Can analysts adopt a bullish outlook for Mizuho Financial Group, Inc. (NYSE:MFG)?

December 20, 2017 - By Peter Erickson

 Can analysts adopt a bullish outlook for Mizuho Financial Group, Inc. (NYSE:MFG)?

Mizuho Financial Group, Inc. (NYSE:MFG) Ratings Coverage

Among 2 analysts covering Mizuho Financial Group (NYSE:MFG), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. Mizuho Financial Group had 2 analyst reports since February 4, 2016 according to SRatingsIntel. The rating was downgraded by Jefferies to “Hold” on Thursday, February 4. The firm has “Sell” rating by Citigroup given on Thursday, February 4. Below is a list of Mizuho Financial Group, Inc. (NYSE:MFG) latest ratings and price target changes.

The stock decreased 1.36% or $0.05 during the last trading session, reaching $3.64. About 193,858 shares traded or 8.02% up from the average. Mizuho Financial Group, Inc. (NYSE:MFG) has risen 16.72% since December 20, 2016 and is uptrending. It has outperformed by 0.02% the S&P500.

Mizuho Financial Group, Inc. engages in banking, trust banking, securities, and other businesses related to financial services in Japan, the Americas, Europe, and Asia/Oceania. The company has market cap of $46.63 billion. It operates through five divisions: Retail & Business Banking Company, Corporate & Institutional Company, Global Corporate Company, Global Markets Company, and Asset Management Company. It has a 9.24 P/E ratio. The firm provides deposits; syndicated, housing, and card loans; business matching services; and advisory services related to overseas expansions, and mergers and acquisitions-related services.

More recent Mizuho Financial Group, Inc. (NYSE:MFG) news were published by: Nasdaq.com which released: “Validea David Dreman Strategy Daily Upgrade Report – 11/14/2017” on November 14, 2017. Also Marketwatch.com published the news titled: “Citi among 9 banks IMF says will struggle to be profitable” on October 11, 2017. Quotes.Wsj.com‘s news article titled: “Mizuho Financial Group Inc. ADR” with publication date: February 11, 2011 was also an interesting one.

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