Name of opportunity: 👀
Shinhan Financial Group Co. Ltd
On the up and analyst-approved: 👍
This stock has risen by 22.49% over the last year, and analysts think it will continue to rise. Shinhan Financial Group is described as in ‘Above Average’ financial health, performing well - it’s making good profits, with its earnings before deductions standing at $10.21 billion over the past 12 months. The company’s total revenue over the past 12 months is $20.47 billion in the past 12 months.
It’s also a dividend stock, and analysts describe the money you can earn from it as ‘Above Average’. Based on the last 12 months, if you invested $1000, you would be paid $44 a year in dividends - it’s a 4.4% dividend yield. Analysts think this could be a great addition to any investor’s portfolio.
How hot is this investment opportunity? 🔥🔥🔥🔥
Analysts predict that this stock could rise in value by 27.86%, from $33.07 to $42.31 in the next 12 months. This means that if you invested $1000, you might profit $278.57. The reason analysts think it will rise in value is because of Shinhan Financial Group’s solid financial performance. The holding company’s recent Q1 2024 data reports ‘robust top-line growth’.
Korea’s first financial holding company: 🏦
Founded in 1982, Shinhan Financial Group expanded over the years to become the country’s first financial holding company in 2001. It has become a major merchant bank, offering commercial banking, credit cards, investment banking and life insurance. Among other endeavours, Shinhan Financial Group is also involved in asset management; facilities rental and rental business; financial information technology (IT) services; debts collection and credit investigation; and real estate investment. The group owns 15 companies.
Which neme?: 🔍
Look directly for this one by searching for ‘Shinhan Financial Group’
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