ING Groep NV (INGA) Given a €17.35 Price Target by Citigroup Inc Analysts
ING Groep NV (AMS:INGA) has been given a €17.35 ($19.07) price objective by research analysts at Citigroup Inc in a research report issued on Friday. The firm presently has a “buy” rating on the stock.
Several other research analysts also recently issued reports on the company. Deutsche Bank AG set a €17.00 ($18.68) price objective on ING Groep NV and gave the company a “buy” rating in a research note on Monday. Macquarie set a €17.00 ($18.68) price objective on ING Groep NV and gave the company a “buy” rating in a research note on Friday, May 12th. JPMorgan Chase & Co. set a €17.20 ($18.90) price objective on ING Groep NV and gave the company a “buy” rating in a research note on Friday, May 12th. Goldman Sachs Group Inc set a €16.00 ($17.58) price objective on ING Groep NV and gave the company a “neutral” rating in a research note on Thursday, May 11th. Finally, Barclays PLC set a €18.00 ($19.78) price objective on ING Groep NV and gave the company a “buy” rating in a research note on Thursday, May 11th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have given a buy rating to the stock. ING Groep NV presently has a consensus rating of “Buy” and a consensus target price of €15.81 ($17.37).
Shares of ING Groep NV (AMS:INGA) traded up 1.17% on Friday, hitting €15.09. 18,361,448 shares of the stock traded hands. The stock has a market cap of €58.59 billion and a PE ratio of 12.03. The stock has a 50 day moving average of €14.66 and a 200-day moving average of €13.73. ING Groep NV has a 1-year low of €8.30 and a 1-year high of €15.88.
TRADEMARK VIOLATION NOTICE: This piece was first posted by American Banking News and is the sole property of of American Banking News. If you are reading this piece on another website, it was copied illegally and reposted in violation of United States & international trademark & copyright law. The original version of this piece can be accessed at https://www.americanbankingnews.com/2017/05/19/ing-groep-nv-inga-given-a-17-35-price-target-by-citigroup-inc-analysts.html.
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 that 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 that 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.