Zacks: Shinhan Financial Group Co., Ltd. (SHG) Given Average Rating of “Hold” by Analysts
Shinhan Financial Group Co., Ltd. (NYSE:SHG) has been assigned a consensus broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating.
Brokerages have set a 12-month consensus target price of $52.00 for the company, according to Zacks. Zacks has also assigned Shinhan Financial Group an industry rank of 200 out of 265 based on the ratings given to its competitors.
Several equities analysts have recently commented on the stock. Zacks Investment Research downgraded shares of Shinhan Financial Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 21st. raised shares of Shinhan Financial Group from a “hold” rating to a “buy” rating in a research note on Tuesday, August 22nd.
Shinhan Financial Group (NYSE SHG) traded down $1.59 during mid-day trading on Monday, hitting $43.58. 123,900 shares of the stock traded hands, compared to its average volume of 82,065. Shinhan Financial Group has a 1 year low of $36.69 and a 1 year high of $48.98. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.17 and a quick ratio of 1.17. The stock has a market capitalization of $21,100.00, a P/E ratio of 3.73, a PEG ratio of 1.42 and a beta of 1.05.
Shinhan Financial Group Company Profile
Shinhan Financial Group Co, Ltd. (SFG) is a financial holding company. The Company operates through five segments: commercial banking services, which are provided by Shinhan Bank Co, Ltd. (Shinhan Bank); credit card services, which are provided by Shinhan Card Co, Ltd. (Shinhan Card); securities brokerage services, which are provided by Shinhan Investment Corp.
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