ING Groep NV (AMS:INGA) Receives Consensus Recommendation of “Buy” from Analysts

ING Groep NV (AMS:INGA) has been given a consensus rating of “Buy” by the fifteen research firms that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and nine have given a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is €12.96 ($15.07).

INGA has been the subject of several recent research reports. Berenberg Bank set a €14.00 ($16.28) price target on ING Groep and gave the company a “buy” rating in a research report on Wednesday, June 19th. Royal Bank of Canada set a €14.50 ($16.86) price target on ING Groep and gave the company a “buy” rating in a research report on Thursday, August 1st. Morgan Stanley set a €13.10 ($15.23) price target on ING Groep and gave the company a “neutral” rating in a research report on Thursday, May 9th. Goldman Sachs Group set a €14.50 ($16.86) price target on ING Groep and gave the company a “buy” rating in a research report on Thursday, July 11th. Finally, UBS Group set a €12.30 ($14.30) price target on ING Groep and gave the company a “buy” rating in a research report on Thursday, August 1st.

ING Groep has a 12-month low of €13.52 ($15.72) and a 12-month high of €16.69 ($19.41).



ING Groep 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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Analyst Recommendations for ING Groep (AMS:INGA)

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