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J.P. Morgan Remains a Buy on Mitsubishi UFJ Financial Group (MBFJF)

Tipranks - Tipranks - Wed Feb 11, 4:18AM CST

In a report released today, Takahiro Yano from J.P. Morgan maintained a Buy rating on Mitsubishi UFJ Financial Group, with a price target of Yen3,760.00.

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According to TipRanks, Yano is a 5-star analyst with an average return of 43.3% and a 91.23% success rate. Yano covers the Financial sector, focusing on stocks such as Japan Post Bank Co, Mitsubishi UFJ Financial Group, and SBI Holdings.

In addition to J.P. Morgan, Mitsubishi UFJ Financial Group also received a Buy from TipRanks – OpenAI’s OpenAI Banks – Diversified in a report issued on February 8. However, on the same day, TipRanks – PerPlexity reiterated a Hold rating on Mitsubishi UFJ Financial Group (Other OTC: MBFJF).

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Based on Mitsubishi UFJ Financial Group’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of Yen3261395000 thousand and a net profit of Yen746.89 billion. In comparison, last year the company earned a revenue of Yen3120930000 thousand and had a net profit of Yen702.3 billion

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