Mitsubishi UFJ Financial Group (MTU) Earning Favorable Press Coverage, Analysis Shows
News headlines about Mitsubishi UFJ Financial Group (NYSE:MTU) have trended positive this week, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than twenty 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 media sentiment score of 0.29 on Accern’s scale. Accern also gave news stories about the bank an impact score of 45.3267367075323 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media headlines that may have effected Accern’s analysis:
- Mitsubishi UFJ Financial Group Inc (MTU) Receives Consensus Rating of “Buy” from Brokerages (americanbankingnews.com)
- Springowl Associates Has Lifted By $546000 Its Hain Celestial Group (HAIN … (whatsonthorold.com)
- Mitsubishi UFJ Financial : Bereket Abraha Joins Union Bank as Branch Manager for the Seattle-Ballard Branch (4-traders.com)
Mitsubishi UFJ Financial Group (NYSE MTU) traded up 1.50% on Thursday, hitting $6.08. 1,909,774 shares of the stock traded hands. Mitsubishi UFJ Financial Group has a 12-month low of $4.83 and a 12-month high of $7.01. The company’s 50 day moving average price is $6.28 and its 200-day moving average price is $6.42. The stock has a market capitalization of $80.79 billion, a P/E ratio of 29.95 and a beta of 1.59.
Mitsubishi UFJ Financial Group (NYSE:MTU) last announced its quarterly earnings results on Tuesday, August 1st. The bank reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.05. The business had revenue of $13.57 billion for the quarter. Mitsubishi UFJ Financial Group had a net margin of 16.99% and a return on equity of 6.59%. Analysts predict that Mitsubishi UFJ Financial Group will post $0.55 EPS for the current year.
A number of analysts recently commented on the stock. BidaskClub downgraded shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “strong sell” rating in a report on Saturday, August 12th. Zacks Investment Research upgraded shares of Mitsubishi UFJ Financial Group from a “hold” rating to a “buy” rating and set a $7.50 target price on the stock in a report on Tuesday, July 4th. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the stock. Mitsubishi UFJ Financial Group has an average rating of “Buy” and a consensus target price of $7.50.
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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