Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Woori Bank (NYSE:WF) Stock Price
News headlines about Woori Bank (NYSE:WF) have been trending somewhat positive on Saturday, according to Accern. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Woori Bank earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news headlines about the bank an impact score of 46.3805248853173 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Separately, Zacks Investment Research raised shares of Woori Bank from a “hold” rating to a “buy” rating and set a $49.00 target price on the stock in a research note on Wednesday, May 17th.
Shares of Woori Bank (NYSE:WF) traded up 0.88% during midday trading on Friday, reaching $48.22. 16,238 shares of the company were exchanged. Woori Bank has a 12-month low of $27.28 and a 12-month high of $53.50. The company has a 50 day moving average price of $49.66 and a 200-day moving average price of $41.31.
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About Woori Bank
Woori Finance Holdings Co, Ltd. is a financial holding company. The Company serves over 24 million corporate and retail customers with a range of financial services, including commercial banking, credit card, capital market, international banking, wealth management and bancassurance services. The Company’s domestic network consists of more than 1,300 branches and 8,500 cash terminals.
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