Sumitomo Mitsui Financial Grp (SMFG) Lifted to “Strong-Buy” at ValuEngine
ValuEngine upgraded shares of Sumitomo Mitsui Financial Grp (NYSE:SMFG) from a buy rating to a strong-buy rating in a research note issued to investors on Thursday.
Separately, Zacks Investment Research raised shares of Sumitomo Mitsui Financial Grp from a strong sell rating to a hold rating in a report on Thursday, November 2nd.
Shares of Sumitomo Mitsui Financial Grp (SMFG) opened at $8.69 on Thursday. The stock has a market cap of $61,440.69, a price-to-earnings ratio of 8.36 and a beta of 1.30. Sumitomo Mitsui Financial Grp has a twelve month low of $6.93 and a twelve month high of $9.67. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.98 and a quick ratio of 0.96.
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About Sumitomo Mitsui Financial Grp
Sumitomo Mitsui Financial Group, Inc is a holding company for Sumitomo Mitsui Banking Corporation (the Bank) and its subsidiaries. The Company operates through four segments: Commercial Banking, Leasing, Securities and Consumer Finance. The Company and its subsidiaries offer a range of financial services, including commercial banking, leasing, securities, consumer finance and other services.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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