PNB Share Price Target 2022 2023 2025 2030 Prediction

PNB (Punjab National Bank) Share Price Target

Mkt cap 46.52TCr

About PNB (Punjab National Bank) :

Punjab National Bank, abbreviated as PNB, is an Indian nationalised bank. Headquartered at New Delhi, India, it is under the ownership of the Ministry of Finance, government of India.

 

52-wk high 48.20
52-wk low 26.75
P/E ratio 11.94

About PNB Share Price :

  • Punjab National Bank, incorporated in the year 1969, is a banking company having a market cap of Rs 46,686.71 Crore.
  • For the quarter ended 30-09-2021, the company has reported a Consolidated Total Income of Rs 21,597.11 Crore, down 5.34 % from last quarter Total Income of Rs 22,815.41 Crore and down 9.42 % from last year same quarter Total Income of Rs 23,844.13 Crore.
  • The bank has reported net profit after tax of Rs 1,104.25 Crore in latest quarter.
  • The bank’s top management includes Mr.S S Mallikarjuna Rao, Mr.Pankaj Jain, Mr.Gautam Guha, Dr.Asha Bhandarker, Mr.Vijay Dube, Mr.Sanjay Kumar, Mr.Swarup Kumar Saha, Mr.Agyey Kumar Azad, Mr.S S Mallikarjuna Rao, Mr.Vivek Aggarwal, Mr.Pankaj Jain, Mr.Gautam Guha.
  • Punjab National Bank (PNB) is a state-run bank headquartered in New Delhi. The bank has a network of 6,941 domestic branches and 9,753 ATMs, as of September 30, 2017, according to its website.

PNB Share Price Target 2021 Q4

  • November 2021 – 43.20 Rs
  • December 2021 – 44.50 Rs

 

PNB share price target 2022

  1. 2022 Jan – 46.00 Rs
  2. 2022 Feb – 48.10 Rs
  3. 2022 Mar – 52.50 Rs
  4. 2022 Apr – 42.10 Rs
  5. 2022 May – 49.65 Rs
  6. 2022 Jun –  55.35 Rs
  7. 2022 Jul –  59.15 Rs
  8. 2022 Aug – 51.05 Rs
  9. 2022 Sep –  53.89 Rs
  10. 2022 Oct – 58.35 Rs
  11. 2022 Nov –  60.95 Rs
  12. 2022 Dec –  61.26 Rs

 

PNB share price target 2023  – 65.25 Rs 

PNB share price target 2024 –  59.15 Rs

PNB share price target 2025 –  70.50 Rs

PNB share price target 2026 –  90.30 Rs

PNB share price target 2027 –  120.35 Rs

PNB share price target 2028 – 135.20 Rs

PNB share price target 2029 – 146. 80 Rs

PNB share price target 2030 – 188.00 Rs

 

Punjab National Bank PNB share price target 2022

Punjab National Bank (PNB) which is associated with Indian Banking and Financial which is slowly moving towards good performance out of difficult circumstances. The way PNB is showing good growth in its financial results, it can be expected that it will be able to show good performance in the coming days as well.

Gradually, the bank is also continuously improving its assets quality, due to which PNB is becoming a strong PSU bank.

Due to this strong position of the bank, PNB share price target by 2022 gives you full hope of showing the first target of Rs 54 with good returns. After this target, you will soon be seen showing another target of Rs 62.

 

PNB share price target 2023

Due to PNB being the second largest PSU bank in the country, you will get to see its network everywhere. The company has more than 12248 branches across the country, along with it, more than 13000 companies have ATM network.

You get to see branches of PNB in ​​India as well as in many countries like Bhutan, UK, Nepal, Bangladesh, Dubai etc. Despite having such a strong network, the management is continuously increasing it.

Looking at the growing network of the bank, with good growth in profit share price, you are going to see the first target of Rs 76 by 2023. After that you can look for another target for Rs 85.

Punjab National Bank PNB share price target 2025

If the CASA Ratio of any bank is seen to be good, then its profit will also increase accordingly. If we look at the CASA Ratio of PNB, it is seen around 45 percent, which has managed to maintain good growth compared to the average of other PSU banks.

Due to the increasing CASA Ratio of PNB, the bank gets money from the customer at a very low rate and the bank is seen lending that money to others with a good interest rate. Due to which banks are seen earning profits with good amount.

If the banks are seen keeping the growth of CASA Ratio even further, then by 2025 you are expected to touch the first target of Rs 102 with good growth in profit by PNB share price target. Then Rs 115 can be thought of to hold for another target.

PNB share price target 2030

The management of Punjab National Bank seems to be making a lot of improvement in the loan book by continuously correcting their old mistake. For which the management is gradually increasing the focus on retail loans instead of corporate loans.

The risk of loss of money is very less in comparison to the retail loan corporate loan. Due to the bank’s focus on retail, there is a slight improvement in NPAs.

In the coming years, if the bank is able to keep NPAs under control, in the long run, the stock price is going to be trading around Rs 235 with good returns in the stock till 2030.

 

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Future of PNB share

As PNB is adopting IT technology to strengthen its banking service, it is expected to grow the business with good growth in future. But there is still a lot of work to be done to improve your banking service, in the future, when the banking service will be seen getting better, you are going to see growth in the stock accordingly.

Punjab National Bank is slowly looking to strengthen Financial and Fundamental as well, due to which you can fully expect to see the stock price on a good strong position in future. But PNB being a public sector bank, you may see slightly lower returns as compared to other private sector banks.