SBI (OTCMKTS:SBHGF – Get Free Report) is expected to announce its resultson Friday, July 31st. Analysts expect SBI to post earnings of $0.6520 per share and revenue of $3.2074 billion for the quarter.
SBI Stock Up 0.4%
SBI stock opened at $17.83 on Friday. The firm has a market cap of $5.89 billion, a PE ratio of 3.07 and a beta of 0.79. SBI has a 52-week low of $15.01 and a 52-week high of $25.72. The company’s 50 day moving average is $17.72 and its two-hundred day moving average is $19.60.
Analysts Set New Price Targets
Separately, Zacks Research raised SBI to a “hold” rating in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, SBI has an average rating of “Hold”.
About SBI
SBI Holdings, Inc is a Japan-based financial services conglomerate that traces its origins to the establishment of SoftBank Investment in 1999. The company was rebranded as SBI Holdings in 2005 following its separation from SoftBank Group. Since its inception, SBI has pursued a diversified strategy aimed at integrating traditional financial services with emerging fintech innovations.
The group’s core activities encompass online securities brokerage, retail and corporate banking, asset management, insurance services and venture capital investments.
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