(INGA) (AMS:INGA) has been assigned a €12.00 ($14.12) target price by research analysts at Deutsche Bank Aktiengesellschaft in a research note issued on Monday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock.
A number of other research analysts have also recently commented on the stock. Jefferies Financial Group set a €9.80 ($11.53) target price on shares of (INGA) and gave the stock a “buy” rating in a report on Friday, February 12th. Morgan Stanley set a €8.80 ($10.35) price objective on shares of (INGA) and gave the company a “neutral” rating in a research note on Thursday, January 14th. Royal Bank of Canada set a €11.00 ($12.94) target price on shares of (INGA) and gave the stock a “buy” rating in a research note on Friday, April 9th. Credit Suisse Group set a €11.50 ($13.53) price target on shares of (INGA) and gave the stock a “buy” rating in a report on Tuesday, March 16th. Finally, Berenberg Bank set a €10.70 ($12.59) price objective on (INGA) and gave the company a “buy” rating in a report on Wednesday, April 7th. Three analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of €10.48 ($12.33).
(INGA) has a 52 week low of €13.52 ($15.91) and a 52 week high of €16.69 ($19.64).
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.
Further Reading: Rule of 72
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