Mitsubishi UFJ Financial Group Inc (NYSE:MUFG) has earned an average broker rating score of 1.50 (Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a buy rating and one has issued a strong buy rating on the company. Mitsubishi UFJ Financial Group’s rating score has improved by 25% in the last 90 days as a result of a number of analysts’ upgrades and downgrades.

Brokers have set a 12 month consensus price objective of $8.50 for the company, according to Zacks. Zacks has also given Mitsubishi UFJ Financial Group an industry rank of 177 out of 257 based on the ratings given to its competitors.

A number of research analysts have weighed in on MUFG shares. Daiwa Capital Markets raised Mitsubishi UFJ Financial Group from a “neutral” rating to an “outperform” rating in a research note on Monday, September 3rd. Citigroup started coverage on Mitsubishi UFJ Financial Group in a research note on Tuesday, November 13th. They set a “buy” rating on the stock. Finally, Zacks Investment Research reissued a “hold” rating on shares of Mitsubishi UFJ Financial Group in a research note on Wednesday, November 14th.

Shares of Mitsubishi UFJ Financial Group stock traded down $0.01 during trading hours on Tuesday, reaching $5.55. 1,989,323 shares of the company’s stock were exchanged, compared to its average volume of 1,394,891. Mitsubishi UFJ Financial Group has a 52-week low of $5.49 and a 52-week high of $8.11. The firm has a market cap of $76.42 billion, a PE ratio of 7.82, a P/E/G ratio of 1.99 and a beta of 1.56. The company has a quick ratio of 0.86, a current ratio of 0.85 and a debt-to-equity ratio of 0.82.

Several institutional investors have recently modified their holdings of MUFG. LPL Financial LLC purchased a new position in shares of Mitsubishi UFJ Financial Group during the 1st quarter worth $103,000. Reliance Trust Co. of Delaware purchased a new position in shares of Mitsubishi UFJ Financial Group in the 3rd quarter worth $103,000. Toronto Dominion Bank purchased a new position in shares of Mitsubishi UFJ Financial Group in the 3rd quarter worth $104,000. Envestnet Asset Management Inc. purchased a new position in shares of Mitsubishi UFJ Financial Group in the 3rd quarter worth $108,000. Finally, Bailard Inc. purchased a new position in shares of Mitsubishi UFJ Financial Group in the 3rd quarter worth $118,000. 1.08% of the stock is currently owned by institutional investors.

About Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group, Inc, a bank holding company, provides financial services in Japan and internationally. Its Retail Banking Business Group segment offers a range of products and services, such as bank deposits, loans, asset management and administration services, investment products, and settlement services.

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