ING Groep NV (AMS:INGA) has been assigned a €12.40 ($13.78) price target by equities research analysts at JPMorgan Chase & Co. in a note issued to investors on Wednesday. The brokerage currently has a a “buy” rating on the stock.

Other research analysts have also recently issued research reports about the company. Goldman Sachs Group Inc. set a €12.50 ($13.89) price target on ING Groep NV and gave the stock a “buy” rating in a research note on Tuesday, June 28th. Deutsche Bank AG set a €11.70 ($13.00) price target on ING Groep NV and gave the stock a “buy” rating in a research note on Monday, June 27th. Independent Research GmbH set a €11.50 ($12.78) price target on ING Groep NV and gave the stock a “buy” rating in a research note on Wednesday, July 20th. BNP Paribas set a €10.80 ($12.00) price target on ING Groep NV and gave the stock a “neutral” rating in a research note on Tuesday, July 12th. Finally, Royal Bank Of Canada set a €10.00 ($11.11) price target on ING Groep NV and gave the stock a “neutral” rating in a research note on Tuesday, June 28th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and thirteen have given a buy rating to the company. ING Groep NV currently has an average rating of “Buy” and an average target price of €12.86 ($14.29).

ING Groep NV (AMS:INGA) traded up 3.224% on Wednesday, reaching €11.045. The company had a trading volume of 18,736,720 shares. ING Groep NV has a 12 month low of €9.36 and a 12 month high of €11.59. The stock has a 50 day moving average of €10.78 and a 200 day moving average of €10.52.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/21/jpmorgan-chase-12-40-price-target-2.html

About ING Groep NV

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 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 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.

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