Union Bank of India (Large Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Union Bank of India |
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Price: ₹119.25 | ||
| 52 Week Low: ₹106.68 52 Week High: ₹172.50 |
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| Market Capital: 1,19,465.99 Crore (Largecap) | |||
| Financial Services -> Banks - Regional | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Union Bank of India Share Price Target For 2024
- 1.1.1: Union Bank of India Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Union Bank of India Share Price Target For 2025
- 1.2.1: Union Bank of India Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Union Bank of India Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Union Bank of India Brief Company Overview
- 4: Union Bank of India Financial Performance
- 4.0.1: Is Union Bank of India A Good Buy For Long Term?
To predict the Union Bank of India's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Union Bank of India Share Price Target For 2024
The line chart displays the monthly closing prices of Union Bank of India with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Union Bank of India shares in 2024, see the table below.
Union Bank of India Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 124.13 (+4.09%) | Price Action: Apr 2016 High |
| 2024 Target 2 | 122.79 (+2.96%) | Price Action: Dec 2008 High |
| 2024 Target 1 | 121.52 (+1.9%) | Price Action: Oct 2016 Low |
| Current Price | 119.25 | Union Bank of India's share price as of 23 Dec 2024 |
| Stop Loss 1 | 118.2 (-0.89%) | Price Action: 31 Oct 2024 High |
| Stop Loss 2 | 116.85 (-2.02%) | Price Action: Sep 2008 High |
| Stop Loss 3 | 115.62 (-3.05%) | Price Action: 31 Oct 2024 Low |
Short-Term Technical Outlook
Current Technical Position: Union Bank of India is showing mixed momentum signals near key moving averages.
Key Technical Level: The 50-day moving average at ₹118.87 serves as the nearest technical reference point.
Historical Returns: 3-month: -4.87% | 6-month: -12.31% | 1-year: +0.65%
Union Bank of India Share Price Target For 2025
The line chart displays the monthly closing prices of Union Bank of India with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Union Bank of India shares in 2025, see the table below.
Union Bank of India Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 164.93 (+38.29%) | Price Action: Chart |
| 2025 Target 2 | 161.85 (+35.72%) | Price Action: Chart |
| 2025 Target 1 | 160.25 (+34.38%) | Fibonacci Extension Level 64.90% |
| Current Price | 119.25 | Union Bank of India's share price as of 23 Dec 2024 |
| Stop Loss 1 | 109.85 (-7.89%) | Price Action: Feb 2009 High |
| Stop Loss 2 | 108.66 (-8.89%) | Price Action: Apr 2016 Low |
| Stop Loss 3 | 107.29 (-10.02%) | Price Action: May 2009 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Union Bank of India is currently trading near its 52-week low of ₹106.68, indicating potential value opportunity.
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: +0.65% | 3-year: +201.37% | 5-year: +138.66%
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Approach 2: Machine Learning By Studying Historical Prices
Union Bank of India Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹119.25 | ||
| 2024 | ₹118.01 | -1.03% | ₹119.78 |
| 2025 | ₹126.57 | +7.25% | ₹129.05 |
| 2026 | ₹129.17 | +2.05% | ₹133.10 |
| 2027 | ₹137.16 | +6.18% | ₹139.22 |
| 2028 | ₹135.74 | -1.03% | ₹137.78 |
| 2029 | ₹133.03 | -1.99% | ₹141.21 |
| 2030 | ₹142.27 | +6.94% | ₹145.26 |
| 2031 | ₹144.81 | +1.78% | ₹149.31 |
| 2032 | ₹153.37 | +5.91% | ₹155.67 |
| 2033 | ₹151.42 | -1.27% | ₹153.69 |
| 2034 | ₹148.04 | -2.23% | ₹157.42 |
| 2035 | ₹157.97 | +6.7% | ₹161.47 |
| 2036 | ₹160.44 | +1.56% | ₹165.53 |
| 2037 | ₹169.58 | +5.69% | ₹172.12 |
| 2038 | ₹167.09 | -1.46% | ₹169.60 |
| 2039 | ₹163.59 | -2.09% | ₹173.63 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
Union Bank of India Brief Company Overview
Union Bank of India: A Comprehensive Overview Key Products and Services: Savings and current accounts Term and recurring deposits Demat and online trading accounts Loans Mutual funds Insurance products Tax saving deposits Government saving...
schemes Corporate loans Debt structuring NRI banking services Remittance services History and Market Presence: Incorporated in 1919, Union Bank of India has a strong presence in India, headquartered in Mumbai. Reputation and Commitment: The bank is recognized for its diverse product range and commitment to providing innovative financial solutions.Union Bank of India Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 1,19,465.99 Crore | Market valuation of Union Bank of India's shares. |
| Revenue (TTM) | 48,014.04 Crore | Total revenue generated by Union Bank of India over the past twelve months. |
| Net Income (TTM) | +13,797.11 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +39.43% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +28.73% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+21.8% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+18.39% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
0.27 | Company's total debt divided by total shareholder equity. |
| Total Debt | 26,974.27 Crore | Sum of Union Bank of India's current & long-term financial obligations. |
| Total Cash | 52,901.54 Crore | Total amount of liquid funds available to Union Bank of India. |
| Beta | 1.19 | Beta is greater than 1 indicating that the Union Bank of India's price is more volatile than the market. |
Is Union Bank of India A Good Buy For Long Term?
Based on the provided financial data, Union Bank of India exhibits strong fundamentals with consistent revenue growth and profitability. Its profit margin of 28.73% indicates efficient cost management. The positive returns across various time frames, especially the impressive 396.03% over the past 3 years, suggest the stock has performed well in the market. While the debt of 26,974.27 Crore may require attention, the strong cash balance of 52,901.54 Crore provides financial stability. Overall, Union Bank of India appears to be a potentially attractive investment for long-term growth.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
