If you are looking for “PNB share price targets” for upcoming years you are in the right place. Before we dive into PNB stock price targets, Let’s understand the PNB company background, technical fundamentals etc.
About PNB Limited
Punjab National Bank is one of the largest public sector banks in India. It was founded in 1894 and has a network of more than 6,000 branches and nearly 9,000 ATMs across India. The bank also has a strong presence overseas with offices in London, New York, Hong Kong, Dubai, and Bangkok.
Punjab National Bank offers a wide range of banking products and services, including savings and current accounts, credit cards, home loans, car loans, personal loans, education loans, and more. The bank also provides a number of deposit schemes such as fixed deposits and recurring deposits.
Fundamentals of PNB
Let’s look at the fundamentals of PNB, based on which we can get a clear understanding of the expertise in the banking sector.
- Current Market Cap: The current market cap of PNB as of September 12 2022, is ₹ 44,154.17 Cr.
- P/E Ratio: The current price to earning ratio of PNB is 16.1
- Profit Growth: Profit growth is around 501.32 % over the period of time
PNB Price Target Details
We have done a complete analysis of PNB and have come up with its share price targets for upcoming years.
Note: These price targets of “PNB” is only for reference purpose only, this prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition is not covered in this analysis.
| Year | PNB 1st Share Price Targets (₹) | PNB 2nd Share Price Targets (₹) |
|---|---|---|
| 2022 | 52 | 65 |
| 2023 | 75 | 90 |
| 2024 | 120 | 130 |
| 2025 | 150 | 180 |
| 2026 | 210 | 220 |
| 2027 | 240 | 255 |
| 2028 | 260 | 300 |
| 2029 | 350 | 380 |
| 2030 | 410 | 450 |
PNB share price target 2023
After analysing the chart deeply by taking the monthly time frame analysis on the trading view chart of PNB we found,
The target share price of PNB for the year 2023 will be ₹75
PNB share price target 2024
The target share price of PNB for the year 2024 will be ₹120
PNB share price target 2025
The target share price of PNB for the year 2025 will be ₹150
PNB share price target 2026
The target price of PNB for the year 2027 will be ₹210
PNB share price target 2027 to 2030
The target share price of PNB for the years 2027, 2028, 2029, and 2030 will be ₹240, ₹260, ₹350, and ₹410 respectively.
