Mitsubishi UFJ Financial Group (NYSE:MTU) Receives Media Impact Rating of 0.16
Media coverage about Mitsubishi UFJ Financial Group (NYSE:MTU) has trended somewhat positive on Saturday, according to Accern. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Mitsubishi UFJ Financial Group earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned news stories about the bank an impact score of 45.8459736426753 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news stories that may have effected Accern Sentiment’s analysis:
- MOVES- MUFG, Maven Capital, Standard Chartered (finance.yahoo.com)
- MOVES-MUFG names Sanjiv Vohra to co-head corporate banking in Asia & Oceania (feeds.reuters.com)
- Japan’s Banks Should Drop Fancy (finance.yahoo.com)
- Japan’s Biggest Bank Is Hiring in Saudi Arabia (finance.yahoo.com)
MTU has been the topic of a number of recent analyst reports. BidaskClub upgraded Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a report on Friday, June 9th. Zacks Investment Research upgraded Mitsubishi UFJ Financial Group from a “hold” rating to a “buy” rating and set a $7.50 price target on the stock in a report on Tuesday, July 4th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $7.50.
Shares of Mitsubishi UFJ Financial Group (NYSE MTU) traded up 0.65% during trading on Friday, hitting $6.23. The stock had a trading volume of 868,288 shares. The stock’s 50-day moving average price is $6.43 and its 200 day moving average price is $6.46. Mitsubishi UFJ Financial Group has a 1-year low of $4.83 and a 1-year high of $7.01. The firm has a market capitalization of $82.78 billion, a P/E ratio of 30.84 and a beta of 1.59.
Mitsubishi UFJ Financial Group (NYSE:MTU) last issued its quarterly earnings data on Tuesday, August 1st. The bank reported $0.20 EPS for the quarter, topping the consensus estimate of $0.15 by $0.05. Mitsubishi UFJ Financial Group had a net margin of 16.99% and a return on equity of 6.59%. The firm had revenue of $13.57 billion for the quarter. On average, analysts anticipate that Mitsubishi UFJ Financial Group will post $0.55 earnings per share for the current year.
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About Mitsubishi UFJ Financial Group
Mitsubishi UFJ Financial Group, Inc (MUFJ) is a bank holding company. The Company’s segments include Integrated Retail Banking Business Group, Integrated Corporate Banking Business Group, Integrated Trust Assets Business Group, Integrated Global Business Group and Krungsri. The Company’s services include commercial banking, trust banking, securities, credit cards, consumer finance, asset management, leasing and various fields of financial services.
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