ING Groep Rating Lowered to Neutral at BTIG Research (ING)
ING Groep (NYSE:ING) was downgraded by equities research analysts at BTIG Research to a “neutral” rating in a research note issued to investors on Thursday, Analyst RN reports.
ING Groep (NYSE:ING) traded down 0.07% on Thursday, hitting $14.38. 2,429,263 shares of the company’s stock traded hands. ING Groep has a one year low of $7.00 and a one year high of $14.42. The stock has a 50-day moving average of $13.13 and a 200-day moving average of $11.74. The company has a market cap of $55.163 billion and a price-to-earnings ratio of 10.71.
Other equities research analysts have also recently issued reports about the stock. Analysts at UBS AG raised their price target on shares of ING Groep from $10.30 to $11.30 in a research note to investors on Friday, November 8th. Separately, analysts at Sandler O’Neill raised their price target on shares of ING Groep from $31.00 to $35.00 in a research note to investors on Friday, November 8th. They now have a “hold” rating on the stock. Finally, analysts at RBC Capital raised their price target on shares of ING Groep from $9.50 to $10.50 in a research note to investors on Friday, November 8th. They now have an “outperform” rating on the stock. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and seven have given a buy rating to the stock. ING Groep presently has a consensus rating of “Hold” and an average price target of $21.10.
ING Groep N.V. (NYSE:ING) is a global financial institution offering banking, investments, life insurance and retirement services to meet the needs of the customers.
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