Morgan Stanley Analysts Give ING Groep (INGA) a €13.20 Price Target

ING Groep (AMS:INGA) has been given a €13.20 ($15.35) price objective by Morgan Stanley in a report released on Friday. The firm presently has a “neutral” rating on the stock. Morgan Stanley’s target price would suggest a potential downside of 8.01% from the stock’s previous close.

Several other research firms have also recently issued reports on INGA. Goldman Sachs Group set a €17.00 ($19.77) price target on shares of ING Groep and gave the stock a “buy” rating in a report on Friday, August 17th. Kepler Capital Markets set a €13.30 ($15.47) price target on shares of ING Groep and gave the stock a “neutral” rating in a report on Monday, August 6th. Cfra set a €14.00 ($16.28) price target on shares of ING Groep and gave the stock a “neutral” rating in a report on Friday, August 3rd. Deutsche Bank set a €17.00 ($19.77) price target on shares of ING Groep and gave the stock a “buy” rating in a report on Friday, August 3rd. Finally, Credit Suisse Group set a €12.50 ($14.53) price target on shares of ING Groep and gave the stock a “sell” rating in a report on Thursday, August 2nd. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the stock. ING Groep has a consensus rating of “Hold” and an average price target of €14.72 ($17.12).

AMS INGA opened at €14.35 ($16.69) on Friday. ING Groep has a 52-week low of €13.52 ($15.72) and a 52-week high of €16.69 ($19.41).

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.

Recommended Story: Liquidity

Analyst Recommendations for ING Groep (AMS:INGA)

Receive News & Ratings for ING Groep Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ING Groep and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply