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SMBC Nikko Sticks to Their Hold Rating for Mitsubishi UFJ Financial Group (MBFJF)

Tipranks - Tipranks - Tue Jan 27, 4:48AM CST

In a report released today, from SMBC Nikko maintained a Hold rating on Mitsubishi UFJ Financial Group, with a price target of Yen2,700.00.

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In addition to SMBC Nikko, Mitsubishi UFJ Financial Group also received a Hold from TipRanks – PerPlexity’s PerPlexity Banks – Diversified in a report issued yesterday. However, on the same day, TipRanks – OpenAI reiterated a Buy 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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