Based on the provided data, here's a price prediction analysis for SHG (Shinhan Financial Group) stock by 2030:
Shinhan Financial Group's stock is projected to reach approximately $52-55 by 2030, driven by its strong financial fundamentals with current P/E ratio of 4.99 and healthy dividend yield of 6.03%. The conservative growth trajectory is supported by the company's stable banking operations and strategic expansion in Asian markets.
The stock's technical indicators show RSI at 39.08 and negative MACD (-0.10), suggesting current consolidation phase, but the price remains above its 200-day moving average of $37.86, indicating long-term upward potential.