Mitsubishi UFJ Financial Group (MUFG) Downgraded by Zacks Investment Research to “Hold”

Zacks Investment Research downgraded shares of Mitsubishi UFJ Financial Group (NYSE:MUFG) from a buy rating to a hold rating in a report released on Wednesday, April 11th.

According to Zacks, “Mitsubishi Tokyo provides a variety of financial and investment services such as commercial banking, asset management services and trust banking. “

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NYSE:MUFG opened at $6.62 on Wednesday. Mitsubishi UFJ Financial Group has a fifty-two week low of $5.95 and a fifty-two week high of $8.11. The firm has a market cap of $87,978.37, a PE ratio of 9.59, a P/E/G ratio of 1.14 and a beta of 1.64.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its earnings results on Friday, February 2nd. The company reported $0.16 earnings per share (EPS) for the quarter. The company had revenue of $13.37 billion for the quarter. Mitsubishi UFJ Financial Group had a net margin of 16.13% and a return on equity of 6.29%. research analysts predict that Mitsubishi UFJ Financial Group will post 0.69 earnings per share for the current year.

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About Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group, Inc operates as a holding company, which provides financial services through its subsidiaries. It operates through the following segments: Integrated Retail Banking Business Group, Integrated Corporate Banking Business Group, Integrated Trust Assets Business Group, Integrated Global Business Group, Global Markets and Others.

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