ING Groep NV (ING) Trading 1.5% Higher
ING Groep NV (NYSE:ING)’s share price traded up 1.5% during trading on Wednesday . The company traded as high as $12.62 and last traded at $12.50, with a volume of 3,920,450 shares. The stock had previously closed at $12.32.
A number of equities analysts have recently commented on the company. Zacks Investment Research upgraded ING Groep NV from a “sell” rating to a “hold” rating in a research note on Friday, June 24th. 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, July 7th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the company’s stock. ING Groep NV has a consensus rating of “Buy” and a consensus price target of $13.63.
The stock has a market cap of $48.62 billion and a PE ratio of 9.770. The stock’s 50-day moving average is $11.44 and its 200 day moving average is $11.74.
The company also recently announced a dividend, which was paid on Monday, August 22nd. Shareholders of record on Monday, August 15th were issued a dividend of $0.219 per share. The ex-dividend date of this dividend 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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