Somewhat Favorable News Coverage Somewhat Unlikely to Affect Shinhan Financial Group (NYSE:SHG) Share Price
News headlines about Shinhan Financial Group (NYSE:SHG) have trended somewhat positive on Monday, Accern Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Shinhan Financial Group earned a coverage optimism score of 0.01 on Accern’s scale. Accern also gave news coverage about the bank an impact score of 46.7832637939726 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the media stories that may have effected Accern’s analysis:
- Zacks: Shinhan Financial Group Co., Ltd. (SHG) Given $52.00 Average Target Price by Brokerages (americanbankingnews.com)
- RoK Group acquires Prudential Finance in Vietnam (en.vietnamplus.vn)
- S Korean group acquires Prudential Finance in Việt Nam (vietnamnews.vn)
- Korean Group acquires Prudential Finance in Vietnam (english.vietnamnet.vn)
- Prudential To Sell Consumer Finance Business In Vietnam For $151 Mln (markets.businessinsider.com)
Separately, Zacks Investment Research upgraded shares of Shinhan Financial Group from a “sell” rating to a “strong-buy” rating and set a $52.00 target price for the company in a research report on Thursday, November 2nd.
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About Shinhan Financial Group
Shinhan Financial Group Co, Ltd. (SFG) is a financial holding company. The Company operates through five segments: commercial banking services, which are provided by Shinhan Bank Co, Ltd. (Shinhan Bank); credit card services, which are provided by Shinhan Card Co, Ltd. (Shinhan Card); securities brokerage services, which are provided by Shinhan Investment Corp.
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