ING Groep NV (AMS:INGA) Receives Average Rating of “Buy” from Brokerages

Share on StockTwits

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

Several equities analysts have commented on INGA shares. Barclays set a €10.30 ($11.98) price objective on ING Groep and gave the company a “sell” rating in a research report on Friday, August 2nd. UBS Group set a €12.30 ($14.30) price objective on ING Groep and gave the company a “buy” rating in a research report on Thursday, August 1st. HSBC set a €11.00 ($12.79) price objective on ING Groep and gave the company a “neutral” rating in a research report on Tuesday, July 9th. Credit Suisse Group set a €11.00 ($12.79) price objective on ING Groep and gave the company a “neutral” rating in a research report on Friday, August 2nd. Finally, Royal Bank of Canada set a €14.50 ($16.86) price objective 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.

Further Reading: Rule of 72

Analyst Recommendations for ING Groep (AMS:INGA)

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.