ING Groep (AMS:INGA) has been given a €14.40 ($16.74) price target by equities researchers at JPMorgan Chase & Co. in a report issued on Thursday. The brokerage currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price target would indicate a potential upside of 0.35% from the stock’s previous close.
A number of other equities research analysts also recently weighed in on the company. Kepler Capital Markets set a €13.30 ($15.47) target price on ING Groep and gave the stock a “neutral” rating in a report on Monday, August 6th. Deutsche Bank set a €17.00 ($19.77) target price on ING Groep and gave the stock a “buy” rating in a report on Wednesday, September 5th. Royal Bank of Canada set a €14.00 ($16.28) target price on ING Groep and gave the stock a “neutral” rating in a report on Tuesday, July 24th. Goldman Sachs Group set a €17.25 ($20.06) target price on ING Groep and gave the stock a “buy” rating in a report on Friday, August 3rd. 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. One analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the company’s stock. ING Groep currently has a consensus rating of “Hold” and a consensus price target of €14.60 ($16.98).
ING Groep stock opened at €14.35 ($16.69) on Thursday. ING Groep has a one year low of €13.52 ($15.72) and a one year 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.
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