HSBC Reiterates €11.00 Price Target for ING Groep (AMS:INGA)

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HSBC set a €11.00 ($12.79) price target on ING Groep (AMS:INGA) in a research note published on Tuesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Other research analysts have also recently issued reports about the company. Goldman Sachs Group set a €14.15 ($16.45) price target on Assicurazioni Generali and gave the company a sell rating in a research report on Thursday, May 2nd. Morgan Stanley set a €9.00 ($10.47) price target on Commerzbank and gave the company a neutral rating in a research report on Thursday, May 9th. Jefferies Financial Group set a €40.00 ($46.51) price target on Hapag-Lloyd and gave the company a buy rating in a research report on Thursday, May 2nd. Deutsche Bank set a €230.00 ($267.44) price target on adidas and gave the company a neutral rating in a research report on Tuesday, May 7th. Finally, Berenberg Bank reduced their price target on from GBX 190 ($2.48) to GBX 180 ($2.35) and set a buy rating for the company in a research report on Wednesday, June 19th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have given a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average price target of €13.29 ($15.46).

ING Groep has a 52-week low of €13.52 ($15.72) and a 52-week high of €16.69 ($19.41).

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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Analyst Recommendations for ING Groep (AMS:INGA)

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