J&KBANK (Mid Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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The Jammu and Kashmir Bank Limited |
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Price: ₹97.24 | ||
| 52 Week Low: ₹88.11 52 Week High: ₹152.50 |
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| Market Capital: 10,447.99 Crore (Midcap) | |||
| Financial Services -> Banks - Regional | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: J&KBANK Share Price Target For 2024
- 1.1.1: J&KBANK Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: J&KBANK Share Price Target For 2025
- 1.2.1: J&KBANK Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: J&KBANK Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: J&KBANK Brief Company Overview
- 4: J&KBANK Financial Performance
- 4.0.1: Is J&KBANK A Good Buy For Long Term?
To predict the J&KBANK's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
J&KBANK Share Price Target For 2024
The line chart displays the monthly closing prices of J&KBANK with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for J&KBANK shares in 2024, see the table below.
J&KBANK Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 101.5 (+4.38%) | Price Action: 06 Nov 2024 High |
| 2024 Target 2 | 100.45 (+3.3%) | Price Action: 13 Dec 2024 Low |
| 2024 Target 1 | 99.35 (+2.16%) | Price Action: 28 Oct 2024 High |
| Current Price | 97.24 | J&KBANK's share price as of 23 Dec 2024 |
| Stop Loss 1 | 96.26 (-1.01%) | Price Action: 30 Oct 2024 Low |
| Stop Loss 2 | 94.8 (-2.5%) | Price Action: 24 Oct 2024 High |
| Stop Loss 3 | 93.32 (-4.04%) | Price Action: 22 Nov 2024 Low |
Short-Term Technical Outlook
Current Technical Position: J&KBANK is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 50-day moving average at ₹99.22 serves as the nearest technical reference point.
Historical Returns: 3-month: -10.27% | 6-month: -14.27% | 1-year: -20.27%
J&KBANK Share Price Target For 2025
The line chart displays the monthly closing prices of J&KBANK with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for J&KBANK shares in 2025, see the table below.
J&KBANK Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 141.17 (+45.17%) | Price Action: Chart |
| 2025 Target 2 | 138.54 (+42.47%) | Price Action: Chart |
| 2025 Target 1 | 137.17 (+41.06%) | Fibonacci Extension Level 64.90% |
| Current Price | 97.24 | J&KBANK's share price as of 23 Dec 2024 |
| Stop Loss 1 | 88.11 (-9.39%) | Price Action: Oct 2024 Low |
| Stop Loss 2 | 86.3 (-11.26%) | Price Action: Jul 2012 High |
| Stop Loss 3 | 85.12 (-12.47%) | Price Action: Nov 2017 High |
Long-Term Technical Outlook
52-Week Range Analysis: J&KBANK is currently trading near its 52-week low of ₹88.11, indicating potential value opportunity.
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: -20.27% | 3-year: +173.35% | 5-year: +232.94%
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Approach 2: Machine Learning By Studying Historical Prices
J&KBANK Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹97.24 | ||
| 2024 | ₹99.71 | +2.54% | ₹101.21 |
| 2025 | ₹99.04 | -0.67% | ₹100.53 |
| 2026 | ₹92.78 | -6.32% | ₹99.55 |
| 2027 | ₹99.25 | +6.97% | ₹100.74 |
| 2028 | ₹88.49 | -10.84% | ₹94.09 |
| 2029 | ₹81.52 | -7.87% | ₹96.17 |
| 2030 | ₹80.29 | -1.5% | ₹91.00 |
| 2031 | ₹74.53 | -7.17% | ₹85.83 |
| 2032 | ₹78.92 | +5.89% | ₹80.66 |
| 2033 | ₹69.59 | -11.82% | ₹74.76 |
| 2034 | ₹63.33 | -8.99% | ₹75.49 |
| 2035 | ₹64.19 | +1.35% | ₹70.32 |
| 2036 | ₹105.94 | +65.04% | ₹107.53 |
| 2037 | ₹118.16 | +11.53% | ₹120.23 |
| 2038 | ₹110.02 | -6.88% | ₹112.42 |
| 2039 | ₹106.49 | -3.2% | ₹120.47 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
J&KBANK Brief Company Overview
Company Overview: Jammu and Kashmir Bank Limited Established in 1938, Jammu and Kashmir Bank Limited is a renowned financial institution headquartered in Srinagar, India. With a rich history spanning over eight decades, the bank has established a strong presence in...
the banking sector, offering a diverse range of products and services. Key Products and Services: Savings and current accounts Term deposits Housing, consumer, and business loans Cash credit schemes Gold loans Government-sponsored schemes Insurance products Debit and credit cards Merchant acquiring services Reputation and Commitment: Jammu and Kashmir Bank Limited has built a reputation for its commitment to customer satisfaction and financial inclusion. The bank's diverse product range caters to the needs of individuals, small businesses, and large corporations, demonstrating its commitment to serving a wide segment of the market.J&KBANK Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 10,447.99 Crore | Market valuation of J&KBANK's shares. |
| Revenue (TTM) | 5,847.82 Crore | Total revenue generated by J&KBANK over the past twelve months. |
| Net Income (TTM) | +2,027.49 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +44.4% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +34.67% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+10.9% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+44% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
0.21 | Company's total debt divided by total shareholder equity. |
| Total Debt | 2,884.45 Crore | Sum of J&KBANK's current & long-term financial obligations. |
| Total Cash | 7,550.51 Crore | Total amount of liquid funds available to J&KBANK. |
| Beta | 1.2 | Beta is greater than 1 indicating that the J&KBANK's price is more volatile than the market. |
Is J&KBANK A Good Buy For Long Term?
J&K Bank, a mid-cap stock with a market capitalization of ₹10,447.99 crore, shows mixed signals. While its strong profit margin of 34.67% (net profit ₹2,027.49 crore on revenue of ₹5,847.82 crore) and substantial cash balance (₹7,550.51 crore) are positive, the considerable debt (₹2,884.45 crore) and recent negative returns (-13.69% past 3 months, -27.15% YTD) raise concerns. The impressive 3-year return (308.50%) suggests past growth, but current performance is underwhelming. Therefore, it's an average buy for the long term, requiring close monitoring of debt reduction and revenue growth.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
