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ING Groep NV (NYSE:ING) was upgraded by Barclays from an “equal weight” rating to an “overweight” rating in a research note issued on Friday.

Shares of ING Groep NV (NYSE:ING) opened at 14.07 on Friday. ING Groep NV has a 1-year low of $10.92 and a 1-year high of $14.93. The stock’s 50-day moving average is $13.45 and its 200-day moving average is $13.92. The company’s market cap is $54.181 billion.

ING Groep NV (NYSE:ING) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.43 earnings per share (EPS) for the quarter.

Other equities research analysts have also recently issued reports about the stock. 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. Five research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. ING Groep NV has a consensus rating of “Buy” and an average price target of $22.84.

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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