JPMorgan Chase & Co. set a €17.90 ($22.10) price objective on ING Groep (AMS:INGA) in a report published on Thursday, January 11th. The brokerage currently has a buy rating on the stock.
Several other research firms have also recently weighed in on INGA. Royal Bank of Canada set a €17.50 ($21.60) price target on shares of ING Groep and gave the company a buy rating in a report on Monday, December 18th. Morgan Stanley set a €15.00 ($18.52) price target on shares of ING Groep and gave the company a sell rating in a report on Wednesday, December 13th. UBS Group set a €17.40 ($21.48) price target on shares of ING Groep and gave the company a buy rating in a report on Wednesday, November 29th. Deutsche Bank set a €17.00 ($20.99) target price on shares of ING Groep and gave the stock a buy rating in a report on Tuesday, September 26th. Finally, Goldman Sachs Group set a €18.00 ($22.22) target price on shares of ING Groep and gave the stock a buy rating in a report on Tuesday, November 28th. Two analysts have rated the stock with a sell rating, three have given a hold rating and eleven have issued a buy rating to the company’s stock. ING Groep currently has a consensus rating of Buy and an average price target of €16.79 ($20.73).
Shares of ING Groep (AMS:INGA) remained flat at $€15.66 ($19.33) during trading hours on Thursday. 18,530,000 shares of the company were exchanged, compared to its average volume of 13,680,000. ING Groep has a 52-week low of €12.81 ($15.81) and a 52-week high of €16.69 ($20.60). The stock has a market cap of $60,860.00 and a P/E ratio of 12.43.
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About ING Groep
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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