ING Groep (ING) Earning Somewhat Favorable News Coverage, Analysis Finds

News articles about ING Groep (NYSE:ING) have trended somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. ING Groep earned a daily sentiment score of 0.18 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 45.6383299419055 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

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

Several research analysts have commented on the stock. ValuEngine upgraded shares of ING Groep from a “buy” rating to a “strong-buy” rating in a report on Friday, December 1st. Goldman Sachs Group reaffirmed a “buy” rating on shares of ING Groep in a research note on Wednesday, December 6th. Zacks Investment Research raised ING Groep from a “hold” rating to a “buy” rating and set a $20.00 target price on the stock in a report on Tuesday, December 5th. Deutsche Bank reissued a “buy” rating on shares of ING Groep in a report on Thursday, October 12th. Finally, UBS reissued a “buy” rating on shares of ING Groep in a report on Monday, December 11th. Two analysts have rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $17.50.

Shares of ING Groep (NYSE:ING) traded up $0.09 on Friday, hitting $18.55. The stock had a trading volume of 1,434,900 shares, compared to its average volume of 3,432,382. ING Groep has a 52 week low of $13.63 and a 52 week high of $19.01. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 2.05. The company has a market capitalization of $71,586.03, a P/E ratio of 12.31, a price-to-earnings-growth ratio of 2.33 and a beta of 1.20.

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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.

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

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