ING Groep NV (INGA) Given a €16.30 Price Target by Kepler Capital Markets Analysts
ING Groep NV (AMS:INGA) received a €16.30 ($19.18) price target from analysts at Kepler Capital Markets in a research report issued on Wednesday. The firm currently has a “buy” rating on the stock.
Several other analysts have also recently commented on the company. 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 target on ING Groep NV and gave the company a “buy” rating in a report on Thursday, July 6th. Jefferies Group LLC set a €18.80 ($22.12) price target on ING Groep NV and gave the company a “buy” rating in a report on Friday, September 8th. Goldman Sachs Group, Inc. (The) set a €18.00 ($21.18) price target on ING Groep NV and gave the company a “neutral” rating in a report on Friday, July 14th. Finally, UBS AG set a €16.30 ($19.18) price target on ING Groep NV and gave the company a “buy” rating in a report on Wednesday, August 2nd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and thirteen have issued a buy rating to the company. The company has an average rating of “Buy” and an average target price of €16.39 ($19.29).
Shares of ING Groep NV (AMS INGA) opened at 15.665 on Wednesday. ING Groep NV has a one year low of €10.98 and a one year high of €16.00. The company has a 50 day moving average of €15.14 and a 200-day moving average of €15.04. The stock has a market cap of €60.84 billion and a price-to-earnings ratio of 12.306.
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About ING Groep NV
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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