Union Bank of India
Share Price Target & Analysis

NSE:UNIONBANK

152.31

VWAP

155.60

Open

154.65

Close

156.00

High

149.45

Low

163.20

52 Week High

152.50
-2.15 (-1.39%)

UNIONBANK

(FINANCIAL SERVICES)
88.8% Momentum

Trending & Favourite

68.00

52 Week Low

17.19

EPS

16.77

PE

1.59

PB

Deluxe
Quality

Steel
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 per share. At the current share price of UNIONBANK at Rs 152.50, this results in a dividend yield of 1.97 %.

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 17.19. NSE:UNIONBANK book value per share as of today is 95.63. The current price to book ratio for UNIONBANK as of May 04, 2024 is 1.59.

Valuation of the Stock: The current valuation of UNIONBANK stock is like Steel which means currently the stock is Moderately Priced. 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 41.77% is very crucial parameter which shows that 41.77% investors are anticipating that the price of UNIONBANK share should go up with VWAP at 152.31.

Now, the main question is whether to BUY or SELL, NSE:UNIONBANK at current valuation.
As per latest Analysis No. #19999:-

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 (May 04, 2024)

(Union Bank of India Daily Analysis on the basis of UNIONBANK Intraday Graph & Trend)

Union Bank of India share price moved Down by -1.39% from its previous close of Rs 154.65. UNIONBANK stock last traded price is 152.50. UNIONBANK share price trend is Down with a total of 13310526 stocks traded till now. It has touched an intraday high of Rs 156.00 and an intraday low of Rs 149.45. The UNIONBANK trading at 152.50, Down by Rs. -2.15, or -1.39 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 -1.39%. UNIONBANK share price short term trend is Down. It suggests that UNIONBANK Share Price for Tomorrow remains the same with VWAP at 152.31 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

152.50

UNIONBANK Share Price Target Prediction for 2024 ^

111 - 163.2

UNIONBANK Share Price Target Prediction for 2025*^

163.2 - 173.9

UNIONBANK Share Price Target Prediction for 2026*^

173.9 - 186.1

UNIONBANK Share Price Target Prediction for 2027*^

195

UNIONBANK Share Price Target Prediction for 2028*^

201

UNIONBANK Share Price Target Prediction for 2030*^

219
UNIONBANK Current Book Value 2023
95.2

*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: @156.75

UNIONBANK Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 150.33 BUY 151.48 BUY
MA_12 148.12 BUY 149.9 BUY
MA_20 151.22 BUY 149.83 BUY
MA_32 150.51 BUY 149.08 BUY
MA_50 148.96 BUY 147.13 BUY
MA_100 141.56 BUY 140.34 BUY
MA_200 117.87 BUY 121.62 BUY

UNIONBANK Trend Oscillators

BUY (3) NEUTRAL (1) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 151.22 Uptrend
MACD 0.37 BUY
ADX 17.21 NO or Weak Trend
DMI (+/-) 32.4 / 18.41 Uptrend

UNIONBANK Momentum Oscillators

BUY (8) NEUTRAL (4) SELL (0)
Momentum Oscillators Value Action
RSI 59.49 Neutral
STOCHASTIC_K (Fast) 95.16 Overbought
STOCHASTIC_D (Slow) 86.52 Overbought
CCI 120.58 BUY
PSAR 138.4 BUY
TRUE RANGE 6.1 Neutral
ATR 5.18 Neutral
WILLIAMS R -12.44 Overbought
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 99.02 Overbought
MOMENTUM 6.75 BUY

UNIONBANK Last 1 Year Trend

Duration Value
1 Year 112.25%
3 Months 10.54%
1 Month 4.5%
1 Week 4.08%

UNIONBANK Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 83%
NEUTRAL / HOLD 17%
SELL 0%

Most popular Questions & Answers about UNIONBANK


Union Bank of India stock last traded price is 152.50. UNIONBANK share price moved Down by -1.39% from its previous close of Rs 154.65.

Union Bank of India share price trend is Down with a total of 13310526 stocks traded till now. It has touched an intraday high of Rs 164.0685 and an intraday low of Rs 149.45. The UNIONBANK trading at 152.50, Down by Rs. -2.15, or -1.39 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 152.31.

The market cap of Union Bank of India is ₹31747.4 (in Cr) as of May 03, 2024.

The current price to earning ratio for Union Bank of India as of May 03, 2024 is 16.77.

The current price to book ratio for Union Bank of India as of May 03, 2024 is 1.59.

The highest price of Union Bank of India stock is ₹163.20 in the last 52-week.

The lowest price of Union Bank of India stock is ₹68.00 in the last 52-week.

Union Bank of India share trading at ₹152.50, Down by Rs. -2.15, or -1.39 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 on downside and ₹163.2 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 ₹163.2 on downside and ₹173.9 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 ₹173.9 on downside and ₹186.1 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 ₹201 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.

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 17.19. Union Bank of India book value per share as of today is 95.63. The current price to book ratio for UNIONBANK as of May 04, 2024 is 1.59.


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 831.45 63.95 335.98
BANKBARODA 275.75 34.18 189.93
PNB 135.80 5.81 83.01
CANBK 625.65 77.02 364.54
IOB 66.25 1.32 13.36
UNIONBANK 152.50 17.19 95.63
BANKINDIA 149.80 13.68 115.37
CENTRALBK 65.15 2.94 32.26
INDIANB 544.40 53.92 311.57
UCOBANK 55.30 1.38 20.59
Updated at: 03 May 2024 15:59

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