ING Groep NV (ING) Sees Large Volume Increase
Shares of ING Groep NV (NYSE:ING) saw strong trading volume on Thursday . 2,217,936 shares traded 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.
A number of research analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of ING Groep NV from a “sell” rating to a “buy” rating and set a $14.00 price target on the stock in a report on Tuesday. TheStreet upgraded shares of ING Groep NV from a “sell” rating to a “hold” rating in a report on Thursday, July 7th. Finally, Macquarie upgraded shares of 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, four have issued a hold rating and seven have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $13.63.
The stock has a 50 day moving average of $11.52 and a 200-day moving average of $11.75. The company has a market cap of $49.15 billion and a P/E ratio of 9.88.
The company also recently disclosed 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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