Shares of Mitsubishi UFJ Financial Group Inc (NYSE:MUFG) have been given a consensus broker rating score of 1.50 (Buy) from the two analysts that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company.

Analysts have set a 12-month consensus price target of $8.50 for the company, according to Zacks. Zacks has also assigned Mitsubishi UFJ Financial Group an industry rank of 193 out of 257 based on the ratings given to related companies.

Separately, Daiwa Capital Markets raised shares of Mitsubishi UFJ Financial Group from a “neutral” rating to an “outperform” rating in a report on Monday, September 3rd.

NYSE MUFG traded down $0.04 during trading on Monday, hitting $5.94. 496,700 shares of the company’s stock traded hands, compared to its average volume of 1,302,687. The company has a market cap of $80.40 billion, a PE ratio of 8.37, a price-to-earnings-growth ratio of 2.09 and a beta of 1.56. Mitsubishi UFJ Financial Group has a 12-month low of $5.49 and a 12-month high of $8.11. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.82.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. LPL Financial LLC purchased a new stake in Mitsubishi UFJ Financial Group during the first quarter valued at about $103,000. Reliance Trust Co. of Delaware purchased a new stake in Mitsubishi UFJ Financial Group during the third quarter valued at about $103,000. Toronto Dominion Bank purchased a new stake in Mitsubishi UFJ Financial Group during the third quarter valued at about $104,000. SG Americas Securities LLC purchased a new stake in Mitsubishi UFJ Financial Group during the third quarter valued at about $143,000. Finally, Quadrant Capital Group LLC purchased a new stake in Mitsubishi UFJ Financial Group during the third quarter valued at about $163,000. 1.08% of the stock is currently owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Company Profile

Mitsubishi UFJ Financial Group, Inc, a bank holding company, provides financial services in Japan and internationally. Its Retail Banking Business Group segment offers a range of products and services, such as bank deposits, loans, asset management and administration services, investment products, and settlement services.

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