The stock of Mitsubishi UFJ Financial Group Inc (ADR) (NYSE:MTU) is a huge mover today! About 256,759 shares traded hands. Mitsubishi UFJ Financial Group Inc (ADR) (NYSE:MTU) has risen 13.90% since April 25, 2016 and is uptrending. It has outperformed by 7.89% the S&P500.
The move comes after 8 months positive chart setup for the $79.41 billion company. It was reported on Nov, 28 by Barchart.com. We have $6.23 PT which if reached, will make NYSE:MTU worth $3.18 billion more.
Analysts await Mitsubishi UFJ Financial Group Inc (ADR) (NYSE:MTU) to report earnings on February, 6.
Mitsubishi UFJ Financial Group Inc (ADR) (NYSE:MTU) Ratings Coverage
Out of 3 analysts covering Mitsubishi UFJ Financial Group (NYSE:MTU), 1 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 33% are positive. Mitsubishi UFJ Financial Group has been the topic of 4 analyst reports since August 17, 2015 according to StockzIntelligence Inc. The rating was downgraded by Goldman Sachs to “Neutral” on Wednesday, November 23. The firm has “Buy” rating by UBS given on Thursday, February 25. Zacks upgraded it to “Hold” rating and $7.75 target price in Monday, August 17 report. The stock has “Sell” rating given by Citigroup on Thursday, February 4.
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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