Stock Price & Analysis

Based on the provided data and current market conditions, here's a comprehensive analysis of SHG stock:

Technical Analysis

The stock is currently showing bearish signals in the short term:

• Current price: $33.175 (as of Feb 24, 2025)
• Today's trading range: $33.045 - $33.4205
• Pre-market change: -2.05%
• Regular market change: -1.35%

Key Technical Levels

• Fibonacci Support Levels:
  • S1: $33.52
  • S2: $33.25 (Near current price)
  • S3: $32.82
• Fibonacci Resistance Levels:
  • R1: $34.38
  • R2: $34.64
  • R3: $35.07

Moving Average Analysis

• SMA 5: $33.98
• SMA 10: $34.01
• SMA 20: $34.56
• SMA 60: $35.09
• SMA 200: $37.89
• SMA 250: $37.04

The stock is trading below all major moving averages, indicating a bearish trend.

Fundamental Analysis

Key Financial Metrics:

• Total Revenue (2022): $11.31B
• Net Income (2022): $3.49B
• EPS: $6.58
• ROE: 9.53%
• Net Margin: 32.57%
• Debt to Equity: 249.33%

Recent Development: According to recent analysis, Validea's Contrarian Investor model upgraded SHG from 70% to 84% based on improving fundamentals and valuations.

Recommendation HOLD - The stock is currently in a downtrend but approaching key support levels. While fundamentals remain solid, the technical picture suggests waiting for confirmation of trend reversal before initiating new positions.

Based on the provided data and market analysis, here is the price prediction for SHG stock in 2025:

SHG stock is expected to reach $38-40 by end of 2025, representing a potential upside of 14-20% from current price of $33.17. This projection is supported by improving fundamentals, strong dividend policy, and technical indicators showing oversold conditions ready for reversal.

The key reasons for this target:

1. Technical analysis shows the stock is currently oversold with RSI at 36.51, suggesting potential upward momentum once selling pressure exhausts

2. The company's subsidiary Shinhan Life announced a substantial interim dividend of KRW 150 billion for 2024, demonstrating strong financial performance and commitment to shareholder returns

3. Wall Street analysts have upgraded their outlook, with Validea raising its rating from 70% to 84% based on improving fundamentals and valuations

The stock is currently trading near its support level around $33, which could serve as a springboard for the projected upward movement through 2025 as market conditions improve and the company continues executing on its growth strategy.

The S1 support level for SHG Stock is $32.82 ,The R1 resistant level for SHG Stock is $34.21.

As of the end of day on 2025-02-28, the price of SHG Stock was $31.87.

The market cap of SHG is $17.1B.

Based on the technical and fundamental data analysis, SHG appears to be undervalued at current levels. The stock's RSI reading of 41.51 indicates neutral momentum but approaching oversold territory, suggesting potential buying opportunity. The stock is trading significantly below its 200-day moving average of $37.89, showing a bearish trend but potential value. Recent analyst upgrades from Validea's Contrarian Investor model increased SHG's rating from 70% to 84%, indicating improving fundamentals. The current price of $33.175 is near the Fibonacci support level of $33.25, suggesting a potential technical bottom formation.

Shinhan Financial Group Co Ltd is a Korea-based company principally engaged in the bank business. The Company operates its business through five segments. The Bank segment offers commercial bank services. The Credit Card segment provides credit card services. The Financial Investment segment involves in the trading and consignment trading of securities. The Life Insurance segment is engaged in the life insurance business. The Other segment is involved in the asset management, facilities rental and rental business, savings banks, financial information technology (IT) services, fund general office management, debts collection and credit investigation, private equities investment, real estate investment and operation.

Based on the provided data and market research, here is a price prediction analysis for SHG stock by 2030:

The SHG stock is projected to reach approximately $42-45 by 2030, representing a potential upside of 25-35% from current levels, driven by the company's strong financial fundamentals and strategic positioning in the Asian financial services sector. The forecast is supported by SHG's robust PE ratio of 4.24 and attractive dividend yield of 7.22%, indicating the stock is currently undervalued with room for appreciation.

The company's expanding digital banking initiatives and growing presence in key Asian markets are expected to be major catalysts for long-term value creation through 2030.

SHG has a total of 23584 employees.