Shares of ING Groep NV (AMS:INGA) have received an average recommendation of “Buy” from the eighteen research firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and thirteen have given a buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is €16.37 ($19.49).
INGA has been the topic of several research analyst reports. UBS AG set a €16.30 ($19.40) target price on ING Groep NV and gave the stock a “buy” rating in a research report on Saturday, May 20th. Kepler Capital Markets set a €16.20 ($19.29) target price on ING Groep NV and gave the stock a “buy” rating in a research report on Wednesday, August 2nd. Jefferies Group LLC set a €18.80 ($22.38) target price on ING Groep NV and gave the stock a “buy” rating in a research report on Friday, September 8th. S&P Global set a €18.50 ($22.02) target price on ING Groep NV and gave the stock a “buy” rating in a research report on Thursday, August 3rd. Finally, Goldman Sachs Group, Inc. (The) set a €18.00 ($21.43) target price on ING Groep NV and gave the stock a “neutral” rating in a research report on Thursday, August 17th.
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Shares of ING Groep NV (AMS:INGA) traded up 0.825% during trading on Wednesday, reaching €15.275. 13,983,626 shares of the company traded hands. The company’s 50-day moving average price is €15.25 and its 200-day moving average price is €14.89. The company has a market capitalization of €59.33 billion and a P/E ratio of 11.999. ING Groep NV has a 52 week low of €10.36 and a 52 week high of €16.00.
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 that 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 that 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.
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