Mizuho Financial Group (NYSE:MFG) was downgraded by research analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating in a research report issued to clients and investors on Thursday, Marketbeat reports.
Separately, Zacks Investment Research raised shares of Mizuho Financial Group from a “hold” rating to a “buy” rating and set a $4.00 price target for the company in a report on Wednesday, October 4th. Two equities research analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $4.00.
Shares of Mizuho Financial Group (NYSE:MFG) traded up $0.03 during midday trading on Thursday, reaching $3.65. 245,500 shares of the company traded hands, compared to its average volume of 264,980. The stock has a market cap of $45,912.89, a price-to-earnings ratio of 9.28 and a beta of 1.20. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.90 and a current ratio of 0.93. Mizuho Financial Group has a 12 month low of $3.37 and a 12 month high of $3.87.
Mizuho Financial Group Company Profile
Mizuho Financial Group, Inc (MHFG) is a financial holding company. The Company, through its subsidiaries, provides domestic and international financial services in Japan and other countries. The Company’s segments include MHBK, MHTB, MHSC and Others. The MHBK segment includes Personal Banking; Retail Banking; Corporate Banking (Large Corporations); Corporate Banking; Financial Institutions & Public Sector Business; International Banking, and Trading and others.
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