Union Bank of India
Share Price Target & Analysis
NSE:UNIONBANK
VWAP
Open
Close
High
Low
52 Week High
-0.18 (-0.16%)
UNIONBANK
(FINANCIAL SERVICES)Turnaround Potential
52 Week Low
EPS
PE
PB
Deluxe
Quality
Iron
Valuation
#Analysis
NSE: UNIONBANK Share Price Financial Analysis & Valuation
Union Bank of India (UNIONBANK) is broadly categorized in FINANCIAL SERVICES segment industry which deals in Banks - Public Sector vertical.
It is one of Large Cap company with Market Capitalization of Rs 31747.4 (in Cr). Total number of free float shares are 116.9 (in Lacs).
Union Bank of India is listed on NSE with Exchange ID - INE692A01016 and trading code is NSE:UNIONBANK with short name Union Bank.
Union Bank of India is a government-owned enterprise which is categorized as Public Sector Undertaking (PSU) or a Public Sector Enterprise.
In the past 1 year, Union Bank of India has declared an equity dividend of Rs 3.6 per share. At the current share price of UNIONBANK at Rs 115.04, this results in a dividend yield of 3.13 %.
As per the Fundamental Analysis of NSE:UNIONBANK, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine UNIONBANK underlying value and future prospects. All of this data is available in UNIONBANK financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:UNIONBANK, it is clearly understood that UNIONBANK is Deluxe performer in terms of earnings and profit margins with an EPS of 20.04. NSE:UNIONBANK book value per share as of today is 127.03. The current price to book ratio for UNIONBANK as of Nov 23, 2024 is 0.91.
Valuation of the Stock: The current valuation of UNIONBANK stock is like Iron which means currently the stock is Inexpensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of UNIONBANK whether to BUY this stock at current valuation. The delivery percentage of UNIONBANK is 40.07% is very crucial parameter which shows that 40.07% investors are anticipating that the price of UNIONBANK share should go up with VWAP at 115.81.
Now, the main question is whether to BUY or SELL, NSE:UNIONBANK at current valuation.
As per latest Analysis No. #21285:-
⇑ STRONG BUY UNIONBANK if All Greens
⇗ BUY UNIONBANK (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD UNIONBANK (With Stop Loss) if only 1 Green
⇘ SELL UNIONBANK if NO Green Indicator
NSE: UNIONBANK Share Price Today (Nov 23, 2024)
(Union Bank of India Daily Analysis on the basis of UNIONBANK Intraday Graph & Trend)
Union Bank of India share price moved Down by -0.16% from its previous close of Rs 115.22. UNIONBANK stock last traded price is 115.04. UNIONBANK share price trend is Down with a total of 7856400 stocks traded till now. It has touched an intraday high of Rs 116.89 and an intraday low of Rs 114.81. The UNIONBANK trading at 115.04, Down by Rs. -0.18, or -0.16 percent which suggests that most of the Traders are anticipating that the price of UNIONBANK share should go Down.
NSE: UNIONBANK Share Price Tomorrow Prediction
(Union Bank of India Share Price Prediction for Tomorrow & future forecast is based on Current Trend of UNIONBANK)
Union Bank of India share price moved Down by -0.16%. UNIONBANK share price short term trend is Down. It suggests that UNIONBANK Share Price for Tomorrow remains the same with VWAP at 115.81 will be treated as stop loss for intraday traders. Union Bank of India Long term investors can follow the UNIONBANK long term trend as mentiond in future forecast table.
NSE Code |
NSE: UNIONBANK |
UNIONBANK Share Price Today |
115.04 |
UNIONBANK Share Price Target Prediction for 2024 ^ |
111.7 - 152.4 |
UNIONBANK Share Price Target Prediction for 2025*^ |
152.4 - 194.1 |
UNIONBANK Share Price Target Prediction for 2026*^ |
194.1 - 208.6 |
UNIONBANK Share Price Target Prediction for 2027*^ |
219 |
UNIONBANK Share Price Target Prediction for 2028*^ |
226 |
UNIONBANK Share Price Target Prediction for 2030*^ |
248 |
UNIONBANK Current Book Value 2023 |
126.4 |
*Union Bank of India Short Term & Long Term share price target is based on current financial year earings of the company.
^UNIONBANK share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.
UNIONBANK Technical Analysis
Candlestick Pattern: @113.9MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 117.05 | SELL | 116.42 | SELL |
MA_12 | 117.47 | SELL | 116.59 | SELL |
MA_20 | 115.05 | SELL | 116.42 | SELL |
MA_32 | 115.56 | SELL | 117.02 | SELL |
MA_50 | 117.91 | SELL | 118.5 | SELL |
MA_100 | 122.53 | SELL | 122.5 | SELL |
MA_200 | 135.94 | SELL | 125.11 | SELL |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 115.05 | Downtrend |
MACD | 0.23 | BUY |
ADX | 18.66 | NO or Weak Trend |
DMI (+/-) | 16.65 / 28.19 | Downtrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 43.54 | Neutral |
STOCHASTIC_K (Fast) | 8.08 | Oversold |
STOCHASTIC_D (Slow) | 24.8 | Neutral |
CCI | -78.21 | Neutral |
PSAR | 122.26 | SELL |
TRUE RANGE | 4.39 | Neutral |
ATR | 3.66 | Neutral |
WILLIAMS R | -59.72 | Neutral |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 0 | Oversold |
STOCHASTIC RSI D | 11.42 | Oversold |
MOMENTUM | 1.94 | BUY |
Duration | Value |
---|---|
1 Year | 8.94% |
3 Months | -4.58% |
1 Month | 1.73% |
1 Week | -5.14% |
Action | Overall (%) |
---|---|
BUY | 7% |
NEUTRAL / HOLD | 27% |
SELL | 67% |
Most popular Questions & Answers about UNIONBANK
Union Bank of India stock last traded price is 115.04. UNIONBANK share price moved Down by -0.16% from its previous close of Rs 115.22.
Union Bank of India share price trend is Down with a total of 7856400 stocks traded till now. It has touched an intraday high of Rs 182.3025 and an intraday low of Rs 114.81. The UNIONBANK trading at 115.04, Down by Rs. -0.18, or -0.16 percent which suggests that most of the Traders are anticipating that the price of UNIONBANK share should go Down and the Stop Loss will be around 115.81.
The market cap of Union Bank of India is ₹31747.4 (in Cr) as of Nov 22, 2024.
The current price to earning ratio for Union Bank of India as of Nov 22, 2024 is 10.61.
The current price to book ratio for Union Bank of India as of Nov 22, 2024 is 0.91.
The highest price of Union Bank of India stock is ₹172.5 in the last 52-week.
The lowest price of Union Bank of India stock is ₹106.5 in the last 52-week.
Union Bank of India share trading at ₹115.04, Down by Rs. -0.18, or -0.16 percent which suggests that most of the traders are anticipating that the price of UNIONBANK share should go Down.
In 2023, Stock price target for Union Bank of India (UNIONBANK) are ₹111.7 on downside and ₹152.4 on upside. Union Bank of India share price target is based on current financial year earings of the company.
In 2024, Stock price target for Union Bank of India (UNIONBANK) are ₹152.4 on downside and ₹194.1 on upside. Union Bank of India share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for Union Bank of India (UNIONBANK) are ₹194.1 on downside and ₹208.6 on upside. Union Bank of India share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.
In next five years, Stock price target for Union Bank of India (UNIONBANK) will be around ₹226 Union Bank of India share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of UNIONBANK.
The price of Union Bank of India (UNIONBANK) shares moved by -0.16%. The short-term trend for UNIONBANK share price is Down. It implies that the share price of UNIONBANK will stay the same tomorrow and that intraday traders should treat VWAP at 115.81 as a stop loss. Investors with a long-term outlook can track UNIONBANK long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of UNIONBANK stock is 240.3. Compared to the current market price of 115.04 INR, the UNIONBANK stock is Undervalued by 52.1%.
As per the fundamental analysis of Union Bank of India (UNIONBANK), it is of Deluxe quality in terms of earnings and profit margins with an EPS of 20.04. Union Bank of India book value per share as of today is 127.03. The current price to book ratio for UNIONBANK as of Nov 23, 2024 is 0.91.
NSE:UNIONBANK News & Other Useful Information about UNIONBANK Share Price
Peer Comparison of NSE: UNIONBANK
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Banks - Public Sector
Company | Price | EPS | BV |
---|---|---|---|
SBIN | 814.55 | 73.09 | 391.83 |
BANKBARODA | 235.90 | 37.05 | 217.01 |
PNB | 99.99 | 11.13 | 85.5 |
CANBK | 97.01 | 16.9 | 95.86 |
IOB | 50.25 | 1.56 | 13.34 |
UNIONBANK | 115.04 | 20.04 | 127.03 |
BANKINDIA | 103.06 | 16.21 | 136.32 |
CENTRALBK | 52.32 | 3.82 | 32.33 |
INDIANB | 531.60 | 70.35 | 389.12 |
UCOBANK | 41.87 | 1.83 | 20.37 |