JPMorgan Chase & Co. Analysts Give ING Groep NV (INGA) a €12.40 Price Target
ING Groep NV (AMS:INGA) received a €12.40 ($13.78) price target from equities researchers at JPMorgan Chase & Co. in a report issued on Wednesday. The brokerage currently has a a “buy” rating on the stock.
A number of other equities research analysts have also recently weighed in on the company. Goldman Sachs Group Inc. set a €14.00 ($15.56) price objective on ING Groep NV and gave the stock a “buy” rating in a research note on Monday, September 12th. Independent Research GmbH set a €11.50 ($12.78) price objective on ING Groep NV and gave the stock a “buy” rating in a research note on Wednesday, July 20th. Deutsche Bank AG set a €11.70 ($13.00) price objective on ING Groep NV and gave the stock a “buy” rating in a research note on Tuesday, July 12th. BNP Paribas set a €10.80 ($12.00) price objective on ING Groep NV and gave the stock a “neutral” rating in a research note on Tuesday, July 12th. Finally, Morgan Stanley set a €10.20 ($11.33) price objective on ING Groep NV and gave the stock a “sell” rating in a research note on Wednesday, July 6th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and thirteen have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of €12.86 ($14.29).
ING Groep NV (AMS:INGA) opened at 11.055 on Wednesday. ING Groep NV has a 52 week low of €9.36 and a 52 week high of €11.59. The company’s 50 day moving average price is €10.75 and its 200-day moving average price is €10.53.
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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.
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