J.P. Morgan Keeps Their Hold Rating on Mitsubishi UFJ Financial Group (MBFJF)
J.P. Morgan analyst Takahiro Yano maintained a Hold rating on Mitsubishi UFJ Financial Group (MBFJF – Research Report) yesterday and set a price target of Yen2,170.00. The company’s shares closed yesterday at $13.58.
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Yano covers the Financial sector, focusing on stocks such as Mitsubishi UFJ Financial Group, Mizuho Financial Group, and Sumitomo Mitsui Financial Group. According to TipRanks, Yano has an average return of 19.1% and a 79.07% success rate on recommended stocks.
Currently, the analyst consensus on Mitsubishi UFJ Financial Group is a Moderate Buy with an average price target of $13.95.
Based on Mitsubishi UFJ Financial Group’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1682834000 thousand and a net profit of $490.74 billion. In comparison, last year the company earned a revenue of $1452950000 thousand and had a net profit of $370.64 billion
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