Mizuho Financial Group (MFG) Receiving Somewhat Positive News Coverage, Analysis Finds

Media stories about Mizuho Financial Group (NYSE:MFG) have been trending somewhat positive recently, according to InfoTrie. The research firm identifies negative and positive media coverage by analyzing more than 6,000 news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Mizuho Financial Group earned a news impact score of 0.88 on their scale. InfoTrie also assigned news headlines about the bank an news buzz score of 3 out of 10, indicating that recent media coverage is unlikely to have an impact on the stock’s share price in the next few days.

Separately, Zacks Investment Research raised Mizuho Financial Group from a “hold” rating to a “buy” rating and set a $3.25 price target for the company in a report on Saturday, March 9th.

NYSE:MFG traded down $0.02 during mid-day trading on Friday, hitting $2.94. 475,500 shares of the stock were exchanged, compared to its average volume of 544,713. Mizuho Financial Group has a fifty-two week low of $2.92 and a fifty-two week high of $3.68. The stock has a market cap of $38.54 billion, a P/E ratio of 7.35 and a beta of 1.13.

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About Mizuho Financial Group

Mizuho Financial Group, Inc, together with its subsidiaries, engages in banking, trust, securities, and other businesses related to financial services in Japan, the Americas, Europe, and Asia/Oceania. It operates through five segments: Retail & Business Banking Company, Corporate & Institutional Company, Global Corporate Company, Global Markets Company, and Asset Management Company.

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