ING Groep NV (INGA) PT Set at €17.00 by Macquarie

Macquarie set a €17.00 ($19.10) price target on ING Groep NV (AMS:INGA) in a research report report published on Friday, May 12th. The brokerage currently has a buy rating on the stock.

INGA has been the topic of several other research reports. Citigroup Inc. set a €15.80 ($17.75) price objective on ING Groep NV and gave the company a buy rating in a research note on Wednesday, March 8th. Goldman Sachs Group, Inc. (The) set a €16.00 ($17.98) target price on ING Groep NV and gave the stock a neutral rating in a research report on Monday, January 16th. HSBC Holdings plc set a €15.00 ($16.85) target price on ING Groep NV and gave the stock a buy rating in a research report on Tuesday, February 7th. Credit Suisse Group set a €14.00 ($15.73) price objective on ING Groep NV and gave the stock a neutral rating in a research report on Monday, January 30th. Finally, J P Morgan Chase & Co set a €15.00 ($16.85) price objective on ING Groep NV and gave the stock a buy rating in a research report on Friday, February 3rd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have given a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus target price of €15.94 ($17.91).

ING Groep NV (AMS INGA) traded up 0.40% during trading on Friday, reaching €15.14. The company’s stock had a trading volume of 28,608,787 shares. The stock’s 50 day moving average is €15.17 and its 200-day moving average is €14.08. The firm has a market cap of €58.78 billion and a P/E ratio of 12.07. ING Groep NV has a 52 week low of €8.30 and a 52 week 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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