ING Groep NV (AMS:INGA) has received an average recommendation of “Buy” from the seventeen ratings firms that are presently covering the firm. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and thirteen have given a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is €12.78 ($14.20).
Several analysts have recently commented on INGA shares. Deutsche Bank AG set a €11.70 ($13.00) price target on ING Groep NV and gave the company a “buy” rating in a report on Tuesday, July 12th. Goldman Sachs Group Inc. set a €12.50 ($13.89) price objective on ING Groep NV and gave the company a “buy” rating in a research note on Tuesday, June 28th. JPMorgan Chase & Co. set a €12.40 ($13.78) price objective on ING Groep NV and gave the company a “buy” rating in a research note on Wednesday, September 21st. Independent Research GmbH set a €11.50 ($12.78) price objective on ING Groep NV and gave the company a “buy” rating in a research note on Wednesday, July 20th. Finally, Citigroup Inc. set a €11.90 ($13.22) price objective on ING Groep NV and gave the company a “buy” rating in a research note on Thursday, September 29th.
Shares of ING Groep NV (AMS:INGA) traded up 1.30% during midday trading on Thursday, reaching €11.28. The company’s stock had a trading volume of 20,132,233 shares. ING Groep NV has a 12-month low of €9.35 and a 12-month high of €11.59. The stock’s 50-day moving average price is €10.94 and its 200-day moving average price is €10.49.
About ING Groep NV
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 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 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.
Receive News & Ratings for ING Groep NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ING Groep NV and related companies with MarketBeat.com's FREE daily email newsletter.