Brokerages Set $52.00 Target Price for Shinhan Financial Group Co., Ltd. (SHG)
Shinhan Financial Group Co., Ltd. (NYSE:SHG) has earned a consensus broker rating score of 3.00 (Hold) from the one analysts that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating.
Brokerages have set a one year consensus target price of $52.00 for the company, according to Zacks. Zacks has also assigned Shinhan Financial Group an industry rank of 213 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research cut shares of Shinhan Financial Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 2nd.
Shinhan Financial Group (SHG) opened at $44.63 on Monday. The firm has a market cap of $21,163.50, a P/E ratio of 3.82, a PEG ratio of 1.76 and a beta of 1.11. Shinhan Financial Group has a 52 week low of $40.02 and a 52 week high of $50.37. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.17 and a current ratio of 1.17.
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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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