ING Groep (ING) Receiving Somewhat Favorable Media Coverage, Analysis Finds

News stories about ING Groep (NYSE:ING) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news 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 nearest to one being the most favorable. ING Groep earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 45.6356105133756 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

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

Several analysts recently issued reports on the company. Zacks Investment Research upgraded ING Groep from a “hold” rating to a “buy” rating and set a $20.00 price objective for the company in a report on Friday. UBS 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. ValuEngine upgraded ING Groep from a “buy” rating to a “strong-buy” rating in a report on Friday, December 1st. Finally, Deutsche Bank reiterated a “buy” rating on shares of ING Groep in a report on Thursday, October 12th. Two equities research analysts have rated the stock with a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the company. ING Groep has an average rating of “Buy” and a consensus target price of $17.50.

Shares of ING Groep (NYSE:ING) traded up $0.22 during trading hours on Monday, hitting $18.40. The company had a trading volume of 3,004,728 shares, compared to its average volume of 3,450,496. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 2.05. ING Groep has a twelve month low of $13.63 and a twelve month high of $19.01. The stock has a market capitalization of $70,500.22, a price-to-earnings ratio of 12.12, a price-to-earnings-growth ratio of 2.30 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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