signal line, indicating a bearish crossover. The MACD histogram is also shrinking, indicating a loss of momentum. The MACD needs to cross above the signal line and expand its histogram to indicate a strong bullish momentum.
- Bollinger Bands: The Bollinger Bands are currently narrow, indicating low volatility. The share price is also near the middle band, indicating no clear trend. The Bollinger Bands need to widen, and the share price needs to move above or below the bands to indicate high volatility and a strong trend.
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Closing Thoughts on Yes Bank Share Price Target 2023, 2025, 2027, and 2030
As we close this analysis of the ‘Yes Bank Share Price Target,’ we hope this deep dive has shed light on your investment pathway.
Armed with market analysis, expert predictions, and insights into the bank’s financial health, you should now have a more concrete understanding of the potential of Yes Bank shares.
Keep in mind, the world of finance is dynamic, constantly morphing to the rhythm of economic trends and unforeseen circumstances. This is why it’s crucial to stay updated, make informed decisions, and, most importantly, have patience.
Consider reading: Top 100 Small Cap Stocks in India
The stock market isn’t a get-rich-quick scheme, but a marathon that requires persistence and strategy.
FAQs on Yes Bank Share Price Target 2023, 2025, 2027, and 2030
What is Yes Bank Share Price Target 2023?
The target price for Yes Bank shares in 2023 is set at Rs 14.50, factoring in a safety margin of Rs 3.62. The bank continues to grapple with persistent asset quality challenges.
What is the target for Yes Bank in 2025?
Yes Bank’s target for 2025 is to achieve significant returns on retail loans. The share price is anticipated to reach around ₹45, and thereafter, the second target is set at ₹48. This projection is based on the positive performance of Yes Bank in the retail loan sector. Investors can expect favorable outcomes in the coming years.
Is Yes Bank safe for long-term investments?
Yes, the Yes Bank is safe for long-term investment. Despite the end of the lock-in period and high volatility, the shares have the potential to reach ₹55 to ₹60 per share in the next three to four years. Investors should not be overly concerned.
