ING Groep NV Given Consensus Recommendation of “Buy” by Brokerages (NYSE:ING)
ING Groep NV (NYSE:ING) has been given an average recommendation of “Buy” by the fourteen analysts that are currently covering the company, Analyst Ratings Net reports. Five equities research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $22.84.
A number of research firms have recently commented on ING. Analysts at Zacks upgraded shares of ING Groep NV from an “underperform” rating to a “neutral” rating in a research note on Tuesday, August 12th. They now have a $13.60 price target on the stock. Analysts at HSBC upgraded shares of ING Groep NV from a “neutral” rating to an “overweight” rating in a research note on Monday, August 11th.
Shares of ING Groep NV (NYSE:ING) opened at 13.48 on Thursday. ING Groep NV has a 52 week low of $10.79 and a 52 week high of $14.93. The stock has a 50-day moving average of $13.55 and a 200-day moving average of $13.92. The company’s market cap is $51.909 billion.
ING Groep NV (NYSE:ING) last released its earnings data on Wednesday, August 6th. The company reported $0.43 earnings per share for the quarter. On average, analysts predict that ING Groep NV will post $1.27 earnings per share for the current fiscal year.
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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