Shares of Shinhan Financial Group (NYSE:SHG) have been assigned a consensus broker rating score of 3.00 (Hold) from the one brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation.
Brokerages have set a twelve-month consensus target price of $52.00 for the company, according to Zacks. Zacks has also assigned Shinhan Financial Group an industry rank of 79 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research lowered Shinhan Financial Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 2nd.
Shares of NYSE SHG opened at $41.94 on Friday. Shinhan Financial Group has a 1-year low of $40.02 and a 1-year high of $50.37. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.17 and a current ratio of 1.17. The company has a market cap of $19,997.00, a PE ratio of 4.25, a PEG ratio of 1.66 and a beta of 1.22.
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About Shinhan Financial Group
Shinhan Financial Group Co, Ltd. provides financial products and services in South Korea and internationally. The company operates through Banking, Credit Card, Securities, Life Insurance, and Others segments. Its retail banking services include mortgage and home equity, and retail lending products; demand, savings, and fixed deposit-taking; checking accounts, and electronic banking and automatic teller machine (ATM) services; and bill paying, payroll and check-cashing, currency exchange, and wire fund transfer services.
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