Media stories about Shinhan Financial Group Co (NYSE:SHG) have been trending very positive this week, Accern Sentiment reports. Accern scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Shinhan Financial Group Co earned a media sentiment score of 0.51 on Accern’s scale. Accern also gave news stories about the bank an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an effect on the company’s share price in the immediate future.
Separately, Zacks Investment Research raised Shinhan Financial Group Co from a “hold” rating to a “strong-buy” rating and set a $52.00 price target for the company in a report on Wednesday, June 21st.
Shares of Shinhan Financial Group Co (NYSE SHG) opened at 43.48 on Wednesday. Shinhan Financial Group Co has a one year low of $32.14 and a one year high of $45.37. The stock has a market capitalization of $20.62 billion, a P/E ratio of 7.99 and a beta of 1.06. The firm’s 50-day moving average price is $44.13 and its 200-day moving average price is $41.67.
Shinhan Financial Group Co 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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