ING Groep (AMS:INGA) received a €11.60 ($13.49) price objective from investment analysts at UBS Group in a report released on Monday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock.
Several other equities analysts have also issued reports on INGA. Goldman Sachs Group set a €13.50 ($15.70) price objective on ING Groep and gave the company a “buy” rating in a research report on Monday, October 28th. Kepler Capital Markets set a €11.50 ($13.37) price target on ING Groep and gave the company a “buy” rating in a research note on Thursday, October 31st. Credit Suisse Group set a €11.00 ($12.79) price target on ING Groep and gave the company a “neutral” rating in a report on Monday, November 18th. JPMorgan Chase & Co. set a €12.10 ($14.07) price objective on ING Groep and gave the stock a “buy” rating in a research report on Friday, November 8th. Finally, Deutsche Bank set a €12.00 ($13.95) price objective on ING Groep and gave the stock a “buy” rating in a report on Friday, November 1st. Four equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of €12.26 ($14.25).
ING Groep has a fifty-two week low of €13.52 ($15.72) and a fifty-two week 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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