Deutsche Bank AG Reiterates “€13.00” Price Target for ING Groep NV (INGA)
ING Groep NV (AMS:INGA) received a €13.00 ($14.44) target price from investment analysts at Deutsche Bank AG in a research report issued on Tuesday. The firm presently has a a “buy” rating on the stock.
INGA has been the subject of a number of other research reports. Goldman Sachs Group Inc. set a €14.00 ($15.56) target price on ING Groep NV and gave the stock a “buy” rating in a report on Monday, September 12th. Morgan Stanley set a €10.90 ($12.11) target price on ING Groep NV and gave the stock a “sell” rating in a report on Wednesday, September 28th. Citigroup Inc. set a €11.90 ($13.22) target price on ING Groep NV and gave the stock a “buy” rating in a report on Thursday, September 29th. JPMorgan Chase & Co. set a €12.40 ($13.78) target price on ING Groep NV and gave the stock a “buy” rating in a report on Wednesday, September 21st. Finally, BNP Paribas set a €11.80 ($13.11) target price on ING Groep NV and gave the stock a “neutral” rating in a report on Wednesday, October 5th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and thirteen have assigned a buy rating to the stock. ING Groep NV has a consensus rating of “Buy” and an average target price of €12.78 ($14.20).
ING Groep NV (AMS:INGA) opened at 11.37 on Tuesday. The stock’s 50 day moving average price is €11.02 and its 200-day moving average price is €10.49. ING Groep NV has a one year low of €9.35 and a one year high of €11.59.
ING Groep NV 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 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.
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