Do you want to invest in the share Punjab National Bank so first of all you have to know what is the share price target/prediction of Punjab National Bank for the upcoming years 2022, 2023, 2024, 2025, and 2030?
After a lot of research, we have given you more useful points such as market cap, financial stats, profit & loss, balance sheet report, sales growth, and profit growth of this share so that you can know very well about it.
Here we are going to talk about the Punjab National Bank, products & services, expert view, strengths, and limitations which is explained in this post.
About Punjab National Bank
Punjab National Bank also known as PNB is an Indian Government Bank that comes under the ownership of the Ministry of Finance. Punjab National Bank has over 180 million customers account in Bank and have around 12248 branches and 13000+ ATMs in the whole of India. Punjab National Bank is headquartered in Dwarka, Delhi. The present MD and CEO of Punjab National Bank are Mr. CH S.S Mallikarjuna Rao.
Punjab National Bank is working under the Union Government of India which is regulated by the Reserve Bank of India Act. 1934. Punjab National Bank was registered in 1894 Under the Indian Companies Act. With its office in Lahore which is presently a part of Pakistan. PNBs Founders included several leaders who fought for our independence.
Punjab National Bank Products & Services
PNB provides its services in Personal Accounts, Insurance Government Business, Agriculture Banking, Financial Inclusion, Corporate Finance, Cash Management Services, Capital Services Funds, and also provides services in the Merchant banking Sector.
There were some fraud Cases of PNB also heading for two successive years first in the Year 2018 with a fraud transaction of $1.77 billion at just one of its branches. In July 2019 Punjab National Bank detected another fraud, worth Rs.3,805.15Cr. by BPSL.
Punjab National Bank Basic Fundamental Details
There is a number of ratios terms are which help us to analyze how PNB works in its sector. If we talk about ROE% that is around 2.86% for the last 1 year and ROA% of PNB in the last 1 year is around Rs.0.19% and if we talk about Net NPA% for the last 1 year it’s around 5.73% which is a little bit less than from last 3 to 5 years but that 5.73% is also not good for any Bank.
In this section, we try to tell you expert views on the support of Ownership, Valuation, Efficiency, and financials. So firstly if we talk about ownership strength we can give them 4 stars which means it’s pretty much good than average but not up to the benchmark.
If we talk about efficiency Punjab National Bank seems highly inefficient in case of their asset Management because of a number of scams they undergo. If we talk about Financials Company shows stable growth from history and have a good amount of margins between them. And lastly, we talk about Valuation they were very expensive and have a great Brand image which helps them to be valuable as a premium product.
Strength Of Punjab National Bank
Here we try to tell you some strength which helps you to know more about the Company Shares and data which we try to give you there is got it from Ticker.finology.in and if find any miss correct data regarding India’s Second Largest Bank that is Punjab National Bank will not going to be responsible for it.
- Punjab National Bank is the Second Largest Bank in India in terms of Business and has a network of branches in 764 cities in India.
- Punjab National Bank has a 56000+ permanent workforce with over 37 million customers in the whole of India.
- The bank Personnel will readily be able and willingly able to use IT systems used in the Banking Field.
- The financial position of Punjab National Bank is very sound and there was not be any Constraint of funds from their side.
- Single window clearance System helps them to make a brand image of Punjab National Bank in the Banking Sector.
Limitations Of Punjab National Bank
Here we try to tell you some limitations and weaknesses of Punjab National Bank which is really essential to know before investing in the shares of this Company and data which we try to give you there is got it from Ticker.finology.in and if you find any miss correct information regarding the shares of Punjab National Bank will not be responsible for it.
- Different types of Scams in different Branches of Punjab National Bank surely decrease their brand image in front of their customers.
- Most branches did not have a proper LAN in place and except few Branches of their Bank, they almost don’t have WAN connectivity in place.
- Lack of consistent data for implementing projects, Lack of Continuous Support from management, and lack of support from managers to go online and use the new technology is one of the risk factors for the PNB.
- Punjab National Bank has an inadequate amount of advertising and branding as compared to other banks of India in the newspaper, Television, and Social Media platforms.
On the basis of fibonacci retaracement we analyzed the share price targets of Punjab National Bank for the future years 2022, 2023, 2024, 2025, and 2030 which are given below.
|Year||Target Of Punjab National Bank|
When we go through the technical analysis Chart for the shares of PNB we can observe that they trade in channel pattern and they observe breakout in the daily time frame manner but as we see the movement of shares from last one month we can find the good volume.
We try to predict three possible share price targets for the shares of Punjab National Bank first target which we can predict is around Rs.44.40 and the second share price target for the share of Punjab National Bank is around Rs.54 and the third and last prediction for share price for the shares of Punjab National In the year 2022 is around Rs.62.
If we Talk about fundamental analysis of this share, so PNB shares were differentiated into numbers of sectors majority part of their sector is in the hand of their promoters with about 73.15% which is a little bit less than the past shareholding pattern because promoters sold their parts of shares to other Sectors.
In this section, we try to predict two possible share targets for the shares of Punjab National Bank so we predict the first share price target for the shares of Punjab National Bank is about Rs.72, and for the same which is 2023 we predict the second share price target for the shares of Punjab National Bank is around Rs.85.
When we go through the quarterly report for Punjab National Bank we can show something really wrong with Punjab National Bank which is NPA and it’s around 5.73 till the month of June in the year June 2022 the PNB has earned total interest of 18,757.04 crore, if you want to know the same year’s net profit which is Rs.308.44 crores.
If we try to predict two shares price target for the shares of PNB first Target is around Rs.100 and second share price target for the shares of Punjab National Bank which they find in the year 2024 is about Rs.120.
According to the profit & loss we are going to predict the share price target for 2025. In the financial year march 2022, it has made a net sales of around Rs.74,879.54 crores and another data is the other income that was Rs.12,319.96 crores. If we want to know about the same year net profit which is Rs.3,456.96 crores.
We again try to predict two shares price target 2025 for the shares of Punjab National Bank first is around Rs.154 and second share price target for the shares of Punjab National Bank is about Rs.173.
Now, we are going to talk about the company strengths PNB has that chance to become India’s Largest Bank in terms of Business but they need to decrease the rate of scams and try to decrease the percentage of NPA% which help them to emerge as the Best Bank in India and in South Asia too and for 2030.
We try to predict two share price targets for the shares of Punjab National Bank first share price target for the shares of Punjab National Bank is around Rs.280 and the second share price target for the shares of Punjab National Bank which they find is around Rs.539.
In this article, We have done a detailed analysis of PNB Share Price Target 2022, 2023, 2024, 2025, And 2030 tried to include every aspect in our article which is really essential to know before investing in any specific share.
We have included company strength, limitations, share price target for the company shares, try to tell every relatable news and update regarding the shares of Punjab National Bank.
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