Goldman Sachs Group, Inc. (The) Analysts Give ING Groep NV (AMS:INGA) a €18.00 Price Target
ING Groep NV (AMS:INGA) received a €18.00 ($20.45) price target from stock analysts at Goldman Sachs Group, Inc. (The) in a research note issued on Friday. The firm currently has a “neutral” rating on the stock.
Several other research analysts have also weighed in on the company. Deutsche Bank AG set a €17.00 ($19.32) price target on ING Groep NV and gave the company a “buy” rating in a research report on Thursday, July 6th. J P Morgan Chase & Co set a €17.60 ($20.00) price target on ING Groep NV and gave the company a “buy” rating in a research report on Thursday, June 22nd. Jefferies Group LLC set a €18.40 ($20.91) price target on ING Groep NV and gave the company a “buy” rating in a research report on Thursday, June 8th. HSBC Holdings plc set a €15.20 ($17.27) price target on ING Groep NV and gave the company a “neutral” rating in a research report on Wednesday, May 31st. Finally, Kepler Capital Markets set a €16.20 ($18.41) price target on ING Groep NV and gave the company a “buy” rating in a research report on Tuesday, May 30th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have given a buy rating to the company. ING Groep NV has a consensus rating of “Buy” and a consensus target price of €15.99 ($18.17).
Shares of ING Groep NV (AMS:INGA) opened at 15.735 on Friday. ING Groep NV has a 1-year low of €9.36 and a 1-year high of €15.88. The firm has a market cap of €61.09 billion and a price-to-earnings ratio of 12.548. The company’s 50 day moving average price is €15.12 and its 200-day moving average price is €14.21.
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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 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.
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