Somewhat Positive Press Coverage Somewhat Unlikely to Affect ING Group, N.V. (NYSE:ING) Share Price
News headlines about ING Group, N.V. (NYSE:ING) have been trending somewhat positive this week, according to Accern. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. ING Group, N.V. earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 47.1334078067871 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the headlines that may have impacted Accern’s analysis:
- Brace for Pound Turbulence as U.K. Economics, Politics Collide (finance.yahoo.com)
- ING Group, NV (NYSE:ING) Experiences Heavier than Average Trading Volume – Modern Readers (modernreaders.com)
- Shares in Domino’s Pizza Inc (NYSE:DPZ) Acquired by ING Groep NV – Newburgh Gazette (newburghgazette.com)
- ING: Has The Story Changed? – Seeking Alpha (seekingalpha.com)
- Dimensional Fund Advisors Lp Sells A Little More ING Group, N.V. … – Modern Readers (modernreaders.com)
A number of analysts have commented on ING shares. UBS AG reiterated a “buy” rating on shares of ING Group, N.V. in a research report on Wednesday, April 19th. BidaskClub upgraded ING Group, N.V. from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 8th. ValuEngine upgraded ING Group, N.V. from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, June 6th. HSBC Holdings plc downgraded ING Group, N.V. from a “buy” rating to a “hold” rating and set a $15.00 price objective for the company. in a research report on Wednesday, May 31st. Finally, Jefferies Group LLC started coverage on ING Group, N.V. in a research report on Wednesday, April 19th. They issued a “buy” rating for the company. Five research analysts have rated the stock with a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the stock. ING Group, N.V. currently has a consensus rating of “Buy” and a consensus target price of $17.00.
Shares of ING Group, N.V. (NYSE:ING) traded up 0.67% during mid-day trading on Monday, hitting $18.04. The company’s stock had a trading volume of 3,344,156 shares. The company has a market cap of $70.07 billion, a price-to-earnings ratio of 12.00 and a beta of 1.15. The company has a 50-day moving average of $18.04 and a 200 day moving average of $16.22. ING Group, N.V. has a 1-year low of $11.70 and a 1-year high of $18.94.
The company also recently announced a None dividend, which will be paid on Monday, August 21st. Stockholders of record on Monday, August 14th will be given a $0.232 dividend. This is an increase from ING Group, N.V.’s previous None dividend of $0.22. The ex-dividend date of this dividend is Thursday, August 10th. This represents a dividend yield of 3.05%. ING Group, N.V.’s dividend payout ratio is presently 64.34%.
ING Group, N.V. Company Profile
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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