ING Groep NV (INGA) PT Set at €18.00 by Goldman Sachs Group, Inc. (The)

ING Groep NV (AMS:INGA) has been assigned a €18.00 ($20.69) target price by equities researchers at Goldman Sachs Group, Inc. (The) in a research report issued on Friday. The firm currently has a “neutral” rating on the stock.

A number of other brokerages have also commented on INGA. S&P Global set a €17.50 ($20.11) price target on shares of ING Groep NV and gave the stock a “buy” rating in a report on Thursday, May 11th. Credit Suisse Group set a €15.50 ($17.82) price target on shares of ING Groep NV and gave the stock a “neutral” rating in a report on Thursday, May 11th. BNP Paribas set a €16.00 ($18.39) price target on shares of ING Groep NV and gave the stock a “neutral” rating in a report on Thursday, May 11th. Royal Bank Of Canada set a €16.00 ($18.39) price target on shares of ING Groep NV and gave the stock a “buy” rating in a report on Thursday, May 11th. Finally, Morgan Stanley set a €15.00 ($17.24) price target on shares of ING Groep NV and gave the stock a “sell” rating in a report on Thursday, May 11th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and thirteen have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of €16.00 ($18.39).

Shares of ING Groep NV (AMS INGA) opened at 15.645 on Friday. The firm’s 50 day moving average is €15.12 and its 200 day moving average is €14.21. The company has a market cap of €60.74 billion and a PE ratio of 12.476. 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.

Analyst Recommendations for ING Groep NV (AMS:INGA)

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