ING Groep (ING) Upgraded by ValuEngine to Strong-Buy
ValuEngine upgraded shares of ING Groep (NYSE:ING) from a buy rating to a strong-buy rating in a research report sent to investors on Friday.
A number of other brokerages have also recently commented on ING. Deutsche Bank reiterated a buy rating on shares of ING Groep in a research report on Thursday, October 12th. Zacks Investment Research cut shares of ING Groep from a buy rating to a hold rating in a research report on Friday, November 3rd. UBS reiterated a buy rating on shares of ING Groep in a research report on Tuesday, September 5th. Finally, Goldman Sachs Group upgraded shares of ING Groep from a neutral rating to a buy rating in a research report on Wednesday, September 6th. Four analysts have rated the stock with a hold rating, five have given a buy rating and two have assigned a strong buy rating to the stock. The stock presently has an average rating of Buy and a consensus target price of $15.00.
Shares of ING Groep (NYSE:ING) traded down $0.12 during trading hours on Friday, reaching $17.98. 4,792,084 shares of the company were exchanged, compared to its average volume of 2,164,639. The stock has a market cap of $70,189.99, a PE ratio of 12.07, a PEG ratio of 2.31 and a beta of 1.20. ING Groep has a one year low of $13.32 and a one year high of $19.01. The company has a debt-to-equity ratio of 2.05, a quick ratio of 1.09 and a current ratio of 1.09.
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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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