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Sumitomo Mitsui Financial Group Inc (JP:8316)
TSE/TYO:8316
Holding JP:8316?
Track your performance easily
See the Price Targets and Ratings of:
8316 Analyst Ratings
Strong Buy
3 Buy
0 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
8316 Stock 12 Month Forecast
Average Price Target
¥8,896.24
▲(149.12% Upside)
| Highest Price Target¥11,736 | Average Price Target¥8,896 | Lowest Price Target¥3,769 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
J.P. Morgan
Reiterated
10/07/24
Morgan Stanley
Reiterated
09/18/24
Goldman Sachs
Reiterated
07/26/24
DBS
¥11,000
Buy
208.04%
Upside
Reiterated
05/16/24
We anticipate SMFG will continue to benefit from strong domestic loan demand driven by a recovery in domestic economic activity and improvement in lending spreads, weak yen, as we continue to expect Bank of Japan (BOJ) to normalise its monetary policy. There is potential upside from contributions from SMFG’s investments in Asia.
―
Bank of America Securities
―
Buy
―
Reiterated
09/17/24
Best Analysts Covering Sumitomo Mitsui Financial Group
Which Analyst Should I Follow If I Want to Buy JP:8316 and Sell After:
1 Month
xxx
Success Rate
2/2 ratings generated profit
Average Return
+8.35%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 100.00% of your transactions generating a profit, with an average return of +8.35% per trade.
3 Months
xxx
Success Rate
2/2 ratings generated profit
Average Return
+15.20%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 100.00% of your transactions generating a profit, with an average return of +15.20% per trade.
1 Year
Success Rate
2/2 ratings generated profit
Average Return
+14.75%
reiterated a buy rating 2 months ago
Copying Mia Nagasaka's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +14.75% per trade.
2 Years
xxx
Success Rate
2/2 ratings generated profit
Average Return
+44.25%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +44.25% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
8316 Analyst Recommendation Trends
Rating
Jul 23
May 24
Jul 24
Sep 24
Oct 24
Strong Buy
0
1
3
6
6
Buy
2
1
0
0
0
Hold
1
1
1
0
0
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
3
3
4
6
6
Each month's total comprises the sum of three months' worth of ratings.
8316 Financial Forecast
8316 Stock Forecast FAQ
What is JP:8316’s average 12-month price target, according to analysts?
Based on analyst ratings, Sumitomo Mitsui Financial Group Inc’s 12-month average price target is ¥8,896.24.
What is JP:8316’s upside potential, based on the analysts’ average price target?
Sumitomo Mitsui Financial Group Inc has 149.12% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is Sumitomo Mitsui Financial Group Inc a Buy, Sell or Hold?
Sumitomo Mitsui Financial Group Inc has a consensus rating of Strong Buy, which is based on 3 buy ratings, 0 hold ratings and 0 sell ratings.
What is Sumitomo Mitsui Financial Group Inc’s share price target?
The average share price target for Sumitomo Mitsui Financial Group Inc is ¥8,896.24. This is based on 3 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is ¥11,736.37 ,and the lowest forecast is ¥3,768.68. The average share price target represents 149.12% Increase from the current price of ¥3,571.
The highest analyst share price target is ¥11,736.37 ,and the lowest forecast is ¥3,768.68. The average share price target represents 149.12% Increase from the current price of ¥3,571.
What do analysts say about Sumitomo Mitsui Financial Group Inc?
Sumitomo Mitsui Financial Group Inc’s analyst rating consensus is a Strong Buy. This is based on the ratings of 3 Wall Streets Analysts.
How can I buy shares of Sumitomo Mitsui Financial Group Inc?
To buy shares of JP:8316, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.