ING Groep (AMS:INGA) Given a €12.50 Price Target by Royal Bank of Canada Analysts

Royal Bank of Canada set a €12.50 ($14.53) price target on ING Groep (AMS:INGA) in a research note released on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Other equities research analysts have also issued research reports about the stock. JPMorgan Chase & Co. set a €12.10 ($14.07) price target on shares of ING Groep and gave the stock a buy rating in a report on Thursday, February 6th. Jefferies Financial Group set a €13.50 ($15.70) price target on shares of ING Groep and gave the stock a buy rating in a report on Thursday, February 6th. UBS Group set a €11.80 ($13.72) price target on shares of ING Groep and gave the stock a buy rating in a report on Thursday, February 6th. Barclays set a €10.30 ($11.98) price target on shares of ING Groep and gave the stock a neutral rating in a report on Thursday, February 6th. Finally, Goldman Sachs Group set a €13.50 ($15.70) price target on shares of ING Groep and gave the stock a buy rating in a report on Thursday, February 6th. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company presently has an average rating of Buy and an average price target of €12.32 ($14.32).

ING Groep has a 1-year low of €13.52 ($15.72) and a 1-year high of €16.69 ($19.41).

About ING Groep

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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Analyst Recommendations for ING Groep (AMS:INGA)

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