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)