Union Bank of India is a leading public sector bank in India, established in 1919. With a rich history of over 100 years, the bank has been providing a wide range of financial services to its customers. It has a strong presence across the country with over 9,500 branches and 13,000+ ATMs. The bank is committed to delivering innovative and customer-centric solutions to meet the evolving needs of its customers.
Fundamentals of Union Bank Of India
Here is the fundamentals of Union Bank Of India
Market Cap: ₹ 50,235.39
As of 4/14/2023, Union Bank Of India’s market cap was ₹ 50,235.39, indicating its overall size and value in the market.
PE Ratio: 7.08
PE Ratio: 7.08 as of 4/14/2023, indicating how much investors are willing to pay for each dollar of the company’s earnings.
EBITDA Margin (%): 32.19 %
Union Bank Of India’s EBITDA margin was 32.19 %, indicating the company’s earnings before interest, taxes, depreciation, and amortization as a percentage of its revenue.
Revenue Growth 1-Year (%): -1.56 %
Over the past year, Union Bank Of India’s revenue growth was -1.56 %, indicating its growth or decline in revenue over the last 12 months.
Net Profit Growth 1-Year (%): >84.17 %
Over the past year, Union Bank Of India’s net profit was 84.17 % as 1 Year net profit %, indicating its growth or decline in profits over the last 12 months.
Union Bank Of India Share Price Target Prediction Using Fundamentals
Based on the provided values, Union Bank of India appears to be a fundamentally sound company. With a market cap of ₹50,235.39 crore and a current price of Rs. 74.00, the company is well-positioned in the market. The PE ratio TTM of 7.08 indicates that the stock is undervalued, making it an attractive investment opportunity.
Furthermore, the EBITDA margin of 32.19% is impressive, indicating that the company is generating significant profits from its operations. Although the revenue growth for the past year was negative at -1.56%, the net profit growth of 84.17% is a positive sign for investors.
Looking ahead, Union Bank of India is expected to continue its growth trajectory, driven by its strong financial position and strategic initiatives. The company’s focus on digital transformation and expanding its product offerings is likely to drive revenue growth in the coming years. Overall, Union Bank of India is a solid investment option for investors looking for a fundamentally strong company with growth potential.
Union Bank Of India Share Price Targets
After analyzing the fundamentals of Union Bank Of India, Here are the share price targets the Union Bank Of India company shown in the table below.
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2023 | 83 | 92 |
| 2024 | 101 | 131 |
| 2025 | 161 | 191 |
| 2026 | 221 | 251 |
| 2027 | 281 | 311 |
| 2028 | 341 | 371 |
| 2029 | 401 | 431 |
| 2030 | 461 | 491 |
Union Bank Of India Share Price Target 2023
As per fundamental analysis and chart analysis which we did, we got few share prediction for
The target share price of Union Bank Of India for the year 2023, the 1st target could be ₹83 and 2nd target is around ₹92
Union Bank Of India Share Price Target 2024
The target share price of Union Bank Of India for the year 2024, the 1st target could be ₹101 and 2nd target is around ₹131
Union Bank Of India Share Price Target 2025
The target share price of Union Bank Of India for the year 2025, the 1st target could be ₹161 and 2nd target is around ₹191
Union Bank Of India Share Price Target 2026
The target share price of Union Bank Of India for the year 2026, the 1st target could be ₹221 and 2nd target is around ₹251
Union Bank Of India Share Price Target 2027 to 2030
The target share price of Union Bank Of India for the years 2027, 2028, 2029, and 2030 will be ₹281, ₹341, ₹401, and ₹461 respectively.
