ING Groep NV (INGA) Given a €17.60 Price Target by J P Morgan Chase & Co Analysts

J P Morgan Chase & Co set a €17.60 ($19.56) target price on ING Groep NV (AMS:INGA) in a report released on Thursday. The firm currently has a buy rating on the stock.

Several other brokerages have also weighed in on INGA. BNP Paribas set a €16.00 ($17.78) target price on shares of ING Groep NV and gave the company a neutral rating in a research report on Monday, May 29th. Macquarie set a €17.00 ($18.89) target price on shares of ING Groep NV and gave the company a buy rating in a research report on Friday, May 12th. Credit Suisse Group set a €15.50 ($17.22) target price on shares of ING Groep NV and gave the company a neutral rating in a research report on Thursday, May 11th. S&P Global set a €17.50 ($19.44) target price on shares of ING Groep NV and gave the company a buy rating in a research report on Saturday, May 20th. Finally, Deutsche Bank AG set a €17.00 ($18.89) target price on shares of ING Groep NV and gave the company a buy rating in a research report on Monday, May 15th. One analyst has rated the stock with a sell rating, five have given a hold rating and twelve have given a buy rating to the company’s stock. ING Groep NV currently has an average rating of Buy and an average target price of €15.96 ($17.73).

Analyst Recommendations for ING Groep NV (AMS:INGA)

ING Groep NV (AMS:INGA) traded down 0.435% during midday trading on Thursday, reaching €14.885. 8,453,060 shares of the company traded hands. The firm has a market capitalization of €57.79 billion and a price-to-earnings ratio of 11.870. ING Groep NV has a 12 month low of €9.36 and a 12 month high of €15.88. The firm’s 50 day moving average price is €15.19 and its 200 day moving average price is €14.15.

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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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