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Zacks Investment Research recorded Shinhan Financial Group Co., Ltd. (ADR) (NYSE:SHG), hiking its price target to $52.00 today

Showing a price of $43.42, Shinhan Financial Group Co., Ltd. (ADR) (NYSE:SHG) traded 2.00% higher on the day. With the last stock price close down 0.87% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same period. SHG has recorded a 50-day average of $46.02 and a two hundred day average of $43.94. Volume of trade was up over the average, with 91,412 shares of SHG changing hands over the typical 88,353

Shinhan Financial Group Co., Ltd. (ADR) (NYSE:SHG) had its target price raised to $52.00 by Zacks Investment Research in an issued report issued 6/21/2017. The upped price target implies a potential upside of 0.20% from the company's most recent close.

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Shinhan Financial Group Co., Ltd. (ADR) (NYSE:SHG)

Shinhan Financial Group Co., Ltd. (ADR) has a 52 week low of $35.22 and a one year high of $48.98 with a PE ratio of 7.40 Shinhan Financial Group Co., Ltd. (ADR)’s market capitalization is presently $0.

Brief Synopsis About Shinhan Financial Group Co., Ltd. (ADR) (NYSE:SHG)

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. (Shinhan Investment); life insurance services, which are provided by Shinhan Life Insurance Co., Ltd. (Shinhan Life Insurance), and other. The Company's other services include leasing and equipment financing, regional banking services, savings banking services, loan collection and credit reporting, collective investment administrative services and financial system development services, as well as engaging in private equity investments through formation of private equity funds on a private placement basis. It also offers asset management services, including brokerage and trading of various securities.

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