Somewhat Favorable Press Coverage Somewhat Unlikely to Impact ING Group, N.V. (NYSE:ING) Stock Price

News stories about ING Group, N.V. (NYSE:ING) have trended somewhat positive on Monday, according to Accern Sentiment. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. ING Group, N.V. earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 47.1334078067871 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:

Several equities analysts have recently weighed in on the company. BidaskClub raised ING Group, N.V. from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 8th. Deutsche Bank AG reaffirmed a “buy” rating on shares of ING Group, N.V. in a research note on Tuesday, June 20th. ValuEngine raised ING Group, N.V. from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, June 6th. HSBC Holdings plc lowered ING Group, N.V. from a “buy” rating to a “hold” rating and set a $15.00 price objective on the stock. in a research note on Wednesday, May 31st. Finally, Zacks Investment Research raised ING Group, N.V. from a “sell” rating to a “hold” rating and set a $19.00 price objective on the stock in a research note on Tuesday, May 9th. Five equities research analysts have rated the stock with a hold rating, five have issued a buy rating and two have given a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $17.00.

ING Group, N.V. (ING) traded up 0.67% during trading on Monday, hitting $18.04. The stock had a trading volume of 3,344,156 shares. ING Group, N.V. has a 12-month low of $11.70 and a 12-month high of $18.94. The company has a 50 day moving average of $18.04 and a 200-day moving average of $16.22. The company has a market cap of $70.07 billion, a P/E ratio of 12.00 and a beta of 1.15.

The company also recently announced a None dividend, which will be paid on Monday, August 21st. Shareholders of record on Monday, August 14th will be given a $0.232 dividend. This is a positive change from ING Group, N.V.’s previous None dividend of $0.22. This represents a yield of 3.05%. The ex-dividend date is Thursday, August 10th. ING Group, N.V.’s dividend payout ratio is presently 64.34%.

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About ING Group, N.V.

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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