Goldman Sachs Group set a €16.00 ($18.60) price objective on ING Groep (AMS:INGA) in a research report sent to investors on Monday morning. The firm currently has a buy rating on the stock.
A number of other equities analysts have also recently issued reports on the company. JPMorgan Chase & Co. set a €14.40 ($16.74) target price on ING Groep and gave the stock a neutral rating in a report on Friday, October 19th. Deutsche Bank set a €16.00 ($18.60) target price on ING Groep and gave the stock a buy rating in a report on Tuesday, October 9th. HSBC set a €12.00 ($13.95) target price on ING Groep and gave the stock a neutral rating in a report on Friday, September 21st. UBS Group set a €15.90 ($18.49) target price on ING Groep and gave the stock a buy rating in a report on Monday, September 17th. Finally, Morgan Stanley set a €12.20 ($14.19) target price on ING Groep and gave the stock a sell rating in a report on Monday, September 10th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of €14.79 ($17.19).
Shares of AMS INGA opened at €14.35 ($16.69) on Monday. ING Groep has a 52-week low of €13.52 ($15.72) and a 52-week high of €16.69 ($19.41).
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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