Credit Suisse Group set a €11.50 ($13.37) target price on ING Groep (AMS:INGA) in a research note issued to investors on Friday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other equities research analysts have also recently commented on the company. Deutsche Bank set a €15.00 ($17.44) target price on ING Groep and gave the stock a buy rating in a research note on Wednesday, March 27th. UBS Group set a €14.00 ($16.28) target price on ING Groep and gave the stock a buy rating in a research note on Monday, April 1st. Goldman Sachs Group set a €15.50 ($18.02) target price on ING Groep and gave the stock a buy rating in a research note on Monday, March 18th. Jefferies Financial Group set a €17.10 ($19.88) target price on ING Groep and gave the stock a buy rating in a research note on Wednesday, February 6th. Finally, Royal Bank of Canada set a €14.00 ($16.28) price objective on ING Groep and gave the company a neutral rating in a research report on Friday, January 18th. Six equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock presently has a consensus rating of Buy and an average price target of €13.74 ($15.98).
ING Groep has a 12 month low of €13.52 ($15.72) and a 12 month high of €16.69 ($19.41).
About ING Groep
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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