News stories about ING Groep (NYSE:ING) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of 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 0.08 on Accern’s scale. Accern also gave media coverage about the financial services provider an impact score of 46.6617280376086 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- ING Groep NV (ING) Raises Dividend to $0.53 Per Share (americanbankingnews.com)
- ING Groep NV (ING) Given Consensus Rating of “Buy” by Analysts (americanbankingnews.com)
- Pound set to strengthen even as Brexit risks return, ING says (hl.co.uk)
- Not Everyone Thinks There’s Just Bad News for the Pound (finance.yahoo.com)
- Zacks Investment Research Upgrades ING Groep (ING) to Buy (americanbankingnews.com)
ING Groep (NYSE ING) traded down $0.13 during midday trading on Friday, reaching $18.38. The company’s stock had a trading volume of 5,040,539 shares, compared to its average volume of 3,730,000. The firm has a market capitalization of $71,640.00, a price-to-earnings ratio of 11.71, a P/E/G ratio of 1.44 and a beta of 1.20. The company has a debt-to-equity ratio of 2.05, a current ratio of 1.09 and a quick ratio of 1.09. ING Groep has a one year low of $13.63 and a one year high of $20.58.
The business also recently disclosed a semiannual dividend, which will be paid on Friday, May 11th. Shareholders of record on Thursday, April 26th will be paid a dividend of $0.5344 per share. The ex-dividend date is Wednesday, April 25th. This represents a yield of 5.77%. This is a positive change from ING Groep’s previous semiannual dividend of $0.45. ING Groep’s payout ratio is 38.85%.
ING has been the topic of a number of recent research reports. UBS Group reissued a “buy” rating on shares of ING Groep in a research note on Monday, December 11th. Goldman Sachs Group reissued a “buy” rating on shares of ING Groep in a research note on Wednesday, December 6th. Finally, Zacks Investment Research raised ING Groep from a “hold” rating to a “buy” rating and set a $20.00 price objective on the stock in a research note on Tuesday, December 5th. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $18.00.
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About ING Groep
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.
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