A number of research firms have changed their ratings and price targets for ING Groep (NYSE: ING):

  • 12/14/2017 – ING Groep was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “ING GROEP-ADR is a global financial institution of Dutch origin offering banking, insurance and asset management to over 50 million private, corporate and institutional clients in 65 countries. ING can fully deliver what today’s clients expect: unlimited access, maximum convenience, immediate and accurate execution, personal advice, tailor-made solutions and competitive rates. “
  • 12/11/2017 – ING Groep had its “buy” rating reaffirmed by analysts at UBS AG.
  • 12/6/2017 – ING Groep had its “buy” rating reaffirmed by analysts at Goldman Sachs Group Inc.
  • 12/5/2017 – ING Groep was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $20.00 price target on the stock. According to Zacks, “ING GROEP-ADR is a global financial institution of Dutch origin offering banking, insurance and asset management to over 50 million private, corporate and institutional clients in 65 countries. ING can fully deliver what today’s clients expect: unlimited access, maximum convenience, immediate and accurate execution, personal advice, tailor-made solutions and competitive rates. “
  • 12/1/2017 – ING Groep was upgraded by analysts at ValuEngine from a “buy” rating to a “strong-buy” rating.
  • 11/3/2017 – ING Groep was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “ING GROEP-ADR is a global financial institution of Dutch origin offering banking, insurance and asset management to over 50 million private, corporate and institutional clients in 65 countries. ING can fully deliver what today’s clients expect: unlimited access, maximum convenience, immediate and accurate execution, personal advice, tailor-made solutions and competitive rates. “

ING Groep NV (NYSE ING) traded down $0.06 on Friday, reaching $18.25. 1,581,300 shares of the company’s stock traded hands, compared to its average volume of 3,456,544. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 2.05. The firm has a market capitalization of $71,004.34, a price-to-earnings ratio of 12.21, a PEG ratio of 2.31 and a beta of 1.20. ING Groep NV has a 12 month low of $13.63 and a 12 month high of $19.01.

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 that 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 that 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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