KB Financial Group (NYSE:KB) Receiving Positive News Coverage, Analysis Finds
Media stories about KB Financial Group (NYSE:KB) have been trending positive on Thursday, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by reviewing more than 20 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. KB Financial Group earned a daily sentiment score of 0.30 on Accern’s scale. Accern also assigned news coverage about the bank an impact score of 46.103907682578 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Several equities analysts have weighed in on KB shares. BidaskClub raised KB Financial Group from a “hold” rating to a “buy” rating in a research report on Saturday, June 10th. Zacks Investment Research downgraded KB Financial Group from a “strong-buy” rating to a “sell” rating in a research report on Friday, July 14th. Finally, J P Morgan Chase & Co started coverage on KB Financial Group in a research report on Wednesday. They set an “overweight” rating for the company. Five investment analysts have rated the stock with a buy rating, The company presently has an average rating of “Buy” and a consensus target price of $58.00.
KB Financial Group (NYSE KB) traded down 3.10% during trading on Thursday, reaching $49.75. The company’s stock had a trading volume of 117,443 shares. The firm has a 50-day moving average price of $51.01 and a 200-day moving average price of $46.02. KB Financial Group has a 52 week low of $32.82 and a 52 week high of $54.36. The firm has a market capitalization of $19.73 billion, a P/E ratio of 7.69 and a beta of 1.20.
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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