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Punjab And Sind Bank Target Price

Question

What do you mean by Target Price in Punjab And Sind Bank share market reference , will you plz let me know as my brother want to know about the same here ??

Answer
Punjab & Sind Bank is a government-owned bank (79.62%), with headquarters in New Delhi. Of its 1466 branches spread throughout India, 623 branches are in Punjab state.

A price target is the projected price level of a financial security stated by an investment analyst or advisor. It represents a security’s price that, if achieved, results in a trader recognizing the best possible outcome for his investment.

Bank profile :

Type Public

Traded as BSE: 533295

NSE: PSB

Industry Banking

Financial services

Founded 24 June 1908; 109 years ago

Headquarters Rajendra Place New Delhi, India

Key people S.Jatinderbir Singh (CEO&MD.), Shri. Fareed Ahmed (E.D.)

Products Finance, FOREX, Retail Banking

Revenue 8,744.34 crore (US$1.4 billion)(2016)

Operating income 1,270 crore (US$200 million)(2016)

Net income 335.97 crore (US$52 million) (2016)

Total assets 102,581.42 crore (US$16 billion) (2016)

Owner Government of India

Number of employees 9,403 (2016)

Capital ratio 10.91% (2016)

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