Kepler Capital Markets Reiterates “€16.30” Price Target for ING Groep NV (INGA)
ING Groep NV (AMS:INGA) has been given a €16.30 ($19.18) price target by stock analysts at Kepler Capital Markets in a research report issued to clients and investors on Wednesday. The firm presently has a “buy” rating on the stock.
Several other research firms have also recently commented on INGA. J P Morgan Chase & Co set a €17.60 ($20.71) price target on ING Groep NV and gave the company a “buy” rating in a report on Thursday, June 22nd. Deutsche Bank AG set a €17.00 ($20.00) price objective on ING Groep NV and gave the stock a “buy” rating in a report on Thursday, July 6th. Jefferies Group LLC set a €18.80 ($22.12) price objective on ING Groep NV and gave the stock a “buy” rating in a report on Friday, September 8th. Goldman Sachs Group, Inc. (The) set a €18.00 ($21.18) price objective on ING Groep NV and gave the company a “neutral” rating in a research report on Friday, July 14th. Finally, UBS AG set a €16.30 ($19.18) target price on ING Groep NV and gave the company a “buy” rating in a research note on Wednesday, August 2nd. One research analyst has rated the stock with a sell rating, four have given a hold rating and thirteen have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of €16.39 ($19.29).
Shares of ING Groep NV (AMS:INGA) opened at 15.54 on Wednesday. The firm’s 50-day moving average price is €15.13 and its 200 day moving average price is €15.03. ING Groep NV has a 52 week low of €10.78 and a 52 week high of €16.00. The firm has a market cap of €60.36 billion and a PE ratio of 12.21.
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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