ING Groep NV (ING) Shares Gap Up to $11.78
Shares of ING Groep NV (NYSE:ING) gapped up prior to trading on Tuesday . The stock had previously closed at $11.73, but opened at $11.78. ING Groep NV shares last traded at $11.94, with a volume of 1,411,573 shares trading hands.
ING has been the subject of several analyst reports. Zacks Investment Research raised shares of ING Groep NV from a “hold” rating to a “buy” rating and set a $14.00 price target for the company in a research note on Wednesday, April 13th. TheStreet raised shares of ING Groep NV from a “sell” rating to a “hold” rating in a research note on Thursday, July 7th. Finally, Macquarie raised shares of ING Groep NV from an “underperform” rating to a “neutral” rating in a research note on Tuesday, July 5th. One equities 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 an average rating of “Hold” and a consensus price target of $13.63.
The firm has a 50-day moving average price of $10.79 and a 200-day moving average price of $11.66. The company has a market capitalization of $46.20 billion and a PE ratio of 9.46.
The firm also recently announced a dividend, which will be paid on Monday, August 22nd. Shareholders of record on Monday, August 15th will be given a dividend of $0.219 per share. The ex-dividend date of this dividend is Thursday, August 11th.
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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