Shares of Woori Financial Group Inc (NYSE:WF) have received an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.
Brokerages have set a twelve-month consensus price objective of $44.00 for the company, according to Zacks. Zacks has also assigned Woori Financial Group an industry rank of 104 out of 256 based on the ratings given to related companies.
Separately, Zacks Investment Research downgraded shares of Woori Financial Group from a “buy” rating to a “sell” rating in a research note on Thursday, May 2nd.
Institutional investors have recently modified their holdings of the business. Nordea Investment Management AB bought a new position in Woori Financial Group during the 4th quarter worth about $28,000. Lindbrook Capital LLC bought a new position in Woori Financial Group during the 4th quarter worth about $58,000. Millennium Management LLC bought a new position in Woori Financial Group during the 4th quarter worth about $212,000. Acadian Asset Management LLC grew its holdings in Woori Financial Group by 764.2% during the 1st quarter. Acadian Asset Management LLC now owns 8,417 shares of the bank’s stock worth $303,000 after acquiring an additional 7,443 shares in the last quarter. Finally, Comerica Bank grew its holdings in Woori Financial Group by 83.0% during the 1st quarter. Comerica Bank now owns 12,282 shares of the bank’s stock worth $465,000 after acquiring an additional 5,572 shares in the last quarter. Institutional investors own 0.54% of the company’s stock.
WF stock traded down $0.30 during trading on Tuesday, hitting $36.50. The company had a trading volume of 15,684 shares, compared to its average volume of 22,893. The stock has a market cap of $8.42 billion, a price-to-earnings ratio of 4.78, a P/E/G ratio of 1.27 and a beta of 0.55. Woori Financial Group has a 52-week low of $33.57 and a 52-week high of $46.53. The firm has a 50 day moving average of $35.63. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.06 and a quick ratio of 1.06.
Woori Financial Group (NYSE:WF) last posted its quarterly earnings results on Tuesday, April 30th. The bank reported $0.37 EPS for the quarter. The company had revenue of $1.64 billion for the quarter. Woori Financial Group had a net margin of 17.69% and a return on equity of 9.33%. As a group, analysts anticipate that Woori Financial Group will post 7.77 earnings per share for the current year.
About Woori Financial Group
Woori Financial Group Inc provides commercial banking products and services to retail and individual customers, and corporations. The company offers salary, fixed deposit, savings, and ordinary and business deposit products; and professional, deposit mortgage, apartment, and mortgage loans, as well as corporate operating, facility, and policy loans.
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