NIFTY 22620.45 BANK 49327.75

Union Bank of India
Share Price Target & Analysis

NSE:UNIONBANK

154.34

VWAP

152.00

Open

150.9

Close

156.60

High

151.85

Low

163.20

52 Week High

155.90 ⇧
5.00 (3.31%)

UNIONBANK

(FINANCIAL SERVICES)
92.3% Momentum

Trending & Favourite

68.00

52 Week Low

17.19

EPS

16.69

PE

1.63

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 155.90, this results in a dividend yield of 1.92 %.

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 Apr 29, 2024 is 1.63.

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 154.34.

Now, the main question is whether to BUY or SELL, NSE:UNIONBANK at current valuation.
As per latest Analysis No. #19967:-

⇑ 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 (Apr 29, 2024)

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

Union Bank of India share price moved Up by 3.31% from its previous close of Rs 150.9. UNIONBANK stock last traded price is 155.90. UNIONBANK share price trend is Up with a total of 18459136 stocks traded till now. It has touched an intraday high of Rs 156.60 and an intraday low of Rs 151.85. The UNIONBANK trading at 155.90, Up by Rs. 5.00, or 3.31 percent which suggests that most of the Traders are anticipating that the price of UNIONBANK share should go Up.

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 Up by 3.31%. UNIONBANK share price short term trend is Up. It suggests that UNIONBANK Share Price for Tomorrow remains the same with VWAP at 154.34 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

 155.90

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: @145.3

UNIONBANK Moving Averages

BUY (4) NEUTRAL (0) SELL (10)
MA Simple Action S1 Expo Action E2
MA_5 150.37 SELL 149.88 SELL
MA_12 153.61 SELL 151.8 SELL
MA_20 151.53 SELL 151.48 SELL
MA_32 150.45 SELL 149.66 SELL
MA_50 148.51 SELL 146.73 SELL
MA_100 138.88 BUY 138.65 BUY
MA_200 114.58 BUY 119.18 BUY

UNIONBANK Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 151.53 Downtrend
MACD -1.14 SELL
ADX 19.28 NO or Weak Trend
DMI (+/-) 23.38 / 26.96 Downtrend

UNIONBANK Momentum Oscillators

BUY (0) NEUTRAL (2) SELL (10)
Momentum Oscillators Value Action
RSI 42.13 Neutral
STOCHASTIC_K (Fast) 5.77 Oversold
STOCHASTIC_D (Slow) 1.91 Oversold
CCI -148.64 SELL
PSAR 162.92 SELL
TRUE RANGE 5.8 SELL
ATR 5.19 SELL
WILLIAMS R -90.4 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -5.1 SELL

UNIONBANK Last 1 Year Trend

Duration Value
1 Year 113.21%
3 Months 18.27%
1 Month -3.39%
1 Week -9.3%

UNIONBANK Technical Analysis Summary

Updated on 2024-04-15
Action Overall (%)
BUY 13%
NEUTRAL / HOLD 10%
SELL 77%

Most popular Questions & Answers about UNIONBANK


Union Bank of India stock last traded price is 155.90. UNIONBANK share price moved Up by 3.31% from its previous close of Rs 150.9.

Union Bank of India share price trend is Up with a total of 18459136 stocks traded till now. It has touched an intraday high of Rs 164.0685 and an intraday low of Rs 151.85. The UNIONBANK trading at 155.90, Up by Rs. 5.00, or 3.31 percent which suggests that most of the Traders are anticipating that the price of UNIONBANK share should go Up and the Stop Loss will be around 154.34.

The market cap of Union Bank of India is ₹31747.4 (in Cr) as of Apr 28, 2024.

The current price to earning ratio for Union Bank of India as of Apr 28, 2024 is 16.69.

The current price to book ratio for Union Bank of India as of Apr 28, 2024 is 1.63.

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 ₹155.90, Up by Rs. 5.00, or 3.31 percent which suggests that most of the traders are anticipating that the price of UNIONBANK share should go Up.

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 Apr 29, 2024 is 1.63.


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 808.55 63.95 335.98
BANKBARODA 268.75 34.18 189.93
PNB 136.65 5.81 83.01
CANBK 621.25 77.02 364.54
IOB 67.55 1.32 13.36
UNIONBANK 155.90 17.19 95.63
BANKINDIA 151.45 13.68 115.37
CENTRALBK 67.35 2.66 29.33
INDIANB 536.70 53.92 311.57
UCOBANK 57.50 1.43 19.2
Updated at: 29 Apr 2024 09:31

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