J P Morgan Chase & Co Analysts Give ING Groep NV (INGA) a €17.60 Price Target
ING Groep NV (AMS:INGA) received a €17.60 ($19.56) price objective from analysts at J P Morgan Chase & Co in a report issued on Thursday. The brokerage presently has a “buy” rating on the stock.
A number of other equities research analysts have also recently commented on INGA. Morgan Stanley set a €15.00 ($16.67) price objective on ING Groep NV and gave the stock a “sell” rating in a research note on Thursday, May 11th. Goldman Sachs Group, Inc. (The) set a €17.50 ($19.44) price objective on ING Groep NV and gave the stock a “neutral” rating in a research note on Friday, May 26th. Deutsche Bank AG set a €17.00 ($18.89) price objective on ING Groep NV and gave the stock a “buy” rating in a research note on Monday, May 29th. Macquarie set a €17.00 ($18.89) price objective on ING Groep NV and gave the stock a “buy” rating in a research note on Monday, May 29th. Finally, Jefferies Group LLC set a €18.40 ($20.44) price objective on ING Groep NV and gave the stock a “buy” rating in a research note on Thursday, June 8th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and twelve have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of €15.96 ($17.73).
ING Groep NV (AMS:INGA) opened at 14.925 on Thursday. ING Groep NV has a 52-week low of €9.36 and a 52-week high of €15.88. The firm has a market cap of €57.94 billion and a price-to-earnings ratio of 11.902. The company has a 50 day moving average price of €15.19 and a 200-day moving average price of €14.15.
COPYRIGHT VIOLATION WARNING: This news story was originally posted by American Banking News and is the sole property of of American Banking News. If you are reading this news story on another domain, it was illegally stolen and republished in violation of U.S. & international copyright legislation. The original version of this news story can be read at https://www.americanbankingnews.com/2017/06/22/j-p-morgan-chase-17-60-price-target.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 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.