Mitsubishi UFJ Financial Group (NYSE: MUFG) stock closed at $9.82 on 8/2/24 after a major decline of -11.1%. Moreover, trading volume in this decline was exceptionally high at 212% of normal. Relative to the market the stock has been strong over the last nine months but has declined -11.1% during the last week.
Current PriceTarget Research Rating
MUFG is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Mitsubishi UFJ Financial Group has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Mitsubishi UFJ Financial Group has a poor Appreciation Score of 24 but a good Power Rating of 79, triggering the Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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