ING Groep NV (AMS:INGA) Receives €12.43 Average Target Price from Analysts

ING Groep NV (AMS:INGA) has earned an average recommendation of “Buy” from the twelve brokerages that are currently covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is €12.44 ($14.47).

Several brokerages have issued reports on INGA. Berenberg Bank set a €13.50 ($15.70) price target on shares of ING Groep and gave the company a “buy” rating in a report on Tuesday, October 8th. Jefferies Financial Group set a €13.50 ($15.70) price target on shares of ING Groep and gave the company a “buy” rating in a report on Thursday, October 31st. Credit Suisse Group set a €11.00 ($12.79) price target on shares of ING Groep and gave the company a “neutral” rating in a report on Thursday, January 9th. Royal Bank of Canada set a €14.00 ($16.28) price target on shares of ING Groep and gave the company a “buy” rating in a report on Friday, November 22nd. Finally, Kepler Capital Markets set a €13.00 ($15.12) price target on shares of ING Groep and gave the company a “buy” rating in a report on Monday, January 6th.

ING Groep has a fifty-two week low of €13.52 ($15.72) and a fifty-two week 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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