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PUNJAB NATIONAL BANK SHARE PRICE TARGET 2023, 2024, 2025 TO 2030

PUNJAB NATIONAL BANK SHARE PRICE TARGET 2023, 2024, 2025 TO 2030

Welcome to the world of investing, where understanding a company’s share price goal is essential to helping investors make wise choices. One of the top public sector banks in India, Punjab National Bank, has a share price target that will be covered in this article. Investors are interested in the company’s future prospects and whether it is a solid stock to buy as it continues to grow and expand. We will examine the company’s financial accounts, assess its development potential, and offer insights into whether Punjab National Bank is positioned for success in the upcoming years, with an emphasis on the years 2023 to 2030. So, let’s delve in and find out what this stock’s future holds!

How to purchase Punjab National Bank shares?

Below are the trading platforms that you can use to purchase Punjab National Bank shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Punjab National Bank Share Price Prediction: 2023 to 2030.

Punjab National Bank Share Price Prediction 2023.

When Maximum Price Minimum Price
April 2023 ₹53.61 ₹41.24
May 2023 ₹44.68 ₹34.37
June 2023 ₹53.61 ₹41.24
July 2023 ₹64.33 ₹49.49
August 2023 ₹70.77 ₹54.43
September 2023 ₹74.30 ₹57.16
October 2023 ₹70.77 ₹54.43
November 2023 ₹77.84 ₹59.88
December 2023 ₹87.18 ₹67.06

The table above shows the predicted prices for Punjab National Bank (PNB) shares in 2023. The maximum price for PNB shares is expected to be ₹87.18 in December 2023, while the minimum price is predicted to be ₹34.37 in May 2023. This indicates a significant growth percentage from the lowest point to the highest point. Overall, investors may find this prediction encouraging, as it suggests an uptrend for PNB shares in 2023. However, it’s important to keep in mind that these predictions are subject to change and may be influenced by various factors such as market conditions, economic policies, and company performance.

Punjab National Bank Share Price Prediction 2024.

When Maximum Price Minimum Price
January 2024 ₹91.77 ₹70.59
February 2024 ₹103.11 ₹85.93
March 2024 ₹108.54 ₹88.24
April 2024 ₹98.67 ₹75.90
May 2024 ₹82.23 ₹63.25
June 2024 ₹98.67 ₹75.90
July 2024 ₹83.87 ₹65.02
August 2024 ₹92.26 ₹73.22
September 2024 ₹96.87 ₹74.52
October 2024 ₹113.97 ₹87.67
November 2024 ₹119.67 ₹92.05
December 2024 ₹122.06 ₹93.89

According to the table above, the projected share price targets for Punjab National Bank (PNB) in 2024 display a mix of bullish and bearish trends. The maximum price target for PNB shares is predicted to be ₹122.06 in December 2024, while the minimum price target is expected to be ₹63.25 in May 2024. Although the stock shows a bearish trend from May to August, it gradually picks up an uptrend from September to December, reflecting a positive outlook for the company. The return on investment for investors who buy PNB shares at the minimum price in May and sell at the maximum price in December could be considerable.

Punjab National Bank Share Price Prediction 2025.

When Maximum Price Minimum Price
January 2025 ₹124.50 ₹95.77
February 2025 ₹131.05 ₹100.81
March 2025 ₹137.61 ₹105.85
April 2025 ₹122.86 ₹94.51
May 2025 ₹111.69 ₹85.92
June 2025 ₹122.86 ₹94.51
July 2025 ₹117.01 ₹90.01
August 2025 ₹121.89 ₹93.76
September 2025 ₹127.98 ₹98.45
October 2025 ₹135.66 ₹104.35
November 2025 ₹145.16 ₹111.66
December 2025 ₹148.06 ₹113.89

Looking at the table above, it appears that the projected share price targets for Punjab National Bank (PNB) in 2025 show a consistent bullish trend. The maximum price target for PNB shares is predicted to be ₹148.06 in December 2025, while the minimum price target is expected to be ₹85.92 in May 2025. The average target price for PNB shares in 2025 is around ₹123.47, which indicates an upside potential for investors. This projection suggests that PNB shares could potentially offer a good return on investment to shareholders who invest in the company.

Punjab National Bank Share Price Prediction 2026-2030.

Year Maximum Price Minimum Price
2023 ₹87.18 ₹34.37
2024 ₹122.06 ₹70.59
2025 ₹148.06 ₹94.51
2026 ₹103.64 ₹72.55
2027 ₹88.10 ₹61.67
2028 ₹158.57 ₹111.00
2029 ₹325.73 ₹228.01
2030 ₹362.75 ₹253.92

Based on the data provided, it seems that Punjab National Bank’s (PNB) share price targets for the years 2026 to 2030 show a mixed trend. The projected maximum and minimum price targets for PNB shares in 2026 are ₹103.64 and ₹72.55, respectively. In 2027, the maximum and minimum price targets are expected to be ₹88.10 and ₹61.67, respectively. However, in 2028, the share price targets show a bullish trend, with the maximum and minimum price targets projected to be ₹158.57 and ₹111.00, respectively. The price targets for 2029 and 2030 also suggest a bullish trend, with the maximum price targets being ₹325.73 and ₹362.75, respectively. These projections suggest that PNB shares may offer potential returns on investment to shareholders who invest in the company. However, investors should always conduct their own research and analysis before making any investment decisions.

Financial Condition of Punjab National Bank: Last 5 years

Narration Mar-18 Mar-19 Mar-20 Mar-21 Mar-22
Sales             48,724.85          52,147.14          54,918.48          81,935.03          76,241.83
Expenses             43,345.47          39,644.65          25,867.22          38,600.77          36,025.78
Operating Profit               5,379.38          12,502.49          29,051.26          43,334.26          40,216.05
Other Income               8,883.34            7,367.38            9,387.65          12,777.07          12,329.29
Depreciation                   581.03                584.01                614.44                982.23                896.17
Interest             33,530.39          34,655.66          36,997.47          50,804.58          46,823.08
Profit before tax            -19,848.70         -15,369.80                827.00            4,324.52            4,826.09
Tax              -7,264.36           -5,343.39                463.67            1,629.93                918.50
Net profit            -12,113.37           -9,570.11                438.45            2,561.97            3,860.74
EPS                   -43.88                -20.79                    0.65                    2.45                    3.51
Price to earning                      -2.17                   -4.59                  49.71                  14.99                  10.00
Price                     95.30                  95.50                  32.35                  36.65                  35.05
RATIOS:
Dividend Payout 0.00% 0.00% 0.00% 0.00% 18.25%
OPM 11.04% 23.98% 52.90% 52.89% 52.75%

Looking at Punjab National Bank’s financial statement for the last five years, the company has experienced mixed growth. Its revenue growth increased from INR 48,724.85 crore in March 2018 to INR 76,241.83 crore in March 2022. However, the company’s expenses decreased from INR 43,345.47 crore in March 2018 to INR 36,025.78 crore in March 2022. The maximum net profit was INR 3,860.74 crore in March 2022, whereas the minimum was INR -12,113.37 crore in March 2018. The company’s EPS was -43.88 in March 2018, which increased to 3.51 in March 2022. Despite the fluctuations, the company’s OPM has remained consistently high, ranging from 11.04% in March 2018 to 52.75% in March 2022. Overall, the company has shown positive growth in revenue and profit, although there have been some setbacks in the past.

Punjab National Bank share price target by Experts

Sharekhan on Punjab National Bank share price target

Sharekhan has given a buy call on Punjab National Bank. According to him, you can continue buying Punjab National Bank share with a target price of Rs102.

Motilal Oswal on Punjab National Bank share price target

Motilal Oswal has given a buy call on Punjab National Bank. According to him, you can continue buying Punjab National Bank share with a target price of Rs132.

FAQS

What is the maximum share price target for Punjab National Bank in 2025?

According to the data provided, the maximum share price target for Punjab National Bank in 2025 is ₹148.06.

What is the minimum share price target for Punjab National Bank in 2025?

The minimum share price target for Punjab National Bank in 2025 is ₹94.51.

Can Punjab National Bank’s share price reach ₹500 by 2025?

Based on the available data, it seems unlikely that Punjab National Bank’s share price will reach ₹500 by 2025.

What was Punjab National Bank’s revenue growth in the last five years?

Punjab National Bank’s revenue growth in the last five years was as follows: ₹48,724.85 (Mar-18), ₹52,147.14 (Mar-19), ₹54,918.48 (Mar-20), ₹81,935.03 (Mar-21), and ₹76,241.83 (Mar-22).

What was Punjab National Bank’s profit growth in the last five years?

Punjab National Bank’s profit growth in the last five years was as follows: -₹12,113.37 (Mar-18), -₹9,570.11 (Mar-19), ₹438.45 (Mar-20), ₹2,561.97 (Mar-21), and ₹3,860.74 (Mar-22).

What was Punjab National Bank’s EPS in the last five years?

Punjab National Bank’s EPS in the last five years was as follows: -₹43.88 (Mar-18), -₹20.79 (Mar-19), 0.65 (Mar-20), 2.45 (Mar-21), and 3.51 (Mar-22).

What is Punjab National Bank’s OPM?

Punjab National Bank’s OPM (Operating Profit Margin) in the last five years was as follows: 11.04% (Mar-18), 23.98% (Mar-19), 52.90% (Mar-20), 52.89% (Mar-21), and 52.75% (Mar-22).

What is the current recommendation for buying Punjab National Bank’s shares?

It is advisable to consult with a financial expert before making any investment decisions.

What are the factors that could affect Punjab National Bank’s share price target in the coming years?

Factors such as market trends, economic conditions, and company performance could affect Punjab National Bank’s share price target in the coming years.

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Conclusion

In conclusion, it appears like Punjab National Bank is on an upward trajectory based on the income growth, PAT growth, revenue growth, and profit growth over the previous five years. Investors should be encouraged by the company’s constant growth in operating profit and other revenue. In recent years, the dividend payout ratio has also increased. With an anticipated maximum price of 362.75 and a minimum price of 34.37, PNB’s share price target for the years 2023 to 2030 appears optimistic. PNB shares appear to be a solid buy for those searching for a long-term investment opportunity with a price-to-earnings ratio of 10.00. Overall, the company has a great financial history and has room to develop, making it a desirable investment.

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