ING Group (ING) Receiving Somewhat Positive Press Coverage, Report Finds

Press coverage about ING Group (NYSE:ING) has been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. ING Group earned a daily sentiment score of 0.22 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 46.3426703284441 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:

Several research firms have issued reports on ING. Zacks Investment Research downgraded ING Group from a “buy” rating to a “hold” rating in a report on Wednesday, January 24th. UBS restated a “buy” rating on shares of ING Group in a report on Tuesday, April 24th. Finally, ValuEngine upgraded ING Group from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 1st. Three research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. ING Group presently has a consensus rating of “Buy” and an average price target of $18.00.

ING Group traded down $0.13, hitting $15.47, on Thursday, according to Marketbeat. 2,836,738 shares of the company were exchanged, compared to its average volume of 3,083,685. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.96. The company has a market cap of $61.43 billion, a PE ratio of 10.74, a PEG ratio of 1.51 and a beta of 1.34. ING Group has a twelve month low of $15.35 and a twelve month high of $20.58.

About ING Group

ING Groep N.V., a financial institution, provides various banking products and services to individuals, small and medium-sized enterprises, and mid-corporates. It operates in Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, and Wholesale Banking segments. The company accepts various deposits, such as current and savings accounts; and offers business lending products, as well as consumer lending products, such as residential mortgage loans, term loans, and revolver and personal loans.

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

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