Deutsche Bank AG Analysts Give ING Groep NV (AMS:INGA) a €17.00 Price Target
ING Groep NV (AMS:INGA) has been assigned a €17.00 ($20.00) price target by equities researchers at Deutsche Bank AG in a report issued on Thursday, August 3rd. The brokerage presently has a “buy” rating on the stock.
A number of other brokerages have also commented on INGA. BNP Paribas set a €16.00 ($18.82) price target on ING Groep NV and gave the stock a “neutral” rating in a report on Monday, May 29th. Macquarie set a €17.00 ($20.00) price target on ING Groep NV and gave the stock a “buy” rating in a report on Friday, May 12th. Credit Suisse Group set a €15.50 ($18.24) target price on ING Groep NV and gave the company a “neutral” rating in a research note on Thursday, May 11th. Goldman Sachs Group, Inc. (The) set a €18.00 ($21.18) target price on ING Groep NV and gave the company a “neutral” rating in a research note on Friday, July 14th. Finally, S&P Global set a €17.50 ($20.59) target price on ING Groep NV and gave the company a “buy” rating in a research note on Saturday, May 20th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and twelve have given a buy rating to the company’s stock. ING Groep NV has a consensus rating of “Buy” and an average price target of €16.32 ($19.20).
Shares of ING Groep NV (INGA) opened at 15.45 on Thursday. ING Groep NV has a 1-year low of €10.35 and a 1-year high of €16.00. The stock’s 50 day moving average is €15.54 and its 200-day moving average is €14.69. The stock has a market cap of €60.01 billion and a price-to-earnings ratio of 12.14.
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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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