PNB Share Target Price – Bank Punjab National conducts business as a commercial bank. The segments that comprise its operations are Treasury, Retail Banking, Corporate/Wholesale Banking, and Other Banking Operations. The whole investment portfolio, foreign exchange trading, and derivative contract trading are all included in the Treasury division. Lending operations for borrowers with exposure of at least 7.50 crores make up the Corporate/Wholesale Banking category.
Accounts held by borrowers with less than 7.50 crores of exposure are included in the Retail Banking sector. It offers capital, business, international, and personal services among its offerings. Punjab Keshari Lala Lajpat Rai established the business on April 12, 1895, and its main office is in New Delhi, India.
PNB Share Fundamental Analysis
PNB Share Fundamental shows that throughout the previous five years, the bank has had remarkable growth. Its profit growth is 24.2% CAGR when we look at it. This bank occasionally pays dividends to its investors as well. As of the now, this bank has ₹ 1,37,803 Cr in market capital. Its P/E ratio of approximately 15.1 indicates that the stock is not trading above its intrinsic value. This bank appears to be extremely solid on the whole for investments.
PNB Share Price Target 2024
| Price For July 2024 | ₹134.85 |
| Price For August 2024 | ₹136.10 |
| Price For September 2024 | ₹136.95 |
| Price For October 2024 | ₹138.45 |
| Price For November 2024 | ₹140.20 |
| Price For December 2024 | ₹142.30 |
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Union Bank Share Price Target 2025
PNB Share Price Target 2025
|
Month |
Target Price |
| Price For January 2025 | ₹143.35 |
| Price For February 2025 | ₹141.50 |
| Price For March 2025 | ₹140.75 |
| Price For April 2025 | ₹146.90 |
| Price For May 2025 | ₹148.85 |
| Price For June 2025 | ₹149.30 |
| Price For July 2025 | ₹152.05 |
| Price For August 2025 | ₹150.20 |
| Price For September 2025 | ₹153.30 |
| Price For October 2025 | ₹154.20 |
| Price For November 2025 | ₹156.55 |
| Price For December 2025 | ₹157.30 |
Is PNB a good buy for long term?
Meanwhile, PNB has come out on top for the next three years as well. While Axis Bank has gained almost 85%, the company has produced multibagger returns, surging over 123 percent. By contrast, the Nifty and Bank Nifty had increases of 56% and 57%, respectively.
In summary, based on the bank’s increasing financial metrics and the state of the market, the anticipated share price objectives for Punjab National Bank (PNB) from 2024 to 2030 indicate a cautiously positive outlook. PNB looks to be well-positioned for expansion, as seen by its recent sharp decline in the Net NPA % and consistent rise in net revenue. The first goal price of ₹626.96 and the subsequent objective of ₹705.32 by 2030 indicate investor trust in the bank’s potential for future growth.
However, these projections could be impacted by possible risks including changes in regulations and the state of the economy. It is recommended that investors keep a careful eye on PNB’s financial situation and market conditions in order to make well-informed decisions that are consistent with their financial objectives and risk tolerance.