ING Groep (ING) Earns Coverage Optimism Rating of 0.19

Media stories about ING Groep (NYSE:ING) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring 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 news sentiment score of 0.19 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 46.6610243511211 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the news articles that may have effected Accern Sentiment’s analysis:

A number of research firms recently weighed in on ING. ValuEngine lowered ING Groep from a “hold” rating to a “sell” rating in a research report on Saturday, June 2nd. UBS Group reiterated a “buy” rating on shares of ING Groep in a research report on Tuesday, April 24th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company. ING Groep has an average rating of “Hold” and an average target price of $21.00.

NYSE:ING opened at $13.38 on Friday. The company has a debt-to-equity ratio of 2.29, a current ratio of 1.12 and a quick ratio of 1.12. ING Groep has a 1-year low of $13.18 and a 1-year high of $20.58. The firm has a market capitalization of $53.47 billion, a P/E ratio of 9.29, a P/E/G ratio of 1.29 and a beta of 1.23.

The business also recently declared a special dividend, which will be paid on Tuesday, August 21st. Investors of record on Monday, August 13th will be given a $0.2799 dividend. The ex-dividend date of this dividend is Friday, August 10th. This represents a dividend yield of 6.86%. ING Groep’s dividend payout ratio (DPR) is 31.94%.

ING Groep Company Profile

ING Groep N.V., a financial institution, provides various banking products and services to individuals, small and medium-sized enterprises, and mid-corporates. It operates in Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, and Wholesale Banking segments. The company accepts various deposits, such as current and savings accounts; and offers business lending products, as well as consumer lending products, such as residential mortgage loans, term loans, and revolver and personal loans.

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