Hello friends, in today’s article I will give you complete information about Pnb share price target, today we are going to discuss about Pnb share price target: 2023, 2024, 2025, 2030. So let’s start this article.
PNB Share Price Target in 2023, 2024, 2025, and 2030 One of the oldest and most well-known banks in India is PNB, or Punjab National Bank, however after Nirav Modi’s PNB scandal, this Punjab National Bank had to deal with a lot of challenges and problems. This private banking stock has recently attracted increased attention from investors. So, in this essay, we’ll Analyse PNB stocks.
We’ll gain deeper understanding of the company’s future share performances by analysing its business and financial fundamentals. We also carefully examine the company’s financial viability and whether or not purchasing PNB stock would provide a profit for us. The PNB Share Price Target for 2023, 2024, 2025, 2026, and 2030 are shown below.
Table of Contents
If you have invested in or intend to invest in PNB stocks, please look for correct information. I hope this post will provide you with that information. PNB stocks also declined from about Rs. 230 to 20.30.
| Market Cap | 68,929 Cr |
| Operating Revenue | 99,084.9 (12 month Basis) |
| ROE | 3% |
| P/E ratio | 20.6% |
| Sector P/E | 26.3% |
| Revenue growth Per Year | 38% |
| Dividend Yield | 1% |
| Payout Ratio | 21% |
Dayal Singh Majithia and Lala Lajpat Rai founded PNB, or Punjab National Bank, on May 19, 1894. After PNB was nationalised in July 1970, it is presently operated by the Ministry of Finance.
Punjab National Bank is a bailout of PNB, a well-known national bank of India, but during the previous ten years, the bank has lost the trust of its investors. a little low-confidence
Quarterly Financial Results for Punjab National Bank
The company’s overall revenue for the most recent quarter, FY23, was 28,123 Cr, 7.65% more than the numbers for the prior quarter.
PAT (Profit After Tax) is 1,864.3 Cr, which is also 163.2% more than the figures from the prior quarter.
The cash flow was 17.24% higher than the prior figures.
Earnings per share, or EPS, are 1.69.
The bank’s compound profit growth ROE share price CAGR is all negative over the past ten years, and its income has only slightly improved over the past two fiscal years, but this growth should continue, as evidenced by the stock’s strong performance.
After a strong consolidation towards the end of 2023, the stock has witnessed a breakout and is now predicted to reach the following targets: Rs. 68 and Rs. 75. In 2022, the stock was trading in a pretty stable range.
PNB grew its market share by 6.5% as of March 30, 2022, making it the second-largest public sector bank overall. The first domestic bank in the nation is Punjab National Bank. The bank and financial services provider PNB is owned by the Indian government.
The household CASA ratio increased from 45.46% on March 31st, 2021, to 45.45% on March 31st, 2022. All business segments, including advanced, agriculture, retail, and MSME business, have shown growth for the bank.
PNB share value was rose upto 96.55% in the last one year.
In addition, Punjab National Bank maintains a very strong cash flow, and if the business produces great results soon, the stock price may rise significantly in 2024. PNB National Bank’s first objective is Rs. 85, and its second aim is Rs. 90.
Punjab National Bank Although this bank has recently made progress, there are still many challenges to be faced. The business is well aware of how challenging it is to win back lost customer trust.
Despite expectations that these businesses will offer investors positive returns in the coming years, public sector banks have done worse than private sector banks during the past 10 years.
Additionally, the company’s current financial situation does not favour the bank, but if PNB Punjab National Bank fights back and defeats its rivals effectively, a good PNB stocks price target can be seen in 2025.
Additionally, the 2025 share price objective for Punjab National Bank is Rs. 120 and Rs. 130, respectively.
As fundamental as valuing the economy and the sector is valuing a firm. In the foreseeable future, banking will be crucial to the Indian economy.
However, we now need to determine which bank will profit the most from this. In addition, PNB Bank should grow its offerings of services like mutual funds, insurance, and MSME business because doing so will make it easier for the bank to increase its market share.
The first target price for Punjab National Bank’s share price for 2030 is predicted to be Rs. 600, and the second target price is Rs. 650.
Overview Of Punjab National Bank
| Industry | Banking, Financial Services |
| Founded Year | 19, May 1894 |
| Founder Name | Dyal Singh Majithia,Lala Lajpat rai |
| Headquarters Place | Dwarka, Delhi, India |
| Number Of Locations | 11,809 |
| Key People | K G Ananthakrishnan [Non-Ex Chairman] Atul Kumar Goel [MD & CEO] |
| Owner | Government Of India |
| Number Of Employees | 103,144 [2022] |
| Subsidiaries | PNB Metlife India Insurance Company, PNB Housing Finance Limited |
| Capital Ratio | 15.15% [2022] |
| Website | https://www.pnbindia.in/ |
| Years | First Target | Second Target |
|---|---|---|
| [2023] | Rs. 68 | Rs. 75 |
| [2024] | Rs. 85 | Rs. 90 |
| [2025] | Rs. 120 | Rs. 130 |
| [2026] | Rs. 180 | Rs. 200 |
| [2030] | Rs. 600 | Rs. 650 |
Conclusion
PNB will be able to resume its regular operations and generate more income in the coming days. Additionally, you can observe that in the past year, its share value has increased by 100%. Additionally, its debt ratio has dropped, aiding in potential faster growth. In the upcoming three years, PNB shares should perform admirably.
While this PNB bank is a respectable and reputable bank and being associated with the Government of India provides additional benefits, valuing bank stocks is a challenging undertaking because there is a significant difference in valuation between a typical firm and a banking company.
FAQ:
1.What is the share price target of PNB in 2025?
share price target for Punjab National Bank for the year 2025 is ₹158.89
2.What is the target of PNB share in 2023?
PNB shares for a price target of Rs 64.
3.What is the target price of PNB share in 2030?
| 2030 | PNB 1st Share Price Targets (₹)410 | PNB 2nd Share Price Targets (₹)450 |
