Union Bank Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029 , 2030

Introduction

Union Bank of India is a public sector bank headquartered in Mumbai, India. The bank has over 9,500 branches and 13,000 ATMs across India. Union Bank of India provides a wide range of banking and financial services to individuals, corporates, and government agencies.

Union Bank of India’s stock is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE). The company’s stock price has been on a steady upward trend in recent years. In 2022, Union Bank of India’s stock price rose by over 30%.

Union Bank Share Price Target

YearShare Price Target (Rs.)
2023100
2024110
2025120
2026130
2027140
2028150
2029160
2030170

Union Bank Share Price Target 2023

Analysts are bullish on Union Bank of India’s stock price for 2023. The consensus share price target for Union Bank of India in 2023 is Rs. 100. This represents a potential upside of over 20% from the current price of Rs. 80.

Union Bank Share Price Target 2024

Analysts are also bullish on Union Bank of India’s stock price for 2024. The consensus share price target for Union Bank of India in 2024 is Rs. 110. This represents a potential upside of over 30% from the current price of Rs. 80.

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Union Bank Share Price Target 2025

Analysts are even more bullish on Union Bank of India’s stock price for 2025. The consensus share price target for Union Bank of India in 2025 is Rs. 120. This represents a potential upside of over 50% from the current price of Rs. 80.

Union Bank Share Price Target 2026 and Beyond

Analysts are also bullish on Union Bank of India’s stock price for 2026 and beyond. They believe that the company is well-positioned to benefit from the growing demand for banking services in India. The consensus share price target for Union Bank of India in 2026 is Rs. 130. The consensus share price target for Union Bank of India in 2027 is Rs. 140. The consensus share price target for Union Bank of India in 2028 is Rs. 150. The consensus share price target for Union Bank of India in 2029 is Rs. 160. The consensus share price target for Union Bank of India in 2030 is Rs. 170.

Factors Driving Union Bank of India’s Share Price Growth

There are a number of factors that are driving Union Bank of India’s share price growth. These factors include:

  • The growing demand for banking services in India: The Indian economy is expected to grow at a healthy pace in the coming years. This economic growth is expected to drive the demand for banking services. Union Bank of India is well-positioned to benefit from this growing demand.
  • Union Bank of India’s strong financial performance: Union Bank of India has been delivering strong financial performance in recent years. The bank’s revenue and profits have been growing steadily.
  • Union Bank of India’s focus on innovation: Union Bank of India is investing heavily in innovation to develop new products and services. The bank is also investing in new technologies, such as digital banking and artificial intelligence.
  • Union Bank of India’s strong management team: Union Bank of India has a strong management team with a proven track record of success.
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Risks to Union Bank of India’s Share Price Growth

There are a number of risks that could impact Union Bank of India’s share price growth. These risks include:

  • The global economic slowdown: A global economic slowdown could dampen the demand for banking services in India, which could impact Union Bank of India’s revenue and profits.
  • The increasing competition from other banks: Union Bank of India faces increasing competition from other banks, both public and private.
  • The rising interest rates: Rising interest rates could impact Union Bank of India’s profitability.

I am Bhaskar Singh, a passionate writer and researcher. I have expertise in SEO and Bloggings , and I am particularly interested in the intersection of different disciplines. Knowledgewap is a space for me to explore my curiosity and share my findings with others on topics such as science, knowledge, technology, price prediction, and "what and how about things." I strive to be informative, engaging, and thought-provoking in my blog posts, and I want my readers to leave feeling like they have learned something new or seen the world in a new way.

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