The stock of Mitsubishi UFJ Financial Group Inc (ADR) (NYSE:MTU) is a huge mover today! About 996,842 shares traded hands. Mitsubishi UFJ Financial Group Inc (ADR) (NYSE:MTU) has risen 22.00% since April 14, 2016 and is uptrending. It has outperformed by 17.31% the S&P500.
The move comes after 6 months positive chart setup for the $86.58 billion company. It was reported on Nov, 16 by Barchart.com. We have $9.93 PT which if reached, will make NYSE:MTU worth $53.68 billion more.
Mitsubishi UFJ Financial Group Inc (ADR) (NYSE:MTU) Ratings Coverage
Out of 2 analysts covering Mitsubishi UFJ Financial Group (NYSE:MTU), 1 rate it a “Buy”, 1 “Sell”, while 0 “Hold”. This means 50% are positive. Mitsubishi UFJ Financial Group has been the topic of 3 analyst reports since August 17, 2015 according to StockzIntelligence Inc. Zacks upgraded it to “Hold” rating and $7.75 target price in Monday, August 17 report. UBS upgraded Mitsubishi UFJ Financial Group Inc (ADR) (NYSE:MTU) on Thursday, February 25 to “Buy” rating. The rating was downgraded by Citigroup to “Sell” on Thursday, February 4.
According to Zacks Investment Research, “Mitsubishi Tokyo provides a variety of financial and investment services such as commercial banking, asset management services and trust banking.”
More news for Mitsubishi UFJ Financial Group Inc (ADR) (NYSE:MTU) were recently published by: Marketwatch.com, which released: “Mitsubishi UFJ Financial Group Inc. ADR” on May 19, 2009. Quotes.Wsj.com‘s article titled: “DOW JONES, A NEWS CORP COMPANY” and published on February 13, 2011 is yet another important article.
MTU Company Profile
Mitsubishi UFJ Financial Group, Inc. (MUFJ), incorporated on April 2, 2001, is a bank holding company. The Company’s divisions include Integrated Retail Banking Business Group, Integrated Corporate Banking Business Group, Integrated Trust Assets Business Group, Integrated Global Business Group and Krungsri. The Company’s services include commercial banking, trust banking, securities, credit cards, consumer finance, asset management, leasing and various fields of financial services. The Company’s subsidiaries include The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU), Mitsubishi UFJ Trust and Banking Corporation (MUTB), Mitsubishi UFJ Securities Holdings Co., Ltd. (MUSHD), Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. (MUMSS) and Mitsubishi UFJ NICOS Co., Ltd.
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