ING Groep NV (NYSE:ING)’s share price rose 5.8% during trading on Friday . The company traded as high as $10.14 and last traded at $10.08, with a volume of 2,819,737 shares. The stock had previously closed at $9.53.

ING has been the topic of a number of recent analyst reports. Deutsche Bank AG reiterated a “buy” rating on shares of ING Groep NV in a research note on Wednesday, March 30th. Morgan Stanley lowered ING Groep NV from an “equal” rating to an “underweight” rating in a research note on Thursday, March 31st. Zacks Investment Research upgraded ING Groep NV from a “hold” rating to a “buy” rating and set a $14.00 price target on the stock in a research note on Wednesday, April 13th. Macquarie upgraded ING Groep NV from an “underperform” rating to a “neutral” rating in a research note on Tuesday, July 5th. Finally, TheStreet upgraded ING Groep NV from a “sell” rating to a “hold” rating in a research note on Thursday. One research analyst has rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $13.63.

The firm’s 50 day moving average price is $11.36 and its 200-day moving average price is $11.94. The company has a market cap of $39.01 billion and a P/E ratio of 10.16.

A number of large investors have recently modified their holdings of the stock. Comerica Bank increased its stake in shares of ING Groep NV by 2.8% in the fourth quarter. Comerica Bank now owns 316,753 shares of the company’s stock valued at $3,946,000 after buying an additional 8,501 shares during the period. Todd Asset Management LLC increased its stake in shares of ING Groep NV by 11.9% in the fourth quarter. Todd Asset Management LLC now owns 916,821 shares of the company’s stock valued at $12,341,000 after buying an additional 97,159 shares during the period. Profund Advisors LLC increased its stake in shares of ING Groep NV by 16.7% in the fourth quarter. Profund Advisors LLC now owns 90,930 shares of the company’s stock valued at $1,224,000 after buying an additional 13,020 shares during the period. AMG National Trust Bank increased its stake in shares of ING Groep NV by 0.6% in the fourth quarter. AMG National Trust Bank now owns 80,521 shares of the company’s stock valued at $1,084,000 after buying an additional 444 shares during the period. Finally, TD Asset Management Inc. increased its stake in shares of ING Groep NV by 29.5% in the fourth quarter. TD Asset Management Inc. now owns 343,194 shares of the company’s stock valued at $4,619,000 after buying an additional 78,273 shares during the period.

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 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 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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