UBS Group Reiterates “€17.80” Price Target for ING Groep (INGA)
UBS Group set a €17.80 ($21.98) price objective on ING Groep (AMS:INGA) in a report issued on Thursday, www.boersen-zeitung.de reports. The firm currently has a buy rating on the stock.
A number of other research analysts have also weighed in on INGA. Goldman Sachs Group set a €18.25 ($22.53) target price on shares of ING Groep and gave the stock a buy rating in a research report on Tuesday, March 6th. Morgan Stanley set a €14.80 ($18.27) price objective on shares of ING Groep and gave the company a sell rating in a research report on Thursday, February 1st. S&P Global set a €17.00 ($20.99) price objective on shares of ING Groep and gave the company a neutral rating in a research report on Wednesday, January 31st. Deutsche Bank set a €17.00 ($20.99) price objective on shares of ING Groep and gave the company a buy rating in a research report on Tuesday, February 20th. Finally, JPMorgan Chase & Co. set a €17.40 ($21.48) price objective on shares of ING Groep and gave the company a buy rating in a research report on Wednesday, January 31st. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and eleven have given a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus target price of €16.97 ($20.95).
Shares of ING Groep (AMS:INGA) opened at €14.33 ($17.69) on Thursday. The stock has a market cap of $55,690.00 and a price-to-earnings ratio of 11.37. ING Groep has a fifty-two week low of €13.52 ($16.69) and a fifty-two week high of €16.69 ($20.60).
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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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