ING Groep (NYSE:ING)‘s stock had its “buy” rating reaffirmed by equities research analysts at UBS in a research note issued on Monday.
Several other research firms also recently commented on ING. Deutsche Bank restated a “buy” rating on shares of ING Groep in a research note on Thursday, October 12th. Zacks Investment Research downgraded shares of ING Groep from a “buy” rating to a “hold” rating in a research note on Friday, November 3rd. ValuEngine upgraded shares of ING Groep from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 1st. Finally, Goldman Sachs Group reiterated a “buy” rating on shares of ING Groep in a research note on Wednesday, December 6th. Two investment analysts have rated the stock with a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $17.50.
ING Groep (NYSE:ING) opened at $18.43 on Monday. The company has a market cap of $71,935.04, a price-to-earnings ratio of 12.37, a price-to-earnings-growth ratio of 2.34 and a beta of 1.20. The company has a debt-to-equity ratio of 2.05, a current ratio of 1.09 and a quick ratio of 1.09. ING Groep has a 12 month low of $13.63 and a 12 month high of $19.01.
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ING Groep Company Profile
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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