Mizuho Financial Group inc. (MFG) Trading Down 0.9%
Mizuho Financial Group inc. (NYSE:MFG)’s share price fell 0.9% on Friday . The company traded as low as $3.48 and last traded at $3.49, with a volume of 77,150 shares. The stock had previously closed at $3.52.
A number of research firms recently weighed in on MFG. Zacks Investment Research raised shares of Mizuho Financial Group inc. from a “hold” rating to a “buy” rating and set a $3.50 price objective for the company in a research report on Friday, June 24th. JPMorgan Chase & Co. began coverage on shares of Mizuho Financial Group inc. in a research report on Wednesday, July 6th. They set an “overweight” rating for the company. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. Mizuho Financial Group inc. presently has an average rating of “Hold” and a consensus target price of $3.50.
The firm has a market capitalization of $44.19 billion and a P/E ratio of 6.93. The company’s 50-day moving average is $3.23 and its 200 day moving average is $3.07.
Mizuho Financial Group, Inc is a provider of domestic and international financial services in Japan and other countries. The Company is engaged in banking, trust banking, securities and other businesses related to financial services through its subsidiaries and affiliates. The Company has four segments: Mizuho Bank, Ltd., which offers a range of financial products and services in relation to deposits, lending and exchange settlement to individuals, small and medium enterprises, large corporations, financial institutions, public sector entities and foreign corporations, including foreign subsidiaries of Japanese corporations; Mizuho Trust & Banking Co, Ltd., which offers trust-related products and consulting services; Mizuho Securities Co, Ltd., which offers securities services to corporations, financial institutions, public sector entities and individuals, and Others, which include Trust & Custody Services Bank, Ltd., Mizuho Capital Co, Ltd.
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