ING Groep NV (INGA) Given a €13.00 Price Target at Deutsche Bank AG
ING Groep NV (AMS:INGA) has been given a €13.00 ($14.44) price objective by equities researchers at Deutsche Bank AG in a report released on Tuesday. The firm currently has a a “buy” rating on the stock.
A number of other brokerages have also recently weighed in on INGA. Citigroup Inc. set a €12.25 ($13.61) price target on ING Groep NV and gave the stock a “buy” rating in a research report on Thursday, October 6th. Goldman Sachs Group Inc. set a €14.00 ($15.56) price target on ING Groep NV and gave the stock a “buy” rating in a research report on Monday, September 12th. Morgan Stanley set a €10.20 ($11.33) price target on ING Groep NV and gave the stock a “sell” rating in a research report on Thursday, June 30th. BNP Paribas set a €11.80 ($13.11) price target on ING Groep NV and gave the stock a “neutral” rating in a research report on Wednesday, October 5th. Finally, Macquarie set a €8.50 ($9.44) price target on ING Groep NV and gave the stock a “neutral” rating in a research report on Wednesday, July 6th. One research 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. The stock presently has an average rating of “Buy” and an average price target of €12.78 ($14.20).
ING Groep NV (AMS:INGA) opened at 11.375 on Tuesday. ING Groep NV has a 52-week low of €9.36 and a 52-week high of €11.59. The firm’s 50-day moving average price is €11.02 and its 200 day moving average price is €10.50.
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ING Groep NV Company Profile
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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