Positive Media Coverage Somewhat Unlikely to Affect KB Financial Group (KB) Share Price
News stories about KB Financial Group (NYSE:KB) have been trending positive this week, Accern reports. Accern scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. KB Financial Group earned a news impact score of 0.32 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 46.1325547021916 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Several research firms have issued reports on KB. Zacks Investment Research upgraded KB Financial Group from a “sell” rating to a “hold” rating and set a $60.00 price objective on the stock in a report on Saturday, October 28th. J P Morgan Chase & Co began coverage on KB Financial Group in a report on Wednesday, August 9th. They set an “overweight” rating on the stock. Finally, BidaskClub downgraded KB Financial Group from a “buy” rating to a “hold” rating in a report on Friday, August 11th.
KB Financial Group (KB) traded up $0.41 during mid-day trading on Thursday, reaching $51.80. The company’s stock had a trading volume of 182,500 shares, compared to its average volume of 144,027. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 2.14. KB Financial Group has a 52 week low of $34.75 and a 52 week high of $54.36. The stock has a market cap of $21,486.78, a P/E ratio of 7.98, a PEG ratio of 0.39 and a beta of 1.19.
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KB Financial Group Company Profile
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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