Risk factor
Considerable default risk
Profitability factor
Solid dividends
About
Established in 1933 and headquartered in Otsu, Japan, The Shiga Bank, Ltd. operates as a comprehensive financial institution, delivering a wide array of banking services to customers both domestically and internationally. Its diverse offerings include various deposit products like current, ordinary, notice, and time accounts, in addition to negotiable certificates of deposit. The bank also extends credit through numerous lending options, such as standard loans, discounted bills, loans secured by bills and deeds, and overdraft facilities. Furthermore, it provides investment trust services, life insurance products, and acts as an intermediary for financial instruments. As of March 31, 2021, the company's network comprised 133 operational sites, including 25 agent offices.
Company Valuation
Considering past and projected metrics, the stock is 'expensive' compared to its peers. Specifically, the stock is 'expensive' on P/E. Editor's note: P/CR is Price to C
Target Price
The average target price of 8366.T is 2102 and suggests 10.7% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to