Somewhat Favorable News Coverage Somewhat Unlikely to Impact KB Financial Group (KB) Stock Price

News coverage about KB Financial Group (NYSE:KB) has been trending somewhat positive on Saturday, Accern reports. The research group identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. KB Financial Group earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned news stories about the bank an impact score of 45.9938573409906 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

KB has been the topic of several recent research reports. BidaskClub upgraded KB Financial Group from a “hold” rating to a “buy” rating in a report on Saturday, June 10th. Zacks Investment Research downgraded KB Financial Group from a “strong-buy” rating to a “sell” rating in a research note on Friday, July 14th. Finally, J P Morgan Chase & Co began coverage on KB Financial Group in a research note on Wednesday. They issued an “overweight” rating for the company. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. KB Financial Group presently has a consensus rating of “Buy” and a consensus price target of $58.00.

Shares of KB Financial Group (NYSE KB) opened at 49.78 on Friday. The stock has a 50 day moving average price of $51.12 and a 200 day moving average price of $46.12. KB Financial Group has a 52 week low of $32.82 and a 52 week high of $54.36. The stock has a market capitalization of $19.74 billion, a P/E ratio of 7.70 and a beta of 1.20.

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About KB Financial Group

KB Financial Group Inc is a financial holding company in Korea. The Company’s operations include Kookmin Bank, a commercial bank in Korea. The Company operates through six business segments: retail banking operations, corporate banking operations, other banking operations, credit card operations, investment and securities operations, and life insurance operations.

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