Sumitomo Mitsui Financial Group, Inc. (SMFG) Reaches $9.52 52-Week High; Profile of 11 Analysts Covering Praxair, Inc. (PX)

January 14, 2018 - By Marguerite Chambers

The stock of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) hit a new 52-week high and has $9.90 target or 4.00% above today’s $9.52 share price. The 7 months bullish chart indicates low risk for the $68.04 billion company. The 1-year high was reported on Jan, 14 by Barchart.com. If the $9.90 price target is reached, the company will be worth $2.72B more. The stock increased 0.42% or $0.04 during the last trading session, reaching $9.52. About 1.73M shares traded or 75.73% up from the average. Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) has risen 18.55% since January 14, 2017 and is uptrending. It has outperformed by 1.85% the S&P500.

Among 21 analysts covering Praxair (NYSE:PX), 11 have Buy rating, 3 Sell and 7 Hold. Therefore 52% are positive. Praxair had 44 analyst reports since August 12, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, December 19 by SunTrust. On Wednesday, January 13 the stock rating was upgraded by Seaport Global Securities to “Accumulate”. Jefferies maintained it with “Buy” rating and $16200 target in Wednesday, June 21 report. Barclays Capital maintained Praxair, Inc. (NYSE:PX) on Friday, October 27 with “Equal-Weight” rating. Citigroup upgraded the shares of PX in report on Monday, October 30 to “Buy” rating. Zacks upgraded the shares of PX in report on Wednesday, August 12 to “Sell” rating. The firm has “Buy” rating given on Tuesday, October 17 by Jefferies. The firm has “Buy” rating given on Monday, November 13 by Argus Research. The stock of Praxair, Inc. (NYSE:PX) has “Outperform” rating given on Tuesday, August 2 by CLSA. The firm has “Equal Weight” rating by Barclays Capital given on Monday, May 2. See Praxair, Inc. (NYSE:PX) latest ratings:

19/12/2017 Broker: SunTrust Rating: Buy New Target: $165.0 Maintain
19/12/2017 Broker: Deutsche Bank Old Rating: Hold New Rating: Buy Upgrade
13/11/2017 Broker: Argus Research Old Rating: Hold New Rating: Buy Upgrade
07/11/2017 Broker: Susquehanna Rating: Buy New Target: $175.0 Maintain
30/10/2017 Broker: Citigroup Old Rating: Neutral New Rating: Buy Upgrade
27/10/2017 Broker: UBS Rating: Buy Old Target: $150 New Target: $160 Maintain
27/10/2017 Broker: Barclays Capital Rating: Equal-Weight Old Target: $140 New Target: $160 Maintain
26/10/2017 Broker: SunTrust Rating: Buy New Target: $162.0 Maintain
24/10/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
17/10/2017 Broker: Jefferies Rating: Buy New Target: $162.0 Maintain

Sumitomo Mitsui Financial Group, Inc., together with its subsidiaries, provides various banking and financial services. The company has market cap of $68.04 billion. The Company’s Commercial Banking segment offers deposits; loans, including syndicated loans, commitment lines, structured finance, and nonrecourse loans, as well as settlement, cash management, leasing, factoring, management information systems consulting, collection, and investment banking services for listed and mid-sized companies; and personal bank accounts, ordinary deposits, time deposits, foreign currency deposits, housing loans, investment trusts, pension-type insurance products, and life insurance products for individuals. It has a 9.62 P/E ratio. This segment also provides international banking services, such as loans, deposits, clearing services, trade finance, project finance, loan syndication, and cash management services; and services related to money, foreign exchange, securities, and derivative markets.

The stock increased 0.21% or $0.34 during the last trading session, reaching $164.15. About 2.64M shares traded or 58.01% up from the average. Praxair, Inc. (NYSE:PX) has risen 17.42% since January 14, 2017 and is uptrending. It has outperformed by 0.72% the S&P500.

Investors sentiment increased to 1.08 in Q3 2017. Its up 0.18, from 0.9 in 2017Q2. It increased, as 39 investors sold Praxair, Inc. shares while 277 reduced holdings. 83 funds opened positions while 258 raised stakes. 235.36 million shares or 0.26% less from 235.97 million shares in 2017Q2 were reported. Exxonmobil Invest Management Inc Tx owns 52,240 shares. Commonwealth Of Pennsylvania School Empls Retrmt System owns 23,265 shares or 0.05% of their US portfolio. Cape Cod Five Cents Bancorp holds 7,938 shares or 0.17% of its portfolio. Woodmont Investment Counsel Llc reported 0.15% stake. Confluence Mngmt Ltd Liability Company has invested 1.96% in Praxair, Inc. (NYSE:PX). Moreover, Finemark National Bank & Trust And has 0.05% invested in Praxair, Inc. (NYSE:PX). California-based Franklin Resources has invested 0.38% in Praxair, Inc. (NYSE:PX). Penobscot Investment Management Com invested in 0.15% or 3,617 shares. Beese Fulmer Inv Mgmt invested in 1.04% or 32,731 shares. Maryland-based Brown Mgmt Ltd Limited Liability Company has invested 0.02% in Praxair, Inc. (NYSE:PX). Ontario Teachers Pension Plan Board accumulated 70,231 shares. Commonwealth Equity Serv Inc stated it has 38,482 shares. 66,700 were reported by Van Cleef Asset Managementinc. Yhb Advsr Inc holds 0.39% or 15,647 shares in its portfolio. Moreover, Diversified Tru has 0.02% invested in Praxair, Inc. (NYSE:PX).

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