ING Groep NV (INGA) Given a €13.00 Price Target by Deutsche Bank AG Analysts
ING Groep NV (AMS:INGA) has been assigned a €13.00 ($14.44) target price by research analysts at Deutsche Bank AG in a research note issued on Tuesday. The brokerage currently has a a “buy” rating on the stock.
Other analysts have also issued reports about the company. Royal Bank Of Canada set a €10.00 ($11.11) price target on ING Groep NV and gave the company a “neutral” rating in a research note on Tuesday, June 28th. BNP Paribas set a €11.10 ($12.33) price objective on ING Groep NV and gave the stock a “neutral” rating in a research note on Monday, July 4th. JPMorgan Chase & Co. set a €11.60 ($12.89) price objective on ING Groep NV and gave the stock a “buy” rating in a research note on Tuesday, July 19th. Goldman Sachs Group Inc. set a €14.00 ($15.56) price objective on ING Groep NV and gave the stock a “buy” rating in a research note on Tuesday. Finally, Morgan Stanley set a €10.20 ($11.33) price objective on ING Groep NV and gave the stock a “sell” rating in a research note on Thursday, June 30th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and thirteen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of €12.76 ($14.18).
ING Groep NV (AMS:INGA) opened at 11.135 on Tuesday. ING Groep NV has a 52-week low of €9.36 and a 52-week high of €11.59. The firm’s 50-day moving average price is €10.94 and its 200-day moving average price is €10.49.
About ING Groep NV
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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