Shinhan Financial Group Co., Ltd. (NYSE:SHG) has been assigned a consensus broker rating score of 3.00 (Hold) from the one analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating.

Brokers have set a 1-year consensus price target of $52.00 for the company, according to Zacks. Zacks has also given Shinhan Financial Group an industry rank of 195 out of 265 based on the ratings given to its competitors.

A number of analysts have recently issued reports on SHG shares. upgraded shares of Shinhan Financial Group from a “hold” rating to a “buy” rating in a research note on Tuesday, August 22nd. Zacks Investment Research lowered shares of Shinhan Financial Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 21st.

Several hedge funds have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP grew its position in shares of Shinhan Financial Group by 1.2% during the third quarter. Dimensional Fund Advisors LP now owns 2,696,515 shares of the bank’s stock worth $119,448,000 after buying an additional 32,845 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Shinhan Financial Group by 1.1% during the second quarter. Vanguard Group Inc. now owns 1,500,199 shares of the bank’s stock worth $65,244,000 after buying an additional 16,082 shares in the last quarter. Northern Trust Corp grew its position in shares of Shinhan Financial Group by 6.6% during the second quarter. Northern Trust Corp now owns 1,266,029 shares of the bank’s stock worth $55,060,000 after buying an additional 78,581 shares in the last quarter. Brandes Investment Partners LP grew its position in shares of Shinhan Financial Group by 2.7% during the second quarter. Brandes Investment Partners LP now owns 1,006,005 shares of the bank’s stock worth $43,751,000 after buying an additional 26,511 shares in the last quarter. Finally, Aperio Group LLC grew its position in shares of Shinhan Financial Group by 10.2% during the third quarter. Aperio Group LLC now owns 388,931 shares of the bank’s stock worth $17,230,000 after buying an additional 36,072 shares in the last quarter. 2.27% of the stock is owned by institutional investors and hedge funds.

Shinhan Financial Group (NYSE:SHG) traded up $0.08 on Monday, hitting $44.30. 39,814 shares of the stock were exchanged, compared to its average volume of 86,491. The stock has a market capitalization of $20,969.08, a price-to-earnings ratio of 3.79, a P/E/G ratio of 1.44 and a beta of 1.07. Shinhan Financial Group has a 12 month low of $36.78 and a 12 month high of $48.98. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.17 and a quick ratio of 1.17.

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About Shinhan Financial Group

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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