look news india
A very positive news is coming for the investors of Life Insurance Corporation of India i.e. LIC and the stock market. Leading global brokerage firm Citi has given the highest ever target price on LIC stock, after which the company’s shares have witnessed a spectacular rise in the morning trade today (22 May 2026).
22 out of 26 major analysts of the market are very bullish (enthusiastic) about the stock of this government insurance company and are advising to include (buy) it in the portfolio.
Historical target of ₹1,475: What do the numbers say?
Global brokerage house Citi has given ‘Buy’ rating to LIC stock and has set a target price of ₹ 1,475 for it.
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Expected a huge gain of 83.5%: This new target price is about 83.5% higher than LIC’s previous closing price of ₹804. This is currently being considered as the highest target for LIC in the entire market.
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Market sentiment: Of the 26 analysts tracking the stock, 22 have a ‘Buy’ rating, 3 have a ‘Hold’ rating and only 1 analyst has a ‘Sell’ rating on it.
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Today’s situation: LIC shares in early trade as soon as this report comes had climbed up to 4%. However, it later gained around 2.4% amid minor fluctuations. ₹819.1 But appeared to be doing business.
Strong performance in the fourth quarter (Q4) attracted attention
According to Citi report, LIC’s recent performance has been much stronger than expected. Following are the main reasons behind this:
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Big jump in VNB margins: A huge increase of 690 basis points has been recorded in the company’s Value of New Business (VNB) margin. The main reason for this is the company’s focus on selling non-participating policies and the better response it has received.
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Attractive Valuation: The brokerage believes that the estimated enterprise value of the company by FY 2027 could be much higher than the current market value, hence the valuation of LIC at this level is very attractive for investors. However, due to some negative investment-related impacts, the company’s enterprise value also saw a slight decline of 3% as of September 2025, with an equal impact on both debt and equity.
Future plan of management: The entire focus of LIC management is currently on improving policy renewals, continuously launching new innovative products, enhancing the efficiency of its existing agents and adding new agents to the network. Apart from this, the company is also trying to expand its business through other digital and bank assurance channels outside the traditional agency.
Bernstein also expressed confidence, gave a target of ₹ 900
Another leading brokerage firm Bernstein has given ‘Market Perform’ rating on LIC stock and set a target price of ₹900. According to Bernstein’s report, the company’s new sales in the fourth quarter saw a strong growth of 22%, while the annual growth for the entire fiscal year 2026 was 18%. Strong demand for non-par products has also played a major role in this growth.
Share is still below IPO price
LIC was listed in the market in May 2022 with the country’s biggest ever IPO, but this stock has been under continuous pressure since the listing.
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Distance from issue price: Despite today’s rise, LIC’s share Down from the original issue price of ₹949. Is trading only.
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Fall from record high: The stock is down nearly 40% from its all-time record high of ₹1,222. Moreover, the stock has seen a decline of around 4% so far in the year 2026.
But now, after this new and bigger target of brokerage firms, market experts believe that LIC shares can make long-term investors rich in the coming days.
