Price Action Alert: How Analysts Feel About Mitsubishi UFJ Financial Group Inc (ADR) After Today’s Significant Increase?

Price Action Alert: How Analysts Feel About Mitsubishi UFJ Financial Group Inc (ADR) After Today's Significant Increase?

The stock of Mitsubishi UFJ Financial Group Inc (ADR) (NYSE:MTU) is a huge mover today! About 1.86M shares traded hands or 61.74% up from the average. Mitsubishi UFJ Financial Group Inc (ADR) (NYSE:MTU) has risen 14.06% since April 8, 2016 and is uptrending. It has outperformed by 8.41% the S&P500.
The move comes after 7 months positive chart setup for the $70.95 billion company. It was reported on Nov, 10 by Barchart.com. We have $6.49 PT which if reached, will make NYSE:MTU worth $14.90B more.

Analysts await Mitsubishi UFJ Financial Group Inc (ADR) (NYSE:MTU) to report earnings on November, 11.

Mitsubishi UFJ Financial Group Inc (ADR) (NYSE:MTU) Ratings Coverage

Out of 2 analysts covering Mitsubishi UFJ Financial Group (NYSE:MTU), 1 rate it a “Buy”, 1 “Sell”, while 0 “Hold”. This means 50% are positive. Mitsubishi UFJ Financial Group has been the topic of 3 analyst reports since August 17, 2015 according to StockzIntelligence Inc. The firm has “Sell” rating given on Thursday, February 4 by Citigroup. As per Thursday, February 25, the company rating was upgraded by UBS. The rating was upgraded by Zacks to “Hold” on Monday, August 17.

According to Zacks Investment Research, “Mitsubishi Tokyo provides a variety of financial and investment services such as commercial banking, asset management services and trust banking.”

More recent Mitsubishi UFJ Financial Group Inc (ADR) (NYSE:MTU) news were published by: Marketwatch.com which released: “Mitsubishi UFJ Financial Group Inc. ADR” on May 19, 2009. Also Quotes.Wsj.com published the news titled: “DOW JONES, A NEWS CORP COMPANY” on February 13, 2011. Bidnessetc.com‘s news article titled: “Mitsubishi UFJ Financial Group Inc (ADR) To Buy UBS Group Investment Unit” with publication date: June 19, 2015 was also an interesting one.

MTU Company Profile

Mitsubishi UFJ Financial Group, Inc. (MUFJ), incorporated on April 2, 2001, is a bank holding company. The Company’s divisions 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. The Company’s subsidiaries include The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU), Mitsubishi UFJ Trust and Banking Corporation (MUTB), Mitsubishi UFJ Securities Holdings Co., Ltd. (MUSHD), Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. (MUMSS) and Mitsubishi UFJ NICOS Co., Ltd.

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