Shinhan Financial Group Co., Ltd. (NYSE:SHG) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.
Brokers have set a 1 year consensus price objective of $56.00 for the company, according to Zacks. Zacks has also assigned Shinhan Financial Group an industry rank of 183 out of 255 based on the ratings given to related companies.
Separately, Zacks Investment Research cut Shinhan Financial Group from a “hold” rating to a “sell” rating in a research note on Friday.
Shares of NYSE SHG traded up $0.47 during trading hours on Friday, hitting $40.22. The company’s stock had a trading volume of 68,599 shares, compared to its average volume of 115,679. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.08 and a quick ratio of 1.08. The stock has a market capitalization of $19.07 billion, a PE ratio of 7.02, a PEG ratio of 0.84 and a beta of 0.91. Shinhan Financial Group has a 12 month low of $34.02 and a 12 month high of $45.35.
About Shinhan Financial Group
Shinhan Financial Group Co, Ltd. provides financial products and services in South Korea and internationally. The company operates through five segments: Banking, Credit Cards, Securities, Life Insurance, and Others. It offers retail banking services, including mortgage and home equity, and retail lending; demand, savings, and fixed deposit-taking; checking accounts; electronic banking and automatic teller machines (ATM); and bill paying, payroll and check-cashing, currency exchange, and wire fund transfer services.
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