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Shinhan Financial Group Co. Ltd. ADR Stock (SHG) Forecast
The Shinhan Financial Group Co. Ltd. ADR (SHG) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $33.63, representing a -5.68% decrease from the current price of $35.66. The highest analyst price target is $34.79, and the lowest is $32.48.
Note: Our forecast model does not currently account for dividend and stock split events. This means that our forecast may not be accurate for stocks that have recently experienced either of these events.
Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month SHG Price Target
Average 24.08
(-32.47% Downside)
Is Shinhan Financial Group Co. Ltd. ADR (SHG) A Buy Now?
Oscillators
| Name | Value | Action |
|---|---|---|
| RSI(14) | 63.05 | Neutral |
| STOCH(9,6) | 89.03 | Sell |
| STOCHRSI(14) | 100.00 | Sell |
| MACD(12,26) | 0.688 | Buy |
| ADX(14) | 22.09 | Neutral |
| William %R | -6.6148 | Sell |
| CCI(14) | 137.70 | Buy |
Buy: 2
Sell: 3
Neutral: 2
Summary: Sell
Moving Averages
| Period | Simple | Exponential |
|---|---|---|
| MA10 |
34.90
Buy
|
34.85
Buy
|
| MA20 |
33.86
Buy
|
34.20
Buy
|
| MA50 |
34.06
Buy
|
33.51
Buy
|
| MA100 |
32.46
Buy
|
32.44
Buy
|
| MA200 |
29.79
Buy
|
31.01
Buy
|
Buy: 10
Sell: 0
Neutral: 0
Summary: Buy
According to our latest analysis, SHG could be considered a Strong Buy, with 17 technical analysis indicators signaling 12 Buy signals, 3 signaling Sell signals and 2 Neutral signals. This might be a good time to open fresh positions on SHG, as trading bullish markets is always a lot easier
- RSI (Relative Strength Index): The RSI(14) value of 63.05 indicates that SHG is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
- STOCH (Stochastic Oscillator): The STOCH value of 89.03 indicates that SHG is oversold. This means that SHG price is at or near the highest level over a specified lookback period.
- STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 100 indicates that SHG is oversold. This suggests that SHG price is at or near the highest level relative to its recent price history.
- ADX (Average Directional Index): The ADX value of The ADX value of 22.09 suggests that there may be some movement in price, but it lacks strength or conviction.
- CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 137.7 indicates that SHG is overbought. This means that the price has moved significantly higher than its average, indicating a potential selling opportunity.
Long-term SHG price forecast for 2025, 2030, 2035, 2040, 2045 and 2050
Based on our analysis about Shinhan Financial Group Co. Ltd. ADR financial reports and earnings history, Shinhan Financial Group Co. Ltd. ADR (SHG) stock could reach $31.19 by 2030, $15.34 by 2040 and $11.84 by 2050. See the projected annual prices until 2050 of the Shinhan Financial Group Co. Ltd. ADR stock below:
- Shinhan Financial Group Co. Ltd. ADR (SHG) is expected to reach an average price of $20.30 in 2035, with a high prediction of $20.53 and a low estimate of $17.18. This indicates an $-43.07% rise from the last recorded price of $35.66.
- Shinhan Financial Group Co. Ltd. ADR (SHG) stock is projected to chart a bullish course in 2040, with an average price target of $14.24, representing an $-60.07% surge from its current level. The forecast ranges from a conservative $13.77 to a sky-high $15.34.
- Our analysts predict Shinhan Financial Group Co. Ltd. ADR (SHG) to jump -76.58% by 2045, soaring from $6.714 to an average price of $8.3509, potentially reaching $10.04. While $6.714 is the low estimate, the potential upside is significant.
- Shinhan Financial Group Co. Ltd. ADR (SHG) stock is expected to climb by 2050, reaching an average of $10.98, a $-69.21% jump from its current level. However, a wide range of estimates exists, with high and low targets of $11.84 and $8.5213, respectively, highlighting the market's uncertainty.
Shinhan Financial Group Co. Ltd. ADR Stock (SHG) Year by Year Forecast
Shinhan Financial Group Co. Ltd. ADR Stock (SHG) Price Forecast for 2024
Our forecast for SHG stock price in 2024 now indicates an average price target of $32.87 with a high forecast of $38.65 and a low forecast of $27.09. The average prediction reflects an decrease of -7.82% from the last recorded price of $35.66.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| June, 2024 | $34.37 | $32.48 | $34.79 | -3.61% |
| July, 2024 | $32.00 | $31.88 | $34.81 | -10.28% |
| August, 2024 | $28.10 | $27.76 | $32.91 | -21.19% |
| September, 2024 | $31.29 | $27.94 | $31.85 | -12.24% |
| October, 2024 | $31.20 | $29.81 | $32.04 | -12.49% |
| November, 2024 | $33.15 | $31.16 | $33.39 | -7.04% |
| December, 2024 | $32.77 | $31.66 | $33.96 | -8.11% |
Shinhan Financial Group Co. Ltd. ADR Stock (SHG) Price Forecast for 2025
Shinhan Financial Group Co. Ltd. ADR Stock (SHG) is expected to reach an average price of $24.08 in 2025, with a high prediction of $35.39 and a low estimate of $12.77. This indicates an -32.47% fall from the last recorded price of $35.66.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2025 | $32.56 | $32.48 | $35.39 | -8.69% |
| February, 2025 | $27.97 | $27.97 | $32.65 | -21.56% |
| March, 2025 | $22.22 | $21.97 | $29.19 | -37.69% |
| April, 2025 | $19.00 | $12.77 | $24.21 | -46.72% |
| May, 2025 | $18.31 | $16.74 | $20.14 | -48.65% |
| June, 2025 | $19.19 | $18.59 | $21.58 | -46.18% |
| July, 2025 | $20.65 | $18.49 | $25.46 | -42.09% |
| August, 2025 | $20.16 | $19.32 | $21.60 | -43.47% |
| September, 2025 | $21.26 | $19.99 | $21.85 | -40.37% |
| October, 2025 | $20.81 | $20.17 | $24.71 | -41.63% |
| November, 2025 | $18.70 | $18.48 | $20.82 | -47.56% |
| December, 2025 | $22.65 | $18.61 | $23.60 | -36.49% |
Shinhan Financial Group Co. Ltd. ADR Stock (SHG) Price Forecast for 2026
The predicted value for Shinhan Financial Group Co. Ltd. ADR (SHG) in 2026 is set at an average of $28.96. Estimates vary from a peak of $34.97 to a trough of $22.95, indicating an -18.79% surge from the present price of $35.66.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2026 | $26.89 | $22.95 | $27.17 | -24.60% |
| February, 2026 | $26.12 | $25.38 | $27.85 | -26.74% |
| March, 2026 | $26.08 | $24.79 | $27.41 | -26.86% |
| April, 2026 | $25.37 | $23.38 | $26.37 | -28.86% |
| May, 2026 | $26.96 | $24.74 | $28.05 | -24.41% |
| June, 2026 | $28.86 | $26.80 | $29.56 | -19.06% |
| July, 2026 | $32.76 | $28.50 | $34.33 | -8.13% |
| August, 2026 | $33.82 | $31.48 | $34.97 | -5.16% |
| September, 2026 | $29.65 | $29.01 | $33.59 | -16.86% |
| October, 2026 | $29.78 | $28.20 | $30.66 | -16.48% |
| November, 2026 | $29.07 | $27.21 | $30.05 | -18.48% |
| December, 2026 | $29.50 | $27.24 | $29.95 | -17.28% |
Shinhan Financial Group Co. Ltd. ADR Stock (SHG) Price Forecast for 2027
For 2027, Stockscan's Analyst expects the average price target for Shinhan Financial Group Co. Ltd. ADR (SHG) is $25.95, with a high forecast of $30.82 and a low forecast of $21.08. This indicates an -27.23% decrease from the last price of $35.66.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2027 | $29.90 | $28.03 | $30.21 | -16.16% |
| February, 2027 | $26.95 | $26.78 | $30.71 | -24.42% |
| March, 2027 | $27.76 | $24.85 | $28.11 | -22.15% |
| April, 2027 | $29.24 | $26.61 | $29.72 | -18.01% |
| May, 2027 | $28.76 | $27.06 | $29.31 | -19.36% |
| June, 2027 | $26.56 | $26.13 | $30.34 | -25.51% |
| July, 2027 | $29.31 | $25.02 | $30.08 | -17.80% |
| August, 2027 | $29.00 | $28.34 | $29.93 | -18.68% |
| September, 2027 | $30.50 | $26.97 | $30.58 | -14.48% |
| October, 2027 | $26.65 | $26.35 | $30.82 | -25.26% |
| November, 2027 | $23.73 | $22.16 | $26.86 | -33.45% |
| December, 2027 | $23.93 | $21.08 | $24.18 | -32.90% |
Shinhan Financial Group Co. Ltd. ADR Stock (SHG) Price Forecast for 2028
In 2028, Shinhan Financial Group Co. Ltd. ADR (SHG) is projected to reach an average price of $25.76, with a high projection of $32.61 and a low estimate of $18.91. This indicates an -27.76% fall from the last price of $35.66.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2028 | $21.54 | $21.36 | $23.83 | -39.61% |
| February, 2028 | $18.93 | $18.91 | $22.24 | -46.91% |
| March, 2028 | $21.23 | $18.98 | $21.87 | -40.46% |
| April, 2028 | $23.64 | $20.50 | $24.18 | -33.71% |
| May, 2028 | $25.24 | $23.16 | $26.10 | -29.23% |
| June, 2028 | $31.04 | $23.21 | $31.23 | -12.94% |
| July, 2028 | $28.57 | $27.67 | $32.61 | -19.88% |
| August, 2028 | $22.84 | $22.74 | $28.49 | -35.95% |
| September, 2028 | $22.17 | $21.57 | $23.72 | -37.84% |
| October, 2028 | $22.93 | $21.78 | $23.36 | -35.69% |
| November, 2028 | $23.32 | $21.66 | $23.33 | -34.60% |
| December, 2028 | $22.07 | $21.65 | $23.83 | -38.11% |
Shinhan Financial Group Co. Ltd. ADR Stock (SHG) Price Forecast for 2029
The 2029 price forecast for Shinhan Financial Group Co. Ltd. ADR Stock (SHG) is $27.87 on average, with a high prediction of $34.73 and a low estimate of $21.00. This represents an -21.85% decrease from the previous price of $35.66.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2029 | $23.63 | $21.00 | $23.78 | -33.74% |
| February, 2029 | $22.77 | $21.65 | $24.05 | -36.16% |
| March, 2029 | $24.52 | $22.66 | $24.60 | -31.23% |
| April, 2029 | $22.11 | $21.25 | $24.73 | -38.00% |
| May, 2029 | $22.76 | $21.13 | $23.72 | -36.18% |
| June, 2029 | $24.43 | $22.41 | $24.62 | -31.48% |
| July, 2029 | $26.84 | $23.77 | $27.18 | -24.73% |
| August, 2029 | $26.76 | $23.16 | $27.09 | -24.96% |
| September, 2029 | $28.76 | $27.70 | $30.05 | -19.36% |
| October, 2029 | $33.56 | $27.22 | $34.73 | -5.90% |
| November, 2029 | $26.58 | $25.34 | $34.08 | -25.45% |
| December, 2029 | $29.31 | $27.56 | $30.47 | -17.81% |
Shinhan Financial Group Co. Ltd. ADR Stock (SHG) Price Forecast for 2030
Shinhan Financial Group Co. Ltd. ADR Stock (SHG) is expected to reach an average price of $19.82 in 2030, with a high forecast of $31.19 and a low forecast of $8.4435. This signifies an -44.43% decrease from the last price of $35.66.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2030 | $29.21 | $28.07 | $31.19 | -18.09% |
| February, 2030 | $28.75 | $27.86 | $30.39 | -19.37% |
| March, 2030 | $26.55 | $26.34 | $30.42 | -25.56% |
| April, 2030 | $24.72 | $23.37 | $27.03 | -30.68% |
| May, 2030 | $26.25 | $24.37 | $27.48 | -26.40% |
| June, 2030 | $27.40 | $25.44 | $28.42 | -23.16% |
| July, 2030 | $28.83 | $27.22 | $29.08 | -19.16% |
| August, 2030 | $30.29 | $27.30 | $30.75 | -15.05% |
| September, 2030 | $27.02 | $26.86 | $31.04 | -24.24% |
| October, 2030 | $22.95 | $22.84 | $27.58 | -35.63% |
| November, 2030 | $14.95 | $13.61 | $23.37 | -58.09% |
| December, 2030 | $12.87 | $8.4435 | $14.95 | -63.91% |
0.00%
4.59%
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