ING Groep NV (ING) Shares Gap Up to $11.78
ING Groep NV (NYSE:ING)’s share price gapped up before the market opened 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 changing hands.
Several equities analysts have recently issued reports on ING shares. 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 report on Wednesday, April 13th. Macquarie raised ING Groep NV from an “underperform” rating to a “neutral” rating in a research note on Tuesday, July 5th. Finally, TheStreet raised ING Groep NV from a “sell” rating to a “hold” rating in a research note on Thursday, July 7th. One research analyst has rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company’s stock. ING Groep NV presently has a consensus rating of “Hold” and a consensus target price of $13.63.
The firm has a market cap of $45.70 billion and a price-to-earnings ratio of 9.36. The company has a 50-day moving average of $10.79 and a 200 day moving average of $11.66.
The company also recently announced a dividend, which will be paid on Monday, August 22nd. Stockholders of record on Monday, August 15th will be issued a $0.219 dividend. 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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