Shinhan Financial Group Co. Ltd. ADR (SHG) Social Stream
SHINHAN FINANCIAL GROUP CO LTD (SHG) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering SHG.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-09-17 | 1 | $33.8 | $33.8 | $33.8 | $28.53 | 18.47% |
| 2022-10-13 | 1 | $33 | $33 | $33 | $28.53 | 15.67% |
| 2022-10-25 | 1 | $30.2 | $30.2 | $30.2 | $28.53 | 5.85% |
| 2023-02-08 | 2 | $37.6 | $37.6 | $37.6 | $28.53 | 31.79% |
| 2023-02-15 | 2 | $38.4 | $38.4 | $38.4 | $28.53 | 34.6% |
| 2023-03-01 | 3 | $32.3 | $32.3 | $32.3 | $28.53 | 13.21% |
| 2023-07-27 | 3 | $31.5 | $31.5 | $31.5 | $28.53 | 10.41% |
| 2023-10-27 | 2 | $31.5 | $31.5 | $31.5 | $28.53 | 10.41% |
| 2023-10-29 | 2 | $32.3 | $32.3 | $32.3 | $28.53 | 13.21% |
| NA | 1 | $NA | $NA | $NA | $28.53 | NA% |
The Trend in the Analyst Price Target
Over the past 39 months, SHG's average price target has gone down $0.68.
SHG reports an average of 17.9% for its upside potential over the past 39 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-02-08 | 2 | 37.6 | 37.6 | 37.6 | 32.93 | 14.18% |
| 2023-02-09 | 2 | 38.4 | 38.4 | 38.4 | 31.70 | 21.14% |
| 2023-02-15 | 2 | 38.4 | 38.4 | 38.4 | 29.91 | 28.39% |
| 2023-03-01 | 3 | 32.3 | 32.3 | 32.3 | 29.74 | 8.61% |
| 2023-10-29 | 1 | 32.3 | 32.3 | 32.3 | 25.13 | 28.53% |
SHG Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.5 | 0 | 1 | 1 | 0 | 0 | 2 |
The Trend in the Broker Recommendations
Over the past 35 weeks, SHG's average broker recommendation rating worsened by 1.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for SHG as an investment opportunity.
- SHG has a greater number of analysts covering the stock than 28.8% of all US stocks.
- In terms of how SHINHAN FINANCIAL GROUP CO LTD fares relative to all US stocks, note that its variance in analysts' estimates is lower than almost 100% of that group.
- In the context of stocks in the large market cap category, SHINHAN FINANCIAL GROUP CO LTD's average analyst price target is greater than 205.58% of them.
- SHINHAN FINANCIAL GROUP CO LTD's upside potential (average analyst target price relative to current price) is higher than 653.52% of Financial Services stocks.
In terms of price targets and recommendations offered by analysts, the stocks in the Banking industry with the ratings most similar to SHINHAN FINANCIAL GROUP CO LTD are UBS, MFG, and RF.
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