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Shinhan Financial Group - SHG Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $32.31
  • Forecasted Upside: 18.87%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$27.18 As of 03/23/2023 01:00 AM ET
▲ +0.28 (1.04%)

This chart shows the closing price for SHG by one month, three months, or twelve months.

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Analyst Price Target for SHG

Analyst Price Target is $32.31
▲ +18.87% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Shinhan Financial Group in the last 3 months. The average price target is $32.31, with a high forecast of $32.31 and a low forecast of $32.31. The average price target represents a 18.87% upside from the last price of $27.18.

This chart shows the closing price for SHG for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 2 polled investment analysts is to hold stock in Shinhan Financial Group. This rating has held steady since June 2021, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/29/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/28/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/28/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/26/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/24/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/23/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/21/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/23/2023

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/5/2023The Goldman Sachs GroupDowngradeBuy ➝ NeutralLow
3/1/2023Bank of AmericaDowngradeBuy ➝ Neutral$38.46 ➝ $32.31Low
11/30/2020Bank of AmericaUpgradeUnderperform ➝ BuyHigh
7/2/2020JPMorgan Chase & Co.UpgradeNeutral ➝ OverweightMedium
10/23/2019CitigroupDowngradeBuy ➝ NeutralLow
8/5/2019JPMorgan Chase & Co.DowngradeOverweight ➝ NeutralMedium
5/28/2019Bank of AmericaDowngradeNeutral ➝ UnderperformHigh
10/23/2018Credit Suisse GroupInitiated CoverageOutperform ➝ OutperformMedium
8/30/2018Bank of AmericaUpgradeNeutral ➝ BuyLow
(Data available from 3/23/2018 forward)

News Sentiment Rating

1.15 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/25/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/24/2022
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
10/24/2022
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/23/2022
  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/23/2022
  • 1 very positive mentions
  • 2 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
1/22/2023
  • 4 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
2/21/2023
  • 7 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/23/2023

Current Sentiment

  • 7 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Shinhan Financial Group logo
Shinhan Financial Group Co., Ltd. engages in the provision of management and financial support services to its subsidiaries. The company was founded on September 1, 2001 and is headquartered in Seoul, South Korea.
Read More

Today's Range

Now: $27.18
Low: $26.91
High: $27.70

50 Day Range

MA: $30.88
Low: $25.59
High: $36.62

52 Week Range

Now: $27.18
Low: $22.98
High: $36.64

Volume

352,594 shs

Average Volume

149,300 shs

Market Capitalization

$13.83 billion

P/E Ratio

4.09

Dividend Yield

2.54%

Beta

0.86

Frequently Asked Questions

What sell-side analysts currently cover shares of Shinhan Financial Group?

The following Wall Street sell-side analysts have issued research reports on Shinhan Financial Group in the last year: Bank of America Co., StockNews.com, and The Goldman Sachs Group, Inc..
View the latest analyst ratings for SHG.

What is the current price target for Shinhan Financial Group?

1 Wall Street analysts have set twelve-month price targets for Shinhan Financial Group in the last year. Their average twelve-month price target is $32.31, suggesting a possible upside of 18.9%. Bank of America Co. has the highest price target set, predicting SHG will reach $32.31 in the next twelve months. Bank of America Co. has the lowest price target set, forecasting a price of $32.31 for Shinhan Financial Group in the next year.
View the latest price targets for SHG.

What is the current consensus analyst rating for Shinhan Financial Group?

Shinhan Financial Group currently has 2 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in SHG, but not buy more shares or sell existing shares.
View the latest ratings for SHG.

What other companies compete with Shinhan Financial Group?

Other companies that are similar to Shinhan Financial Group include Huntington Bancshares, KeyCorp, Regions Financial, First Horizon and Webster Financial. Learn More about companies similar to Shinhan Financial Group.

How do I contact Shinhan Financial Group's investor relations team?

Shinhan Financial Group's physical mailing address is 20 SEJONG-DAERO 9-GIL JUNG-GU, SEOUL M5, 04513. The bank's listed phone number is (226) 360-3000 and its investor relations email address is [email protected] The official website for Shinhan Financial Group is www.shinhangroup.com. Learn More about contacing Shinhan Financial Group investor relations.