ING Groep (ING) Shares Gap Up to $13.10
ING Groep NV (NYSE:ING) shares gapped up before the market opened on Thursday . The stock had previously closed at $13.15, but opened at $13.10. ING Groep shares last traded at $12.97, with a volume of 193708 shares traded.
Several brokerages recently issued reports on ING. ValuEngine upgraded shares of ING Groep from a “strong sell” rating to a “sell” rating in a research report on Friday, November 2nd. Morgan Stanley upgraded shares of ING Groep from an “underweight” rating to an “equal weight” rating in a research report on Friday, November 2nd. Royal Bank of Canada reiterated a “neutral” rating on shares of ING Groep in a research report on Thursday, November 1st. Zacks Investment Research upgraded shares of ING Groep from a “sell” rating to a “hold” rating in a research report on Tuesday, September 25th. Finally, JPMorgan Chase & Co. downgraded shares of ING Groep from an “overweight” rating to a “neutral” rating in a research report on Monday, September 3rd. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $21.00.
The stock has a market capitalization of $50.90 billion, a PE ratio of 8.90 and a beta of 1.21. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.12 and a current ratio of 1.12.
ING Groep Company Profile (NYSE:ING)
ING Groep N.V., a financial institution, provides various banking products and services to individuals, small and medium-sized enterprises, and mid-corporates. It operates in Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, and Wholesale Banking segments. The company accepts various deposits, such as current and savings accounts; and offers business lending products, as well as consumer lending products, such as residential mortgage loans, term loans, and revolver and personal loans.
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