ING Groep NV (INGA) Given a €17.90 Price Target by J P Morgan Chase & Co Analysts

J P Morgan Chase & Co set a €17.90 ($21.31) target price on ING Groep NV (AMS:INGA) in a research note issued to investors on Thursday. The firm currently has a buy rating on the stock.

Several other equities analysts have also recently commented on the stock. Jefferies Group LLC set a €18.80 ($22.38) price target on shares of ING Groep NV and gave the stock a buy rating in a research report on Friday, September 8th. Goldman Sachs Group, Inc. (The) set a €18.00 ($21.43) price target on shares of ING Groep NV and gave the stock a buy rating in a research report on Wednesday, September 6th. Citigroup Inc. set a €17.50 ($20.83) price target on shares of ING Groep NV and gave the stock a buy rating in a research report on Wednesday, August 23rd. Macquarie set a €17.50 ($20.83) price target on shares of ING Groep NV and gave the stock a buy rating in a research report on Thursday, August 17th. Finally, UBS AG set a €16.40 ($19.52) price target on shares of ING Groep NV and gave the stock a buy rating in a research report on Tuesday, August 15th. One research analyst has rated the stock with a sell rating, four have given a hold rating and thirteen have issued a buy rating to the company. The company presently has an average rating of Buy and an average price target of €16.39 ($19.51).

ING Groep NV (AMS INGA) opened at 15.115 on Thursday. ING Groep NV has a 12-month low of €10.36 and a 12-month high of €16.00. The stock has a market capitalization of €58.71 billion and a price-to-earnings ratio of 11.874. The company has a 50-day moving average price of €15.22 and a 200-day moving average price of €14.90.

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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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