Woori Financial Group Inc (NYSE:WF) has earned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.
Analysts have set a 12-month consensus price target of $53.00 for the company, according to Zacks. Zacks has also given Woori Financial Group an industry rank of 99 out of 255 based on the ratings given to its competitors.
Separately, ValuEngine raised shares of Woori Financial Group from a “sell” rating to a “hold” rating in a report on Friday, January 4th.
A number of large investors have recently modified their holdings of the stock. Nordea Investment Management AB purchased a new position in Woori Financial Group in the fourth quarter valued at approximately $28,000. Lindbrook Capital LLC purchased a new position in Woori Financial Group in the fourth quarter valued at approximately $58,000. Dimensional Fund Advisors LP increased its stake in Woori Financial Group by 5.9% in the third quarter. Dimensional Fund Advisors LP now owns 51,965 shares of the bank’s stock valued at $2,355,000 after purchasing an additional 2,902 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Woori Financial Group by 2,060.7% in the third quarter. JPMorgan Chase & Co. now owns 5,056 shares of the bank’s stock valued at $230,000 after purchasing an additional 4,822 shares during the last quarter. Finally, Millennium Management LLC purchased a new position in Woori Financial Group in the fourth quarter valued at approximately $212,000. 0.56% of the stock is currently owned by hedge funds and other institutional investors.
About Woori Financial Group
Woori Financial Group Inc provides commercial banking products and services to retail and individual customers, and corporations. The company offers salary, fixed deposit, savings, and ordinary and business deposit products; and professional, deposit mortgage, apartment, and mortgage loans, as well as corporate operating, facility, and policy loans.
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