ING Groep (INGA) Given a €14.00 Price Target at HSBC

HSBC set a €14.00 ($16.28) price objective on ING Groep (AMS:INGA) in a report issued on Thursday. The firm currently has a neutral rating on the stock.

Several other research firms have also issued reports on INGA. Cfra set a €15.00 ($17.44) price objective on shares of ING Groep and gave the company a neutral rating in a research note on Thursday, May 10th. UBS Group set a €16.50 ($19.19) price objective on shares of ING Groep and gave the company a buy rating in a research note on Friday, April 20th. Berenberg Bank set a €16.50 ($19.19) price objective on shares of ING Groep and gave the company a buy rating in a research note on Wednesday, May 23rd. Royal Bank of Canada set a €16.50 ($19.19) price objective on shares of ING Groep and gave the company a buy rating in a research note on Wednesday, May 9th. Finally, JPMorgan Chase & Co. set a €17.40 ($20.23) price objective on shares of ING Groep and gave the company a buy rating in a research note on Wednesday, May 9th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and ten have issued a buy rating to the stock. The stock currently has an average rating of Buy and an average price target of €16.48 ($19.17).

INGA stock opened at €14.35 ($16.69) on Thursday. 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.

Analyst Recommendations for ING Groep (AMS:INGA)

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