Featured Stock: Sumitomo Mitsui Financial Group Inc (NYSE:SMFG)

Sumitomo Mitsui Financial Group Inc (NYSE:SMFG)

Stifel Nicolaus Downgrades Sumitomo Mitsui Financial Group Inc (NYSE:SMFG)’s stock to Hold with no specific Price Target. This rating was issued on 2/07/14. The stock recently closed its previous session at $7.77 by showing a percentage change of -1.15% from its previous day closing price of $7.86.

Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Several investment firms issued their expert ratings on Sumitomo Mitsui Financial Group Inc (NYSE:SMFG) in which Morgan Stanley Upgrades Sumitomo Mitsui Financial Group Inc (NYSE:SMFG) to Overweight with no specific Price Target on 12/06/12.

Sumitomo Mitsui Financial Group Inc (NYSE:SMFG) currently has a consensus Price Target of $10.14. While some analysts have a High Price target for the stock of $12.81 and a Low Price Target of $7.68.

Several sell side analysts reviewed their recommendations on Sumitomo Mitsui Financial Group Inc (NYSE:SMFG) where 1 analyst have rated the stock as Strong Buy, 0 analysts said it’s a Buy, 0 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)

Zacks Investment Research also rated the stock with a value of 0. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

Sumitomo Mitsui Financial Group Inc (NYSE:SMFG) has a market capitalization of 54.35 Billion. The stock traded with the volume of 3.28 Million shares in the last trading session. The stock touched its high share price of $9.67 on 01/16/18 and the stock also touched its Lowest price in the last 52-weeks of trading on 07/13/18 as $7.57. The company has a 1 Year high price target of $10.52. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -3.66%. The Moving Average SMA50 is -2.31% while SMA200 is -6.81%.

Sumitomo Mitsui Financial Group Inc (NYSE:SMFG) is currently showing its ROA (Return on Assets) of 0.4%. The Return on Investment (ROI) is at 3.4% while it’s Return on Equity (ROE) value stands at 6.9%. The stock currently shows its YTD (Year to Date) performance of -10.59 percent while its Weekly performance value is -2.63%. The Monthly and Yearly performances are -5.01 percent and -0.51 percent respectively. The Relative Volume value measured for Sumitomo Mitsui Financial Group Inc (NYSE:SMFG) is 2.63. The Average Volume (3 months) is 1.25 Million.

The stock currently has its Annual Dividend of $0.32 and an annual Dividend Yield of 4.12 Percent. SMFG has P/E (Price to Earnings ttm) value of 8.53, Forward P/E of 8.93, P/C (Price to cash per share) of 0.08 and Price to Free Cash Flow (P/FCF) value of 0. The stock is showing its Operating Margin of 56.9 percent.

Company Profile:

SUMITOMO MITSUI FINANCIAL GROUP, INC., is a financial holding company established through a share transfer from Sumitomo Mitsui Banking Corporation. As a holding company, SMFG has functions such as strategic planning, management, resource allocation, strategic planning of information systems, financial management, investor relations, risk management, human resource management for group executives, and business auditing of the group as a whole. Sumitomo Mitsui Card Company, Limited, SMBC Leasing Company, Limited, SMBC Friend Securities and The Japan Research Institute are wholly-owned subsidiaries of SMFG.