ING Groep NV (INGA) Receives Average Recommendation of “Buy” from Brokerages

Shares of ING Groep NV (AMS:INGA) have received a consensus rating of “Buy” from the eighteen brokerages that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have assigned a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is €16.39 ($19.29).

INGA has been the topic of a number of research analyst reports. Macquarie set a €17.50 ($20.59) target price on shares of ING Groep NV and gave the stock a “buy” rating in a research note on Thursday, August 17th. Goldman Sachs Group, Inc. (The) set a €18.00 ($21.18) target price on shares of ING Groep NV and gave the stock a “neutral” rating in a research note on Friday, July 14th. Deutsche Bank AG set a €17.00 ($20.00) target price on shares of ING Groep NV and gave the stock a “buy” rating in a research note on Tuesday, September 26th. Jefferies Group LLC set a €18.80 ($22.12) target price on shares of ING Groep NV and gave the stock a “buy” rating in a research note on Friday, September 8th. Finally, Citigroup Inc. set a €17.50 ($20.59) target price on shares of ING Groep NV and gave the stock a “buy” rating in a research note on Thursday, August 3rd.

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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.

Analyst Recommendations for ING Groep NV (AMS:INGA)

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