ING Groep NV (ING) Sees Unusually-High Trading Volume
Shares of ING Groep NV (NYSE:ING) saw unusually-strong trading volume on Thursday . Approximately 2,217,936 shares changed hands during trading, a decline of 2% from the previous session’s volume of 2,260,432 shares.The stock last traded at $12.68 and had previously closed at $12.55.
Several analysts have recently weighed in on ING shares. Zacks Investment Research raised shares of ING Groep NV from a “sell” rating to a “buy” rating and set a $14.00 price target for the company in a research note on Tuesday. 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 analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $13.63.
The stock has a market cap of $49.57 billion and a price-to-earnings ratio of 10.04. The stock has a 50-day moving average of $11.60 and a 200-day moving average of $11.76.
The company also recently declared a dividend, which was paid on Monday, August 22nd. Stockholders of record on Monday, August 15th were paid 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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