ING Groep NV (ING) Sees Strong Trading Volume
ING Groep NV (NYSE:ING) shares saw unusually-strong trading volume on Friday . Approximately 3,136,588 shares were traded during mid-day trading, an increase of 29% from the previous session’s volume of 2,423,947 shares.The stock last traded at $12.16 and had previously closed at $12.21.
A number of analysts recently weighed in on ING shares. Zacks Investment Research upgraded ING Groep NV from a “sell” rating to a “hold” rating in a report on Friday, June 24th. TheStreet upgraded ING Groep NV from a “sell” rating to a “hold” rating in a report on Thursday, July 7th. Finally, Macquarie upgraded ING Groep NV from an “underperform” rating to a “neutral” rating in a report on Tuesday, July 5th. One investment 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. The company currently has a consensus rating of “Hold” and an average price target of $13.63.
The stock has a market capitalization of $47.05 billion and a P/E ratio of 9.45. The company’s 50 day moving average is $11.25 and its 200 day moving average is $11.70.
The business also recently disclosed a dividend, which was paid on Monday, August 22nd. Stockholders 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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.