Dive into the world of UCO Bank (NSE: UCOBANK)as we dissect its financial landscape, stock movements, and future potential. Discover the reasons behind the recent surge in share prices and explore the shareholding patterns.
Join us in predicting the UCO Bank Stock Price Target for 2023, with insights into its fundamentals and technical analysis. Quick UCO Bank Share Price Prediction 2023, 2024, 2025, 2030.
With the ongoing rally, UCO Bank share price target is expected to reach INR 39.40 in 2023, with a potential maximum price in December 2023 reaching INR 42.
For 2024, the initial price target for UCO Bank stock price is set at around Rs 42, followed by a second target of Rs 47. The estimated UCO Bank Share Price Target for 2025 may trade between Rs 50.50 to 55.50 in 2025 and will hit average price of Rs 51.00. In 2030, UCO Bank is anticipated to trade within the range of Rs. 79.33 to Rs. 108.62.
The stock data for UCO Bank Stock Price Target 2023, the day includes an opening price of RS 37.50, reaching a high of 37.65 and a low of 37.05, with a previous close at 37.50. The 52-week range shows a high of 48.45 on 09/18/23 and a low of 12.95 on 10/31/22. The market cap stands at 5,485.18M, with 11,955.96M shares outstanding. The 10-day average volume is 26.74M, and the year-to-date percentage change is 17.56, while dividend information and beta are not provided.
UCO Bank Company Overview
UCO Bank, born in 1943 under G.D Birla’s vision, stands tall in the banking sector. Headquartered in Kolkata, India, it spans across the nation and beyond. With Soma Sankara Prasad at the helm, this financial giant employs over 22,000 individuals, making a significant impact.
UCO Bank, based in India, operates through four key segments: Treasury Operations, Corporate Banking Operations, Retail Banking Operations, and Other Banking Operations. Providing a diverse range of services, including corporate banking, international banking, government business, and rural banking, the bank covers areas such as debt, credit growth, deposits, and value-added services.
Its international banking services cater to non-resident Indians (NRIs), foreign currency loans, remittances, and foreign exchange. Additionally, UCO Bank offers a variety of loans such as education, gold, home, personal, and car loans, along with services like government business, policies, and equated monthly installment (EMI) calculators.
UCO Bank’s diverse segments include Corporate Banking, Retail Banking, Treasury Operations, and Other Banking Operations. Offering a range of services from personal and international banking to corporate and rural banking, it caters to various needs. Home loans, personal loans, education loans, gold loans, and car loans form a part of its extensive loan portfolio.
Examining the shareholding pattern is crucial, and UCO Bank presents an interesting mix:
Promoters hold a substantial 95.39%.
Retail and others command 3.24%.
Foreign Institutional Investors (FIIs) contribute 0.03%.
Domestic Institutional Investors (DIIs) possess 1.24%.
Mutual Funds own 0.10% of UCO Bank shares.
UCO Bank Financial Trends
Now, let’s talk numbers. In 2019, UCO Bank recorded a revenue of ₹15,844 Cr and a loss of ₹-4,321 Cr. Fast forward to 2022, the bank achieved a whopping profit of ₹895 Cr with a revenue of ₹18,082 Cr. This positive trajectory signals potential growth.
UCO Bank Share Price Target 2023
Looking ahead, the current rally suggests promising growth. For 2023, our analysis predicts a UCO Bank Share Price Target of INR 39.40, with a maximum potential of INR 42. The momentum is strong, and the share price might surpass the quoted figures. As the stock continues its upward journey, keep an eye on the next financial quarter for potential developments in UCO Bank’s trajectory.
UCO Bank Share Price Target 2024
As we continue our journey through the financial landscape of UCO Bank, let’s shine a light on the projections for 2024. Despite a P/E ratio of 29, which seems reasonable, the ROE and EPS tell a different story at 3.89% and 1.01, respectively—numbers that raise eyebrows. However, with a book value of 20, aligning with the current stock value, the situation is deemed fair. Anticipating a positive turn, the UCO Bank Share Price Target for 2024 is poised at INR 54, with a potential high of INR 59.
UCO Bank Share Price Target 2025
Fast forward to 2025, and UCO Bank’s financials are on an upward trajectory. After facing losses in 2019 and 2020, the tide turned in 2021 and 2022 with a noteworthy profit. The continuous rise in revenue and net worth paints a promising picture. Riding this financial wave, the UCO Bank Share Price Target for 2025 is estimated at INR 55, with a potential peak of INR 73 if the financial trends remain favorable.
UCO Bank Share Price Target 2030
Looking at the long-term horizon, UCO Bank’s debt situation raises concerns with a debt of 237,581 crores and a debt-to-equity ratio of 10.1. High debt levels pose risks for both the company and investors. Considering this, the UCO Bank Share Price Target for 2030 is forecasted at INR 79.33, with a secondary target of INR 108.62 if the stock hits the mark.
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Is UCO Bank a debt-free company?
No, UCO Bank is not a debt-free company. Currently, the company holds a significant debt of ₹237,581 crore, with a debt-to-equity ratio of 10.1.
What will be the share price target of UCO Bank in 2025?
After thorough analysis, the projected share price of UCO Bank in 2025 is estimated to be around 260 – 300 rupees. However, it’s essential to consider various factors that may influence stock prices.
Where is the head office of UCO Bank?
UCO Bank’s head office is located in Kolkata, India. This financial hub oversees the operations and strategies of the bank, playing a pivotal role in its functioning.
WHAT IS UCO BANK SHARE PRICE TARGET For 2030?
Based on latest analysis projection UCO bank is expected to range in between Rs. 135.43 to Rs. 189.68 in 2030.
Can UCO BANK SHARE PRICE reach ₹ 200 Today
There is optimistic speculation that UCO Bank’s share price could reach ₹200 today but UCO BAnk Share can reach over Rs 200 by the end of 2030 or shortly thereafter.
Is UCO Bank Overvalued?
In the Base Case scenario, the intrinsic value of one UCOBANK stock is 20.18 INR, indicating that, at the current market price of 37.80 INR, the stock is overvalued by 50%.
Is UCO Bank a Dividend Paying Company?
Yes, UCO Bank’s current dividend yield stands at 7.81%, with an annual dividend payment of ₹3.
What is the financial result of UCO Bank in 2023?
In 2023, UCO Bank reported its highest-ever annual net profit, amounting to Rs. 1862.34 Crore, compared to Rs. 929.76 Crore for the previous fiscal year ended on March 31.
Is UCO Bank Share a good long term investment?
As of November 30, 2023, UCOBANK’s share price closed at 37.80. We recommend buying for the long term with a stop loss at 30.75 and selling for the short term with a stop loss at 39.49.