Mitsubishi UFJ Financial Group Inc (ADR) (MTU) was Downgraded by Goldman to ” Neutral”. Earlier the firm had a rating of “Buy ” on the company shares. Goldman advised their investors in a research report released on Nov 23, 2016.
Mitsubishi UFJ Financial Group Inc (ADR) closed down -0.23 points or -3.72% at $5.95 with 12,71,170 shares getting traded on Monday. Post opening the session at $6.02, the shares hit an intraday low of $5.92 and an intraday high of $6.02 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
Mitsubishi UFJ Financial Group Inc. (MUFJ) is a bank holding company. The Company is a bank holding company for The Bank of Tokyo-Mitsubishi UFJ Ltd. (BTMU) Mitsubishi UFJ Trust and Banking Corporation (MUTB) Mitsubishi UFJ Securities Holdings Co. Ltd. (MUSHD) Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. (MUMSS) Mitsubishi UFJ NICOS Co. Ltd. and other companies engaged in a range of financial businesses. Its operating segments include Integrated Retail Banking Business Group which covers retail businesses including commercial banking trust banking and securities businesses and offers a range of banking products and services; Integrated Corporate Banking Business Group which covers domestic corporate businesses including commercial banking investment banking trust banking and securities businesses and Integrated Trust Assets Business Group which covers asset management and administration services for products such as pension trusts and security trusts.