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.

Institutional investors and hedge funds have recently modified their holdings of the company. Citadel Advisors LLC bought a new position in shares of Shinhan Financial Group during the 4th quarter worth approximately $268,000. BNP Paribas Arbitrage SA grew its stake in shares of Shinhan Financial Group by 76.0% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 6,148 shares of the bank’s stock worth $272,000 after acquiring an additional 2,655 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in shares of Shinhan Financial Group during the 2nd quarter worth approximately $298,000. Virtu KCG Holdings LLC grew its stake in shares of Shinhan Financial Group by 34.4% during the 2nd quarter. Virtu KCG Holdings LLC now owns 6,905 shares of the bank’s stock worth $300,000 after acquiring an additional 1,766 shares in the last quarter. Finally, Cubist Systematic Strategies LLC bought a new position in shares of Shinhan Financial Group in the second quarter valued at $354,000. 2.25% of the stock is owned by institutional investors.

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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