ING Groep NV (INGA) PT Set at €17.60 by J P Morgan Chase & Co

ING Groep NV (AMS:INGA) has been given a €17.60 ($19.56) target price by analysts at J P Morgan Chase & Co in a research note issued on Thursday. The firm presently has a “buy” rating on the stock.

Other research analysts also recently issued reports about the company. BNP Paribas set a €16.00 ($17.78) price target on ING Groep NV and gave the company a “neutral” rating in a report on Thursday, May 11th. Goldman Sachs Group, Inc. (The) set a €16.00 ($17.78) price target on ING Groep NV and gave the company a “neutral” rating in a report on Saturday, May 20th. Morgan Stanley set a €15.00 ($16.67) price target on ING Groep NV and gave the company a “sell” rating in a report on Saturday, May 20th. Royal Bank Of Canada set a €16.00 ($17.78) price target on ING Groep NV and gave the company a “buy” rating in a report on Saturday, May 20th. Finally, Credit Suisse Group set a €15.50 ($17.22) price target on ING Groep NV and gave the company a “neutral” rating in a report on Saturday, May 20th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of €15.96 ($17.73).

Analyst Recommendations for ING Groep NV (AMS:INGA)

ING Groep NV (AMS INGA) opened at 14.925 on Thursday. The stock has a market capitalization of €57.94 billion and a price-to-earnings ratio of 11.902. The company has a 50-day moving average price of €15.19 and a 200 day moving average price of €14.15. ING Groep NV has a 12 month low of €9.36 and a 12 month high of €15.88.

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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 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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