Shinhan Financial Group - SHG Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $32.31
  • Forecasted Upside: -1.13%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$32.68
▲ +0.49 (1.52%)

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
▼ -1.13% Downside Potential
This price target is based on 3 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 -1.13% upside from the last price of $32.68.

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 3 contributing investment analysts is to hold stock in Shinhan Financial Group. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

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Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
9/1/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
11/30/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
2/28/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
5/29/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
8/27/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
11/25/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
1/24/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
2/23/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/16/2024Bank of AmericaUpgradeNeutral ➝ BuyLow
5/16/2023Morgan StanleyDowngradeOverweight ➝ Equal WeightLow
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
(Data available from 2/24/2019 forward)

News Sentiment Rating

-0.20 (Hold)

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

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Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
7/29/2023
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/28/2023
  • 8 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/27/2023
  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/27/2023
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/26/2023
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/26/2023
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/25/2024
  • 1 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
2/24/2024

Current Sentiment

  • 1 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Shinhan Financial Group logo
Shinhan Financial Group Co., Ltd. provides financial products and services in South Korea and internationally. The company operates through six segments: Banking, Credit Card, Securities, Life Insurance, Credit, and Others. It offers retail banking services, including demand, savings, and fixed deposit-taking; checking accounts; mortgage and home equity, and retail lending; electronic banking and automatic teller machines (ATM); and bill paying, payroll and check-cashing, currency exchange, and wire fund transfer services. The company also provides corporate banking services, such as investment banking, real estate financing, overseas real estate and development project financing, infrastructure and structured financing, equity/venture investments, mergers and acquisitions consulting; securitization and derivatives services comprising securities and derivative products, and foreign exchange trading; and working capital loans and facilities loans. In addition, it is involved in treasury and investment activities in international capital markets consisting of foreign currency-denominated securities trading, foreign exchange trading and services, trade-related financial services, international factoring services, and foreign banking operations. Further, the company offers real estate trust, investment advisory, venture capital, non-life insurance, trust account management, securities brokerage, and asset management services, as well as leasing and equipment financing, savings banking, loan collection and credit reporting, collective investment administration, private equity investment, and financial system development services. Shinhan Financial Group Co., Ltd. was founded in 1982 and is headquartered in Seoul, South Korea.
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Today's Range

Now: $32.68
Low: $32.45
High: $32.70

50 Day Range

MA: $30.47
Low: $27.24
High: $33.87

52 Week Range

Now: $32.68
Low: $24.99
High: $33.98

Volume

52,046 shs

Average Volume

136,902 shs

Market Capitalization

$16.76 billion

P/E Ratio

5.60

Dividend Yield

3.81%

Beta

0.89

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., Morgan Stanley, 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 downside of 1.1%. 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 and 1 buy rating 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?

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.