ING Groep (AMS:INGA) PT Set at €12.50 by Royal Bank of Canada

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Royal Bank of Canada set a €12.50 ($14.53) target price on ING Groep (AMS:INGA) in a research report sent to investors on Wednesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

A number of other research analysts also recently weighed in on the company. Barclays set a €10.30 ($11.98) target price on ING Groep and gave the stock a neutral rating in a report on Thursday, February 6th. HSBC set a €11.00 ($12.79) target price on ING Groep and gave the stock a neutral rating in a report on Tuesday, November 26th. Credit Suisse Group set a €11.00 ($12.79) target price on ING Groep and gave the stock a neutral rating in a report on Friday, February 7th. Kepler Capital Markets set a €13.00 ($15.12) target price on ING Groep and gave the stock a buy rating in a report on Monday, January 6th. Finally, Deutsche Bank set a €12.50 ($14.53) target price on ING Groep and gave the stock a buy rating in a report on Thursday, February 6th. Four investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company currently has a consensus rating of Buy and an average target price of €12.32 ($14.32).

ING Groep has a twelve month low of €13.52 ($15.72) and a twelve month high of €16.69 ($19.41).

ING Groep Company Profile

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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