Stock Rating Upgrade
The Value Trend Rating for Mitsubishi UFJ Financial Group (NYSE: MUFG) rose significantly in recent days from C to A reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
On 8/9/24, Mitsubishi UFJ Financial Group (NYSE: MUFG) stock rose modestly by 0.4%, closing at $9.60. However, below average trading volume at 81% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months but has declined -13.1% 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 A (Highest Rating). This VT Rating rose significantly in recent days from C previously. This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Mitsubishi UFJ Financial Group has a good Power Rating of 78 and a very high Appreciation Score of 94, producing the Highest Value Trend Rating.
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