Hello all, welcome back to this amazon website for the latest article. Today we will discuss UCO Bank share price target 2023, 2024, 2025, 2026, and 2030.
In this article, we will analyze UCO Bank and the future growth of the share price target. The past performance of this stock was not good. It has given low returns to its investors. But currently, it has been increasing and gaining heights in its stock price. This is good news for those investors who have invested in it.
Many new beginners are also interested in investing in UCO Bank shares. Before taking a step towards investing, we will have a look at UCO Bank fundamentals and its financial trends. I will also share with you the expected UCO Bank share price target for 2023, 2034, 2025, 2026, and 2030 and some frequently asked questions you need to go through.
Without any delay, let’s start our today’s topic.
About UCO Bank
As its name indicate that it is a banking sector company. G.D. Birla founded UCO Bank on 6 Jan 1946. It is headquartered in Kolkata, India. There are many branches across India. Its presence in foreign countries also. Soma Sankara Prasad is the CEO and M.D. of UCO Bank.
It operates in multiple sectors, including rural banking services, Retail Banking Operations, Treasury Operations, Corporate Banking Operations, and net banking worldwide.
It has a wide product portfolio like personal, education, car, home, and gold loans.
Also Read: Surat Textile Share Price target 2023 to 2030
Also Read: NCC Share Price Target 2023 to 2030
UCO Bank Financial trends
| Year | Revenue | Profit |
| 2019 | INR 15,844 Cr | INR -4,321 Cr |
| 2020 | INR 18,006 Cr | INR -2,437 Cr |
| 2021 | INR 17,870 Cr | INR 146 Cr |
| 2022 | INR 18,082 Cr | INR 895 Cr |
UCO Bank Shareholdings
It is one of the most important aspects of stock price. Before making an investment we should analyze how much percentage holds shareholders.
| Promoters | 95.39% |
| Retailers | 3.24% |
| Mutual funds hold | 0.10% |
| Domestic Institutional Investors | 1.24% |
| Foreign Institutional Investors | 0.03% |
UCO Bank Share Price Target 2023, 2024, 2025, 2026, and 2030
| Year | Ist Target | IInd Target |
| 2023 | INR 35 | INR 40 |
| 2024 | INR 54 | INR 59 |
| 2025 | INR 68 | INR 73 |
| 2026 | INR 90 | INR 100 |
| 2027 | INR 125 | INR 133 |
| 2028 | INR 160 | INR 172 |
| 2029 | INR 198 | INR 210 |
| 2030 | INR 260 | INR 300 |
UCO Bank Share Price Target 2023
The current growth of the company is good. Its share price is expected to likely increase in the future. The expected UCO Bank share price target 2023 can reach INR 35 as its minimum target and INR 40 as its maximum target. Its price can even grow higher because its current growth is good. Let’s see the growth of UCO Bank up to the last quarter of this year.
UCO Bank Share Price Target 2024
If we observe its past performance, its growth was not good. But suddenly, it can grow slowly, and its share price is also increasing. The expected UCO Bank share price target 2024 can reach INR 54 as its minimum target and INR 59 as its maximum target.
UCO Bank Share Price Target 2025
This company is financially good. Currently, it has to gain heights, and it can give good returns to its investors. If we look at the information given above, the net worth and revenue are almost increasing, but the profit was negative. The most important factor is that its revenue and bet worth are unaffected due to less profit.
The expected UCO Bank share price target can be INR 68 as its minimum target and INR 73 as its maximum target. Hopefully, it will give tremendous results.
UCO Bank Share Price Target 2030
Suppose we talk about long-term investment. This company has almost good fundamentals, and its current growth is also good. But if we plan for a long-term investment, we must see the company’s debt. This company has much debt of around INR 237,581 Cr. The risk factor is also high if a company has high debt. Investing is your choice.
The expected UCO Bank share price target 2030 can reach INR 260 as its minimum target and INR 300 as its maximum target.
Conclusion
Hey guys, I have shared all the important information about UCO bank share price targets for 2023, 2024, 2025, and 2030. I hope you all understand the main core fundamentals of UCO Bank. And now you can take your decision by yourself. If you don’t know much about the stock market, gaining quality knowledge and talking to an expert will be a plus point.
When you invest, keeping in mind that risk is also a part of the stock market, you have to prepare for yourself as per the market trend. If you like this information, share it with your family, friends, and colleagues.
Frequently Asked Questions
Is UCO a debt-free company?
The risk factor will be more in this stock. It is not a debt-free company. It has a huge debt of around INR 237,581 Cr.
IS UCO Bank stock good to buy?
By seeing the company’s current growth, it is good too. But if we the debt of this company, then somewhere we are confident to say that you should buy this stock or not.
What is the target of UCO Bank in 2030?
The expected UCO Bank share price target 2030 can reach INR 260 as its first target. The second target could be INR 300.
Is UCO a long-term investment?
It has a high debt of around INR 237,581 Cr. It can be risky for long-term investment.
IS UCO Bank Profitable?
The current growth of UCO Bank is good, and its share price is also increasing. It is more likely to give high returns.
