LIC Share Price Target 2023, 2024, 2025, 2030 – Ultimate Guide

Last updated on May 30th, 2023 at 08:49 pm

The ultimate guide for LIC Share Price Target 2023, 2024, 2025, 2026, and 2030. In the article, you will get all trends of LIC Share Price Targets for upcoming years. We will try to explore all the possibilities of this giant company’s share price prediction for upcoming years considering various target.

Today, besides targeting different goals for stock, we will try to analyze a company’s business opportunities considering low to high-budget investment plans. We will also see how the cost of the LIC share price will go to the bottom line as the Life Insurance Corporation of India LIC share price targets 2023, 2024, 2025, 2026, and 2030

LIC Share Price Target 2023

As the name depicts Life Insurance is the biggest brand value for the Life Insurance company in India, LIC (Life Insurance of India) is one of the biggest companies in the insurance sector with a total share market value of 65%.

Every customer has faith in the face value of the company and they only believe to buy insurance from the reputed company as the name looks like Life Insurance of India (LIC).

This has huge potential to grow the company in the market.

You can probably consider your first-half LIC Share Price Target 2023 is 745.23. After achieving the first target you may mark the second half target for LIC share price target 2023 as 828.64.

LIC Share Price Target 2024

Life Insurance Corporation of India has a huge network of distribution with 15 Lakh agents who continuously work for LIC to sell its product to customers. Due to this huge network distribution, Life Insurance Corporation of India has made successful selling policies all over India. Other insurance companies are not very successful to mark the target to sell policies as much as LIC. This is all with the cooperation of the agents and employees who are making day and night contributions to grow the company.

Keeping this in view, you can assume LIC Share Price Target for 2024 is Rs. 1250.45. For the first term target for the LIC share price is 925.45 and second term target you can assume 932.52.

Please note that all these LIC Share Price Target assumptions are made using statistical data from different sources and this is only an estimation and may not be accurate for individual purpose investment.

LIC Share Price Target 2025

Life Insurance Corporation of India is offering different products related to life insurance to its customers. The company has a life insurance policy for every age group of customers. There are approximately 42 products of which 15 are life insurance products to target every age group of person.

LIC always keeps going to launch updated term plans for the benefit of its customers and to sell more policies to customers.

However LIC is a government company, so every customer easily gets trust and satisfaction.

Now, for the LIC share price target for 2025, you can assume its share price for the first target is around 1012.45, and for the second target share price can raise up to 1036.48.

Please note all these assumptions are based on different estimations. These may not be accurate.

LIC Share Price Target 2026

LIC is targeting its customer using different types of products which includes the following –

• Insurance Plan
• United Linked Plan
• Micro Insurance Plan
• Withdrawn Plan
• Pension Plan
• Health Plan & etc.

An individual can target using different assumptions based on the above-mentioned product category. For example, in health plans, every person wants to get insurance or a policy from a trusted company for their term insurance. Everyone is aware of life in this world so there is huge potential for this. The company can get a hike using different types of strategies keeping in mind the health condition of individuals and start to sell health plans to customers.

The company has a number of targeting lists of products by which it can keep growing. Keeping in mind having a list of products you may assume the first target for LIC Share Price 2026 is Rs. 1520.45 and for the second share price target Rs. 1610.48.

LIC Share Price Target 2030

For the target value, you have to make an estimation using the last five-year data. By launching different types of products, LIC always tries to make its customer happy with the company’s services. The average target of the Life Insurance Corporation of India is Rs. 865.65.

According to various reports every year there is an upside of 22.99% from the previous year of share price target.

For the LIC share price target 2030, various brokers estimate its target 1646.42 By reduced price target share price may drop in different sector plans. For the running second share price target of 2030, you can estimate is 1695.45.

Before predicting the share price target you must consider the RECOS ratio. This is the only indicator that makes earnest share price for long-term investment.

LIC Share Price Target 2023, 2024, 2025, 2030 – Tabular information is given below:-

Must Read – L&T Share Price Target 2022, 2023, 2024, 2025, 2030

Conclusion

Keeping the growth of the government insurance sector company (Life Insurance Corporation of India) in mind, an individual makes a decision on the assumption that the current share price has an up trend & starts investing in the company. However, this is only based on personal choice to invest. All above mention figures are based on different sources and self-made figures and tables. Before making an investment in any company or buying shares, make ensure you must have consulted with experienced stock market advisors.

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