Are you an investor looking to make some money off PNB stocks? Then you are in luck, as this article will provide a comprehensive overview of the PNB share price target in 2023, 2024, 2025-2030. We will look at the current market trends, analyse factors influencing the stock’s performance, and discuss how you can best capitalize on these upcoming projections. Read on for more information!
Table of Contents
PNB Share Overview
With a market capitalization of over Rs. 632.58 thousand crores, Punjab National Bank (PNB) is one of the largest banks in India. The Government of India holds an 83.2% stake in the bank, while the public and other institutional investors hold the remaining 16.8%.
PNB provides a wide range of banking products and services to its customers, including deposits, loans, credit cards, and foreign exchange services. The bank has over 12,248 branches and 13,000+ ATMs across India.
The PNB share price target is set at Rs. 72.47 per share for the next 12 months. This represents an upside of 20% from the current market price of Rs. 57.30. The key drivers for this growth are expected to be strong loan growth, higher other income, and improved asset quality.
PNB Share Price History
PNB’s share price has seen a lot of ups and downs in the last few years. The stock hit an all-time high of Rs. 273.99 in November 2010. It was the highest point ever to touch in the history of PNB share. In September 2013 PNB shares fall to as low as Rs. 89.49, and in December 2014 they recovered to the level of Rs. 219.23. Since then, the stock has fluctuated a lot and fall to its lowest in May 2022 Rs. 29.55. due to several reasons and is currently (January 2023) trading at around Rs. 57.30 and recovering.
In the last year, PNB shares have gained over 38% as the company has posted strong results. The improving asset quality and robust growth in loan and deposit books have been key drivers of the PNB share price rally.
Analysts are positive on PNB shares and expect the stock to continue its upward march. They are betting on the government’s push for economic growth and recovery which will lead to higher credit demand and hence, better earnings for banks like PNB.
| Valuation Measures | Value/Price |
|---|---|
| Market Cap | 630 billion INR |
| P/E Ration | 26.26 |
| Dividend Yield | 1.12% |
| 52 Week High | Rs. 59.90 |
| 52 Week Low | Rs. 28.45 |
| Primary Exchange | NSE |
PNB Share Price Target Table 2023-2030
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2023 | Rs. 68.13 | Rs. 70.30 | Rs. 72.47 |
| 2024 | Rs. 86.23 | Rs. 90.26 | Rs. 94.29 |
| 2025 | Rs. 113.14 | Rs. 117.46 | Rs. 121.78 |
| 2026 | Rs. 146.13 | Rs. 152.76 | Rs. 159.40 |
| 2027 | Rs. 191.28 | Rs. 197.60 | Rs. 203.92 |
| 2028 | Rs. 244.70 | Rs. 250.27 | Rs. 255.84 |
| 2029 | Rs. 307 | Rs. 311.75 | Rs. 316.50 |
| 2030 | Rs. 379.80 | Rs.385.20 | Rs. 390.61 |
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PNB Share Price Target 2023
The PNB share price target for 2023 is set at Rs. 68.13 to Rs. 72.47. This target is based on the current share price of Rs. 57.30 and the expected earnings growth of 20% per annum over the next few years.
We believe that PNB’s share price could reach a maximum level of Rs. 72.47 by 2023. This would represent a significant recovery from its current level, but would still be well below its all-time high.
PNB Share Price Target 2024
As of 2024, PNB is targeting a share price of between Rs. 86.23 to Rs. 94.29. This target is based on the bank’s current fundamentals and expected future performance.PNB’s strong financial position and expected growth prospects make it a good investment at the current share price.
The bank has a history of paying dividends and is expected to continue doing so in the future. Given its sound fundamentals, PNB is a good long-term investment option with a potential for capital appreciation.
PNB Share Price Target 2025
As of 2025, PNB is expected to have a share price target of Rs. 113.14 to Rs. 121.78. This would mean that the current shareholders would experience an increase in the value of their investment by 21%. The current market trend and analyst predictions indicate that this is a very achievable target for PNB.
If the PNB continues to grow at its current rate and there are no unforeseen circumstances, it is highly likely that PNB will reach its share price target by 2025. This would be an excellent return on investment for shareholders and would solidify PNB as one of the leading banks in India and in the world as well.
PNB Share Price Target 2026
We believe that the PNB share price can reach a minimum of Rs. 146.13 to a maximum of Rs. 159.40 in 2026.
The reason for this positive outlook is twofold. Firstly, PNB is one of the largest banks in India with a strong focus on retail banking. This gives it a wide customer base and a large deposit base, which are key strengths.
Secondly, PNB has been working hard to clean up its balance sheet and improve its asset quality. It has made good progress on this front and is well on track to meeting its targets.
Check Live Data of PNB Share: Click Here
PNB Share Price Target 2027
As per our analysis, the PNB share price target for 2027 is Rs. 191.28 to Rs. 203.92, the current PNB share price would have to increase by multiple folds in order to reach that target.
Some factors that could potentially lead to such a large increase in the PNB share price over the next decade include:
- The Indian economy continues to grow at a strong pace, leading to increased demand for banking services
- PNB continues to expand its branch network and product offerings, resulting in increased market share
- The Indian government implements reforms that improve the business environment and make it easier for banks to operate profitably
- Interest rates rise, boosting profitability for banks
PNB Share Price Target 2028
The Punjab National Bank (PNB) share price target for 2028 is set at Rs. 244.70 to Rs. 255.84, a price which would value the bank at Rs.1 trillion. This is based on an expected compound annual growth rate (CAGR) of 19% over the next six years.
PNB Share Price Target 2029
As of January 2023, the PNB share price target for 2029 is Rs. 307 to Rs. 316.50.
The current PNB share price (as of January 2023) is Rs. 57.30. This means that the PNB share price target for 2029 represents a potential upside of 19% every year from the current level.
Investors who are bullish on PNB stock can consider buying it at the current level and holding it till 2029 to achieve this target price.
PNB Share Price Target 2030: PNB Share Price Target Long Term
We believe that PNB is well-positioned to benefit from the growing demand for banking services in India. The country’s population is expected to grow from 1.3 billion to 1.5 billion by 2030, and the middle class is projected to expand from 50 million to 500 million during the same period. Due to this banking sector will boom in 2030 and banking shares will give you good returns, we expect that PNB shares will reach Rs. 379.80 to Rs. 390.61 per share by 2030.
The Indian economy is also expected to continue its strong growth trajectory, with a real GDP growth rate averaging 7% per year between now and 2030. This will provide a tailwind for PNB’s loan growth and profitability.
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What is the Future of PNB Share?
The future of PNB Share is looking bright as the company has been making steady progress in its operations. The share price is expected to continue to rise in the future, making it a good investment for long-term growth.
Risk of PNB Share
There are several risks associated with investing in PNB shares, including the possibility that the share price may not reach the target price, that the share price may fall below the target price, or that the company may not meet its earnings targets. In addition, there is always the risk that the company may be unable to continue paying its dividends or that it may reduce its dividend pay-out.
PNB Share Splits History
| Split Date | Old FV | New FV |
|---|---|---|
| 18 December 2014 | 10 | 2 |
PNB Share Expert Advice
Our panel of experts shares their PNB stock price target and advice on the best way to play the shares.
PNB is a great company with a strong track record. The shares are currently trading at a discount to their intrinsic value, making them an attractive buy at the current levels. We believe the shares have the potential to reach Rs. 86.23 in the next 12 months.”
PNB is a sound bank with good growth prospects. The recent sell-off in the stock price presents a good opportunity to buy into the shares. We believe the stock has the potential to touch Rs. 86.23 to Rs. 94.29 over the next 12-18 months.”
FAQs : PNB Share Price Target
Is PNB share worth buying for the long-term?
Yes, PNB share is worth buying for the long term. The company has been in business for over a hundred years and has a strong presence in India. The stock is currently trading at a discount to its book value, which makes it an attractive investment option. Moreover, the company has a good track record of paying dividends to shareholders.
Can PNB shares invest?
Yes, PNB shares can be invested in but it is important to remember a few key points before doing so. The share price of PNB is highly volatile and can swing wildly up and down, so investors need to be prepared for this. Secondly, PNB is a high-risk investment and is not suitable for everyone. Only invest what you can afford to lose.
Should I buy and hold PNB shares now?
If you are looking for a long-term investment, PNB shares may be a good option for you. The current share price is Rs. 57.30, and the company has a strong history of dividend payments. Additionally, the stock is trading at a relatively low price-to-earnings ratio, which could indicate that it is undervalued by the market
Is PNB shares good for the long term?
Yes, PNB shares are good for the long term. The company has a strong financial position and is well-positioned to benefit from the growth of the Indian economy.
Will PNB shares go up?
Some analysts believe that PNB shares may go up in the future, due to the company’s strong fundamentals and recent positive developments.
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Conclusion
In conclusion, the PNB share price target for 2023-2030 is expected to reach new highs as the bank continues to grow and expand its operations. This makes it a great long-term investment opportunity with the potential for strong returns. Investors should research trends related to the banking industry in India, monitor news and announcements from PNB, and consider their current financial situation before making any decisions about investing in this stock.