ING Groep NV (NYSE:ING) has earned a consensus rating of “Hold” from the eleven research firms that are presently covering the company. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and six have issued a buy recommendation on the company.

A number of research analysts have recently commented on ING shares. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of ING Groep NV in a research note on Tuesday, September 6th. Zacks Investment Research downgraded shares of ING Groep NV from a “buy” rating to a “hold” rating in a research note on Wednesday, October 5th. RBC Capital Markets raised shares of ING Groep NV from a “sector perform” rating to an “outperform” rating in a research note on Friday, September 23rd. TheStreet raised shares of ING Groep NV from a “sell” rating to a “hold” rating in a research note on Thursday, July 7th. Finally, Royal Bank Of Canada raised shares of ING Groep NV from a “sector perform” rating to an “outperform” rating in a research note on Friday, September 23rd.

Shares of ING Groep NV (NYSE:ING) traded down 0.80% on Tuesday, reaching $12.38. 1,300,927 shares of the company were exchanged. ING Groep NV has a 1-year low of $9.26 and a 1-year high of $14.94. The stock has a market capitalization of $47.98 billion, a PE ratio of 9.82 and a beta of 1.69. The company has a 50-day moving average price of $12.33 and a 200 day moving average price of $11.78.

Institutional investors have recently added to or reduced their stakes in the company. Founders Financial Securities LLC bought a new position in ING Groep NV during the second quarter worth $661,000. Orbis Allan Gray Ltd bought a new position in ING Groep NV during the first quarter worth $3,649,000. Bayesian Capital Management LP bought a new position in ING Groep NV during the first quarter worth $344,000. Renaissance Technologies LLC boosted its position in ING Groep NV by 436.5% in the first quarter. Renaissance Technologies LLC now owns 2,602,910 shares of the company’s stock worth $31,053,000 after buying an additional 2,117,700 shares in the last quarter. Finally, HBK Investments L P boosted its position in ING Groep NV by 202.2% in the first quarter. HBK Investments L P now owns 215,200 shares of the company’s stock worth $2,567,000 after buying an additional 144,000 shares in the last quarter. Hedge funds and other institutional investors own 1.83% of the company’s stock.

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.

5 Day Chart for NYSE:ING

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