ING Groep (ING) Receiving Favorable Media Coverage, Report Finds

News headlines about ING Groep (NYSE:ING) have been trending positive this week, according to Accern. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. ING Groep earned a daily sentiment score of 0.27 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 45.1014549480344 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the headlines that may have impacted Accern’s analysis:

ING Groep (NYSE:ING) traded down $0.06 during trading on Thursday, reaching $18.25. The company’s stock had a trading volume of 1,581,378 shares, compared to its average volume of 3,456,545. The company has a debt-to-equity ratio of 2.05, a quick ratio of 1.09 and a current ratio of 1.09. The firm has a market cap of $72,260.00, a PE ratio of 12.29, a price-to-earnings-growth ratio of 2.33 and a beta of 1.20. ING Groep has a 12-month low of $13.63 and a 12-month high of $19.01.

Several analysts recently weighed in on the company. Goldman Sachs Group restated a “buy” rating on shares of ING Groep in a research note on Wednesday, December 6th. UBS reaffirmed a “buy” rating on shares of ING Groep in a report on Monday. Zacks Investment Research raised ING Groep from a “hold” rating to a “buy” rating and set a $20.00 price target for the company in a report on Tuesday, December 5th. ValuEngine raised ING Groep from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 22nd. Finally, Deutsche Bank reaffirmed a “buy” rating on shares of ING Groep in a report on Thursday, October 12th. Two equities research analysts have rated the stock with a hold rating, six have issued a buy rating and two have issued a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $17.50.

WARNING: “ING Groep (ING) Receiving Favorable Media Coverage, Report Finds” was posted by The Lincolnian Online and is the property of of The Lincolnian Online. If you are accessing this article on another site, it was stolen and republished in violation of US & international copyright legislation. The correct version of this article can be viewed at https://www.thelincolnianonline.com/2017/12/14/ing-groep-ing-receiving-favorable-media-coverage-report-finds.html.

ING Groep Company Profile

ING Groep N.V. (ING) is a financial institution. The Company offers banking services. The Company’s segments include Retail Netherlands, which offers current and savings accounts, business lending, mortgages and other consumer lending in the Netherlands; Retail Belgium, which offers products that are similar to those in the Netherlands; Retail Germany, which offers current and savings accounts, mortgages and other customer lending; Retail Other, which offers products that are similar to those in the Netherlands, and Wholesale Banking, which offers wholesale banking activities (a full range of products from cash management to corporate finance), real estate and lease.

Insider Buying and Selling by Quarter for ING Groep (NYSE:ING)

Receive News & Ratings for ING Groep Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ING Groep and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply