News headlines about Shinhan Financial Group Co (NYSE:SHG) have trended positive recently, according to AlphaOne Sentiment. The research group, a subsidiary of Accern, scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Shinhan Financial Group Co earned a daily sentiment score of 0.31 on AlphaOne’s scale. AlphaOne also gave headlines about the bank an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an impact on the company’s share price in the immediate future.
Shinhan Financial Group Co (NYSE SHG) traded down 0.78% during mid-day trading on Monday, reaching $44.36. 56,659 shares of the company traded hands. The stock has a 50 day moving average price of $43.69 and a 200-day moving average price of $41.12. Shinhan Financial Group Co has a 52-week low of $30.57 and a 52-week high of $45.37. The company has a market capitalization of $21.04 billion, a P/E ratio of 7.98 and a beta of 1.10.
Separately, Zacks Investment Research raised shares of Shinhan Financial Group Co from a “sell” rating to a “strong-buy” rating and set a $47.00 price target on the stock in a report on Friday, March 10th.
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About Shinhan Financial Group Co
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.
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