ING Groep NV (NYSE:ING)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as $9.52 and last traded at $9.52, with a volume of 25753 shares. The stock had previously closed at $9.73.
Several brokerages have recently commented on ING. BNP Paribas cut shares of ING Groep from an “outperform” rating to a “neutral” rating in a research report on Friday, August 2nd. Exane BNP Paribas cut shares of ING Groep from an “outperform” rating to a “neutral” rating in a research report on Friday, August 2nd. JPMorgan Chase & Co. upgraded shares of ING Groep from a “neutral” rating to an “overweight” rating in a research report on Wednesday, June 5th. Zacks Investment Research upgraded shares of ING Groep from a “sell” rating to a “hold” rating in a research report on Wednesday, August 7th. Finally, ValuEngine upgraded shares of ING Groep from a “strong sell” rating to a “sell” rating in a research report on Thursday, August 1st. Two analysts have rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $12.58.
The stock has a 50 day moving average of $11.25. The stock has a market capitalization of $37.86 billion, a price-to-earnings ratio of 5.82, a P/E/G ratio of 3.54 and a beta of 1.29. The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.13 and a current ratio of 0.96.
ING Groep Company Profile (NYSE:ING)
ING Groep N.V., a financial institution, provides various banking products and services to individuals, small and medium-sized enterprises, and mid-corporates. It operates in Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, and Wholesale Banking segments. The company accepts various deposits, such as current and savings accounts; and offers business lending products, as well as consumer lending products, such as residential mortgage loans, term loans, and revolver and personal loans.
Recommended Story: How to Profit and Limit Losses With Stop Orders
Receive News & Ratings for ING Groep Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ING Groep and related companies with MarketBeat.com's FREE daily email newsletter.