Analyst Rating Update on Mitsubishi UFJ Financial Group Inc (MTU)

Mitsubishi UFJ Financial Group Inc (MTU) : 1 analysts are covering Mitsubishi UFJ Financial Group Inc (MTU) and their average rating on the stock is 1, which is read as a Strong Buy. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels.

For this week, the average consensus of the company shares are rated as a Strong Buy.

Mitsubishi

Mitsubishi UFJ Financial Group Inc (NYSE:MTU): The stock opened at $4.85 on Wednesday but the bulls could not build on the opening and the stock topped out at $4.85 for the day. The stock traded down to $4.81 during the day, due to lack of any buying support eventually closed down at $4.85 with a loss of -1.82% for the day. The stock had closed at $4.94 on the previous day. The total traded volume was 827,434 shares.

Mitsubishi UFJ Financial Group, Inc. (MUFJ) is a bank holding company. The Company is a bank holding company for 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), Mitsubishi UFJ NICOS Co., Ltd., and other companies engaged in a range of financial businesses. Its operating segments include Integrated Retail Banking Business Group, which covers retail businesses, including commercial banking, trust banking and securities businesses, and offers a range of banking products and services; Integrated Corporate Banking Business Group, which covers domestic corporate businesses, including commercial banking, investment banking, trust banking and securities businesses, and Integrated Trust Assets Business Group, which covers asset management and administration services for products, such as pension trusts and security trusts.

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