Woori Bank American Depositary Shares (Each representing 3 shares of ) (WF) Upgraded by Zacks Investment Research to “Strong-Buy”

Zacks Investment Research upgraded shares of Woori Bank American Depositary Shares (Each representing 3 shares of ) (NYSE:WF) from a sell rating to a strong-buy rating in a report published on Saturday. Zacks Investment Research currently has $52.00 target price on the bank’s stock.

According to Zacks, “Woori Financial Group was established as Korea’s first financial holding company in April 2001 to keep pace with the global trends and evolve as a global player with world-class competitiveness. Since its launch, the Group has achieved remarkable growth in the banking business thanks to the consolidated performances of banking subsidiaries, and continued to expand its non-banking businesses through mergers and acquisitions and joint investments, As a result, the Group became the Korea’s representative financial group. “

Shares of Woori Bank American Depositary Shares (WF) traded down $1.08 on Friday, reaching $44.24. The company had a trading volume of 12,607 shares, compared to its average volume of 13,067. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.08 and a quick ratio of 1.08. Woori Bank American Depositary Shares has a 1 year low of $30.92 and a 1 year high of $53.50. The stock has a market cap of $9,968.73, a PE ratio of 8.69, a P/E/G ratio of 1.13 and a beta of 1.04.

Large investors have recently added to or reduced their stakes in the business. Wells Fargo & Company MN grew its stake in Woori Bank American Depositary Shares (Each representing 3 shares of ) by 15,303.0% during the 3rd quarter. Wells Fargo & Company MN now owns 5,083 shares of the bank’s stock valued at $237,000 after acquiring an additional 5,050 shares in the last quarter. GRATRY & Co LLC purchased a new position in Woori Bank American Depositary Shares (Each representing 3 shares of ) during the 2nd quarter valued at about $297,000. Dimensional Fund Advisors LP grew its stake in Woori Bank American Depositary Shares (Each representing 3 shares of ) by 0.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 31,778 shares of the bank’s stock valued at $1,547,000 after acquiring an additional 177 shares in the last quarter. Teachers Retirement System of The State of Kentucky purchased a new position in Woori Bank American Depositary Shares (Each representing 3 shares of ) during the 3rd quarter valued at about $2,951,000. Finally, Todd Asset Management LLC purchased a new position in Woori Bank American Depositary Shares (Each representing 3 shares of ) during the 3rd quarter valued at about $2,951,000. 0.35% of the stock is currently owned by institutional investors.

ILLEGAL ACTIVITY NOTICE: This report was originally posted by Community Financial News and is owned by of Community Financial News. If you are accessing this report on another website, it was illegally copied and reposted in violation of United States & international copyright and trademark law. The legal version of this report can be read at https://www.com-unik.info/2017/12/03/woori-bank-american-depositary-shares-each-representing-3-shares-of-wf-upgraded-by-zacks-investment-research-to-strong-buy.html.

Woori Bank American Depositary Shares (Each representing 3 shares of ) Company Profile

Woori Finance Holdings Co, Ltd. is a financial holding company. The Company serves over 24 million corporate and retail customers with a range of financial services, including commercial banking, credit card, capital market, international banking, wealth management and bancassurance services. The Company’s domestic network consists of more than 1,300 branches and 8,500 cash terminals.

What are top analysts saying about Woori Bank American Depositary Shares (Each representing 3 shares of )? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Woori Bank American Depositary Shares (Each representing 3 shares of ) and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit