Union Bank Share Price Target 2022 2023 2025 2030 Prediction

Union Bank Share Price Target

Mkt cap 34.14TCr

About Union Bank :

Union Bank Of India was incorporated in the year 1919. Its today’s share price is 50.1. Its current market capitalisation stands at Rs 33866.17 Cr. In the latest quarter, company has reported Gross Sales of Rs. 687673.35 Cr and Total Income of Rs.801041.88 Cr. The company’s management includes Priti Rao, Jayadev Madugula, Mangesh Mandrekar, Arun Kumar Singh, Madnesh Kumar Mishra, Nitesh Ranjan, Manas Ranjan Biswal, Dinesh Kumar Garg, Gopal Singh Gusain, Rajkiran Rai G.

52-wk high 54.80
52-wk low 24.450
P/E ratio 7.10
Div yield

.About Union Bank Share :

  • Union Bank of India, incorporated in the year 1919, is a banking company (having a market cap of Rs 33,900.35 Crore).
  • Union Bank of India key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances with RBI and Other Inter-Bank Funds and Interest for the year ending 31-Mar-2021.
  • For the quarter ended 30-09-2021, the company has reported a Consolidated Total Income of Rs 21,621.87 Crore, up 4.62 % from last quarter Total Income of Rs 20,666.62 Crore and up 3.89 % from last year same quarter Total Income of Rs 20,812.39 Crore.
  • The bank has reported net profit after tax of Rs 1,510.68 Crore in latest quarter.
  • The bank’s top management includes Mr.G Rajkiran Rai, Dr.Madnesh Kumar Mishra, Dr.Jayadev Madugula, Mr.K Kadiresan, Dr.Uttam Kumar Sarkar, Mr.Nitesh Ranjan, Mr.Manas Ranjan Biswal, Mr.Dinesh Kumar Garg, Mr.Gopal Singh Gusain, Mr.Arun Kumar Singh.

 

Union Bank Share Price Target 2021 Q4

  • November 2021 – 51.15 Rs
  • December 2021 – 53.20 Rs

 

Union Bank share price target 2022

  1. 2022 Jan – 49.35 Rs
  2. 2022 Feb – 50.36 Rs
  3. 2022 Mar – 51.39 Rs
  4. 2022 Apr – 52.71 Rs
  5. 2022 May – 53.10 Rs
  6. 2022 Jun –  54.95 Rs
  7. 2022 Jul –  55.90 Rs
  8. 2022 Aug – 53.95 Rs
  9. 2022 Sep –  56.99 Rs
  10. 2022 Oct – 57.50 Rs
  11. 2022 Nov –  55.55 Rs
  12. 2022 Dec –  57.65 Rs

 

Union Bank Share price target 2023  – 68.25 Rs 

Union Bank Share price target 2024 –  92.15 Rs

Union Bank Share price target 2025 –  112.50 Rs

Union Bank Share price target 2026 –  125.30 Rs

Union Bank Share price target 2027 – 138.35 Rs

Union Bank Share price target 2028 – 149.20 Rs

Union Bank Share price target 2029 – 175.80 Rs

Union Bank Share price target 2030 – 189.00 Rs

 

Union Bank Share Price Target 2022

Friends, now we will look at the Share Price Target 2022 of Union Bank, but before that we will also discuss an important point, which will make it easier to understand the target. Friends, let us see what is the Net Profit Quarterly of the company in the last one year. Union Bank’s Net Profit in June 2020 was Rs 332.74 Crore, which is a good profit. Similarly, Union Bank had net profit of Rs 516.62 crore in September 2020, Rs 726.84 crore in December 2020, Rs 1,329.77 crore in March 2021 and Rs 1,180.98 crore in June 2021. Thus, we see that the company is continuously growing in its profit. On this basis we can say that the performance Friends, if before buying the shares of Union Bank, it becomes very important to understand Finstar Rating once, which also shows the strength of a company. Friends, we want to tell you that Finstar Rating is done by the Share Market Experts of ticker.finology.in. So let’s understand Finstar Rating, after that we will know Target 2023. Finstar has given this company an overall rating of 3 Star(*). But, the company has given a rating of 3.5 stars for ownership, and is considered stable. The company has given a rating of 2 stars for valuation, and it is considered expensive. 1 Star is given for Efficiency and it is considered Poor. After that, if we see the company for Financials, then it has given a rating of 4 Star and for this Finstar has considered the company as Very Stable.of the company is better now.

According to the above analysis, it is possible that the company will grow in its net profit in the next quarter as well. Which will benefit every share holder and its share price is also likely to increase. Now let’s see what will be the Union Bank Share Price Target 2022. So, according to the technical analysis of Friends Fib Retracement, the first target is Rs 65. At the same time, the second target is Rs 77.

 

Union Bank Share Price Target 2023

Friends, if before buying the shares of Union Bank, it becomes very important to understand Finstar Rating once, which also shows the strength of a company. Friends, we want to tell you that Finstar Rating is done by the Share Market Experts of ticker.finology.in. So let’s understand Finstar Rating, after that we will know Target 2023. Finstar has given this company an overall rating of 3 Star(*). But, the company has given a rating of 3.5 stars for ownership, and is considered stable. The company has given a rating of 2 stars for valuation, and it is considered expensive. 1 Star is given for Efficiency and it is considered Poor. After that, if we see the company for Financials, then it has given a rating of 4 Star and for this Finstar has considered the company as Very Stable.

Friends, thus Union Bank is a better banking company overall, and a financially strong company. Now let’s talk about Share Price Target 2023. According to the technical analysis of Fib Retracement, the first share price target is Rs 92. But, if there is some improvement in the performance of the company and the company crosses this target, then the company will need a bigger target. For which the second target is Rs 109.

Union Bank Share Price Target 2024

Friends, we look at the Strength and Limitations of Union Bank, after that we will see the target of the year 2024. Talk about Company Strength, as we have seen that the CASA ratio of Union Bank is 36.33% and the company has a very good Profit growth of 36.69% in the last three years. The company has also made Advances growth of 26.96%. If we talk about Company Limitations, then the average ROA in the last three years is -0.27% and ROE -5.55%. In this way we see that the company has some strength, then at the same time, the company also has some weakness.

Friends, after reading the above analysis, we must have understood that the CASA ratio and profit growth of Union Bank is very good. Due to this, good growth is being seen in the company. In this way the company can grow a lot in the coming time. Let us see the Union Bank Share Price Target for the year 2024. According to the technical analysis of Fib Retracement, the first share price target is Rs 120 and the second target is Rs 135.

Union Bank Share Price Target 2025

Friends, now let’s talk about the profit and loss of Union Bank in the last 5 years, because for the prediction of the next 4-5 years of the company, it becomes necessary to see and understand the data of the last 4-5 years. Is. The company’s Net Profit in March 2017 was Rs 555.21 crore. But, from the very next year itself, the company had a loss for three consecutive years. If we see, the company’s Net Profit was -5,247.37 Crores in March 2018 and -2,947.47 Crores in March 2019 and -2,897.78 Crores in March 2020. That is, the company had a loss of Rs 5,247.37 crore, 2,947.47 crore, and 2,897.78 crore for three consecutive years. But,Now let’s talk about March 2021, then the net profit of the company was Rs 2,905.97 crore, which is a substantial profit.

Friends, now let’s talk about Union Bank Share Price Target 2025. So, we saw in the above analysis that the company was facing losses for the last three years, but in 2021 the company has made good profit. Hence, it is expected that the company will make good profit in the coming time as well. In this way the share price will also increase. According to the Technical Analysis of Fib Retracement, the first Share Price Target for the year 2025 is Rs 152. At the same time, the second target is Rs 164.

 

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Union Bank Share Price Target 2030

Friends, now let’s see what can be the share price target of Union Bank in the year 2030. But, before that it is necessary to understand that how difficult it will be to predict about 9-10 years from today, because by that time a lot would have changed. If we see what is the performance of Union Bank in front of other companies in the banking sector, then it is at 6th position in top 10 companies. If we compare it with Canara Bank, then the market cap of Canara Bank is Rs 35,925.56 crore and its share price is Rs 197.25, while the market cap of Union Bank is Rs 34,925.56 crore and the share price is Rs 51.10. On this basis, we can say that its share price is expected to increase further.