Somewhat Positive News Coverage Somewhat Unlikely to Impact Shinhan Financial Group Co (SHG) Stock Price
News coverage about Shinhan Financial Group Co (NYSE:SHG) has trended somewhat positive on Tuesday, Accern reports. The research firm rates the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Shinhan Financial Group Co earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave news headlines about the bank an impact score of 45.4439898503101 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
SHG has been the subject of a number of research analyst reports. HSBC Holdings plc raised shares of Shinhan Financial Group Co from a “hold” rating to a “buy” rating in a research note on Tuesday, August 22nd. Zacks Investment Research raised shares of Shinhan Financial Group Co from a “sell” rating to a “strong-buy” rating and set a $52.00 price target for the company in a research note on Thursday, November 2nd.
Shares of Shinhan Financial Group Co (NYSE:SHG) traded up $0.09 during trading hours on Tuesday, hitting $43.21. 98,600 shares of the stock were exchanged, compared to its average volume of 81,022. The firm has a market cap of $20,447.46, a price-to-earnings ratio of 3.69, a P/E/G ratio of 1.40 and a beta of 1.09. Shinhan Financial Group Co has a 12 month low of $36.06 and a 12 month high of $48.98. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 1.46.
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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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