Union Bank Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030) | Union Bank of India Businesses, Future Plans, Technical and more
The stock we are going to analyze in this article is related to the banking sector. So there are chances of getting good returns from this stock in future and it has already given good returns. 10-12 years back this company had made its high of 399 and today it is trading around 90 rupees.
Investors says that this stock has full potential to break the high, so we are going to analyze it. So read this article completely so that you can take a good decision whether it will be right to invest in it or not.
Hey friends, I am Sachin an author of wasteorinvest.com. In this article, we are going to understand the business of Union Bank of India. Along with this we will also look at its financials and fundamentals. And after understanding all these in details, we will try to predict Union Bank Share Price Target as well.
About Union Bank
Union Bank of India is a full- service bank that offers a wide range of banking and fiscal products and services to individualities and businesses. Some of the products and services offered by Union Bank of India include checking and savings accounts, credit cards, loans, mortgages, online and mobile banking, investment services, and marketable banking.
Union Bank operates primarily in the western United States, with branches in California, Oregon, and Washington. Union Bank is a attachment of Union Bankshares,Inc., which is a intimately traded company.
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Union Bank Fundamentals
|₹ 11,63,059 Cr.
|Debt To Equity
Union Bank Financial Trends
If we talk about the Revenue and Profit of Union Bank then –
Its revenue in 2019 has been ₹ 39,355 Cr and profit is ₹ -2,922 Cr. There was a revenue of ₹ 43,268 Cr in 2020 and a profit of ₹ -3,121 Cr. In the same 2021, there was a profit of ₹ 2,863 crore with a revenue of ₹ 83,211 Cr. And this year i.e. in 2022 there has been a profit of ₹ 5,265 Cr with a revenue of ₹ 81,754 Cr.
Union Bank Share Price Target 2023 – 2030 Table
|Union Bank Share Price Target
Union Bank Share Price Target 2023
The company has given very good returns and has been giving. It has given 82% returns in the last one year and 119% returns in the last 6 months, which means it has doubled the money in 6 months. And it is being estimated that in the coming one year it can give a return of up to 15% – 20%.
Keeping this in mind, Union Bank Share Price Target 2023 can be seen at ₹85 and highest price can be seen of ₹90. This price has been estimated by looking at its chart, in which case its price can be seen more or less.
Union Bank Share Price Target 2024
In 2024, we can see the share of Union Bank at ₹ 105, where as the second target is ₹ 110. By the way the company is performing well, so its fundamentals are also looking very good. Union Bank’s P/E ratio is 9.17 which is good and EPS is 8.86 and ROE is 7.77% which is considered good. And the best thing is that it also gives a very good dividend and its dividend yield is 2.34%.
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Union Bank Share Price Target 2025
This bank was making losses from few years, but for the last 2 years it is making a good profit. Along with this, its revenue and net worth have also seen a very good increase. If Union Bank continues to multiply its profit like this, then it can break its high in a few years.
So, Union Bank Share Price Target 2025 can be seen at ₹135 and highest price can be seen at ₹145. And the good thing about its stock is that institutional investors have increased their holding in its stock and the increase in shareholding of such an institution is a good sign.
Union Bank Share Price Target 2030
Union Bank Share Price Target 2030 will be of ₹400 and the highest price can be seen at ₹600. By the way, the company has more debt than its equity which is ₹ 1,085,613 Crore and its Debt to Equity ratio is 15.3, which is a bit worrying. But currently this stock is trading low from its book value which is a good thing.
For more details about Union bank share, watch this video –
I hope you got some information about Union Bank Share Price Target 2023, 2024, 2025, 2026, 2030 from this article. If you invest in this stock, then do a little more research and try to understand its future plans. By the way, according to us, investing in this stock may be a profitable in long term, the rest is your choice whether to invest in it or not.
So that’s all in this article, for more information, you can comment and on which stock do you want the second analysis, you must tell by commenting. And yes, don’t forget to share this as much as possible because it took a lot of effort for us to analyze and write a good article.
Is Union Bank is Debt free company?
No, Union Bank has huge debt of ₹ 1,085,613 crore.
What will be the share price of Union Bank in 2025?
After doing lots of analysis about this stocks, share price of Union Bank in 2025 can be around INR 135 – INR 145.
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