Media stories about Sumitomo Mitsui Financial Group (NYSE:SMFG) have been trending positive recently, according to AlphaOne Sentiment Analysis. The research firm, a subsidiary of Accern, ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Sumitomo Mitsui Financial Group earned a daily sentiment score of 0.41 on AlphaOne’s scale. AlphaOne also assigned news stories about the bank an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an impact on the company’s share price in the immediate future.

Here are some of the media headlines that may have impacted Alpha One’s rankings:

Insider Buying and Selling by Quarter for Sumitomo Mitsui Financial Group (NYSE:SMFG)

A number of research analysts have issued reports on SMFG shares. ValuEngine lowered shares of Sumitomo Mitsui Financial Group from a “strong-buy” rating to a “buy” rating in a research report on Friday, June 2nd. Zacks Investment Research upgraded shares of Sumitomo Mitsui Financial Group from a “sell” rating to a “hold” rating in a research report on Tuesday, February 21st. Finally, BidaskClub upgraded shares of Sumitomo Mitsui Financial Group from a “strong sell” rating to a “sell” rating in a research report on Friday, June 9th. One research analyst has rated the stock with a sell rating, one has given a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $7.00.

Shares of Sumitomo Mitsui Financial Group (SMFG) traded up 0.52% on Friday, hitting $7.69. 1,042,840 shares of the company’s stock were exchanged. Sumitomo Mitsui Financial Group has a 12 month low of $5.43 and a 12 month high of $8.30. The stock’s 50 day moving average is $7.47 and its 200 day moving average is $7.64. The firm has a market cap of $54.22 billion, a P/E ratio of 8.29 and a beta of 1.36.

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About Sumitomo Mitsui Financial Group

Sumitomo Mitsui Financial Group, Inc is a holding company for Sumitomo Mitsui Banking Corporation (the Bank) and its subsidiaries. The Company operates through four segments: Commercial Banking, Leasing, Securities and Consumer Finance. The Company and its subsidiaries offer a range of financial services, including commercial banking, leasing, securities, consumer finance and other services.

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