Sumitomo Mitsui Financial Group (SMFG) Receiving Positive News Coverage, Report Finds
Press coverage about Sumitomo Mitsui Financial Group (NYSE:SMFG) has been trending positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Sumitomo Mitsui Financial Group earned a daily sentiment score of 0.39 on Accern’s scale. Accern also gave press coverage about the bank an impact score of 0 out of 100, indicating that recent news coverage is extremely unlikely to have an impact on the stock’s share price in the near future.
A number of equities analysts have commented on the stock. BidaskClub lowered shares of Sumitomo Mitsui Financial Group from a “hold” rating to a “sell” rating in a report on Thursday, June 22nd. UBS AG raised shares of Sumitomo Mitsui Financial Group from a “neutral” rating to a “buy” rating in a research report on Wednesday, June 21st. Finally, ValuEngine downgraded shares of Sumitomo Mitsui Financial Group from a “strong-buy” rating to a “buy” rating in a research report on Friday, June 2nd. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Buy”.
Shares of Sumitomo Mitsui Financial Group (SMFG) opened at 7.60 on Monday. Sumitomo Mitsui Financial Group has a 52-week low of $5.82 and a 52-week high of $8.30. The company has a market cap of $53.58 billion, a P/E ratio of 9.29 and a beta of 1.29. The stock has a 50 day moving average of $7.53 and a 200 day moving average of $7.63.
ILLEGAL ACTIVITY NOTICE: “Sumitomo Mitsui Financial Group (SMFG) Receiving Positive News Coverage, Report Finds” was published by Watch List News and is the property of of Watch List News. If you are reading this piece on another publication, it was copied illegally and republished in violation of U.S. & international trademark and copyright legislation. The legal version of this piece can be viewed at https://www.watchlistnews.com/sumitomo-mitsui-financial-group-smfg-receiving-positive-news-coverage-report-finds/1445198.html.
Sumitomo Mitsui Financial Group Company Profile
Sumitomo Mitsui Financial Group, Inc is a holding company for Sumitomo Mitsui Banking Corporation (the Bank) and its subsidiaries. The Company operates through four segments: Commercial Banking, Leasing, Securities and Consumer Finance. The Company and its subsidiaries offer a range of financial services, including commercial banking, leasing, securities, consumer finance and other services.
Receive News & Ratings for Sumitomo Mitsui Financial Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sumitomo Mitsui Financial Group Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.