Shares of ING Groep NV (NYSE:ING) gapped up prior to trading on Tuesday . The stock had previously closed at $11.99, but opened at $12.13. ING Groep NV shares last traded at $12.30, with a volume of 1,368,652 shares changing hands.

ING has been the topic of a number of recent analyst reports. Zacks Investment Research cut shares of ING Groep NV from a “hold” rating to a “sell” rating in a research note on Tuesday, June 14th. Macquarie upgraded shares of ING Groep NV from an “underperform” rating to a “neutral” rating in a research note on Tuesday, July 5th. Finally, TheStreet upgraded shares of 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 assigned a hold rating and six have assigned a buy rating to the company’s stock. ING Groep NV has a consensus rating of “Hold” and a consensus price target of $13.63.

The company’s 50 day moving average is $11.44 and its 200 day moving average is $11.74. The firm has a market capitalization of $47.75 billion and a price-to-earnings ratio of 9.60.

The firm also recently disclosed a dividend, which was paid on Monday, August 22nd. Investors of record on Monday, August 15th were issued a $0.219 dividend. The ex-dividend date was 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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