Zacks Investment Research upgraded shares of Mitsubishi UFJ Financial Group (NYSE:MUFG) from a hold rating to a buy rating in a research report report published on Friday morning. The firm currently has $7.50 price objective on the stock.
According to Zacks, “Mitsubishi Tokyo provides a variety of financial and investment services such as commercial banking, asset management services and trust banking. “
Shares of MUFG stock traded down $0.16 on Friday, hitting $6.45. The stock had a trading volume of 775,257 shares, compared to its average volume of 1,657,361. Mitsubishi UFJ Financial Group has a 52-week low of $5.94 and a 52-week high of $8.11.
TRADEMARK VIOLATION WARNING: This piece was published by Ticker Report and is the property of of Ticker Report. If you are reading this piece on another website, it was stolen and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this piece can be viewed at https://www.tickerreport.com/banking-finance/3338343/mitsubishi-ufj-financial-group-mufg-upgraded-to-buy-at-zacks-investment-research.html.
Mitsubishi UFJ Financial Group Company Profile
Mitsubishi UFJ Financial Group, Inc operates as a holding company, which provides financial services through its subsidiaries. It operates through the following segments: Integrated Retail Banking Business Group, Integrated Corporate Banking Business Group, Integrated Trust Assets Business Group, Integrated Global Business Group, Global Markets and Others.
Receive News & Ratings for Mitsubishi UFJ Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mitsubishi UFJ Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.