ING Groep (AMS:INGA) Given a €10.00 Price Target by HSBC Analysts

HSBC set a €10.00 ($11.63) price target on ING Groep (AMS:INGA) in a research report report published on Thursday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

INGA has been the subject of several other research reports. Deutsche Bank reissued a buy rating on shares of ING Groep in a research report on Friday, August 2nd. Jefferies Financial Group set a €13.50 ($15.70) target price on shares of ING Groep and gave the stock a buy rating in a research report on Friday, August 9th. Royal Bank of Canada set a €14.50 ($16.86) target price on shares of ING Groep and gave the stock a buy rating in a research report on Thursday, August 1st. Credit Suisse Group set a €11.00 ($12.79) price objective on shares of ING Groep and gave the company a neutral rating in a research report on Friday, August 2nd. Finally, UBS Group set a €12.30 ($14.30) price objective on shares of ING Groep and gave the company a buy rating in a research report on Thursday, August 1st. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the stock. The company currently has a consensus rating of Buy and an average target price of €12.92 ($15.02).

ING Groep has a 1 year low of €13.52 ($15.72) and a 1 year 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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Analyst Recommendations for ING Groep (AMS:INGA)

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