Somewhat Favorable News Coverage Somewhat Unlikely to Affect KB Financial Group (KB) Stock Price

News stories about KB Financial Group (NYSE:KB) have trended somewhat positive recently, Accern reports. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. KB Financial Group earned a news impact score of 0.07 on Accern’s scale. Accern also assigned headlines about the bank an impact score of 45.7956298077465 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Shares of NYSE KB traded down $1.19 during trading hours on Friday, hitting $56.02. 148,091 shares of the stock were exchanged, compared to its average volume of 167,079. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 2.17. The firm has a market cap of $22,941.38, a PE ratio of 7.54 and a beta of 1.32. KB Financial Group has a 12 month low of $43.36 and a 12 month high of $63.96.

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Several research analysts recently commented on KB shares. Zacks Investment Research upgraded shares of KB Financial Group from a “hold” rating to a “buy” rating and set a $70.00 price objective for the company in a research note on Thursday, January 18th. ValuEngine lowered shares of KB Financial Group from a “strong-buy” rating to a “buy” rating in a research note on Monday, April 2nd. One analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $62.00.

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About KB Financial Group

KB Financial Group Inc, a financial holding company, provides various banking and related financial services to individuals and corporations in South Korea and internationally. It operates through six 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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