Headlines about ING Groep (NYSE:ING) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. ING Groep earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 46.354163035714 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news articles that may have effected Accern’s rankings:
- JPMorgan Stays Bearish on Pound Even Amid Brexit Breakthroughs (investing.com)
- Zacks Investment Research Downgrades ING Groep (ING) to Hold (americanbankingnews.com)
- Pound Jumps to Highest Since Brexit Vote on Hopes of Better Deal (bloombergquint.com)
- Belgium stocks lower at close of trade; BEL 20 down 0.05% (investing.com)
- ING Earns IBD Rating Upgrade (finance.yahoo.com)
ING Groep (ING) traded up $0.26 during mid-day trading on Monday, hitting $20.31. The company had a trading volume of 2,331,300 shares, compared to its average volume of 2,373,645. The company has a debt-to-equity ratio of 2.05, a current ratio of 1.09 and a quick ratio of 1.09. The stock has a market cap of $77,660.00, a P/E ratio of 14.01, a PEG ratio of 2.43 and a beta of 1.20. ING Groep has a 52-week low of $13.63 and a 52-week high of $20.33.
ING Groep (NYSE:ING) last posted its quarterly earnings data on Thursday, November 2nd. The financial services provider reported $0.41 earnings per share (EPS) for the quarter. ING Groep had a return on equity of 11.06% and a net margin of 26.20%. sell-side analysts expect that ING Groep will post 1.62 EPS for the current fiscal year.
A number of equities research analysts have commented on the company. Zacks Investment Research downgraded ING Groep from a “buy” rating to a “hold” rating in a research report on Friday. ValuEngine upgraded ING Groep from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. UBS Group reiterated a “buy” rating on shares of ING Groep in a report on Monday, December 11th. Goldman Sachs Group reiterated a “buy” rating on shares of ING Groep in a report on Wednesday, December 6th. Finally, Deutsche Bank reiterated a “buy” rating on shares of ING Groep in a report on Thursday, October 12th. Two analysts have rated the stock with a hold rating, five have given a buy rating and two have issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $17.50.
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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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