ING Groep (ING) – Research Analysts’ Recent Ratings Changes

Share on StockTwits

ING Groep (NYSE: ING) recently received a number of ratings updates from brokerages and research firms:

  • 1/8/2019 – ING Groep was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “ING GROEP-ADR is a global financial institution of Dutch origin offering banking, insurance and asset management to over 50 million private, corporate and institutional clients in 65 countries. ING can fully deliver what today’s clients expect: unlimited access, maximum convenience, immediate and accurate execution, personal advice, tailor-made solutions and competitive rates. “
  • 1/2/2019 – ING Groep was upgraded by analysts at ValuEngine from a “strong sell” rating to a “sell” rating.
  • 12/31/2018 – ING Groep had its “buy” rating reaffirmed by analysts at Goldman Sachs Group Inc.
  • 12/26/2018 – ING Groep was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “ING GROEP-ADR is a global financial institution of Dutch origin offering banking, insurance and asset management to over 50 million private, corporate and institutional clients in 65 countries. ING can fully deliver what today’s clients expect: unlimited access, maximum convenience, immediate and accurate execution, personal advice, tailor-made solutions and competitive rates. “
  • 12/25/2018 – ING Groep had its “buy” rating reaffirmed by analysts at Goldman Sachs Group Inc.
  • 12/20/2018 – ING Groep was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “ING GROEP-ADR is a global financial institution of Dutch origin offering banking, insurance and asset management to over 50 million private, corporate and institutional clients in 65 countries. ING can fully deliver what today’s clients expect: unlimited access, maximum convenience, immediate and accurate execution, personal advice, tailor-made solutions and competitive rates. “
  • 12/19/2018 – ING Groep had its “buy” rating reaffirmed by analysts at Goldman Sachs Group Inc.
  • 12/14/2018 – ING Groep was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “ING GROEP-ADR is a global financial institution of Dutch origin offering banking, insurance and asset management to over 50 million private, corporate and institutional clients in 65 countries. ING can fully deliver what today’s clients expect: unlimited access, maximum convenience, immediate and accurate execution, personal advice, tailor-made solutions and competitive rates. “
  • 12/5/2018 – ING Groep was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “ING GROEP-ADR is a global financial institution of Dutch origin offering banking, insurance and asset management to over 50 million private, corporate and institutional clients in 65 countries. ING can fully deliver what today’s clients expect: unlimited access, maximum convenience, immediate and accurate execution, personal advice, tailor-made solutions and competitive rates. “

Shares of NYSE:ING traded up $0.12 during mid-day trading on Monday, hitting $11.43. The stock had a trading volume of 127,575 shares, compared to its average volume of 3,084,350. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.12 and a current ratio of 1.12. The company has a market cap of $44.09 billion, a PE ratio of 7.94 and a beta of 1.20. ING Groep NV has a 12-month low of $10.21 and a 12-month high of $20.58.

ING Groep (NYSE:ING) last issued its quarterly earnings results on Thursday, November 1st. The financial services provider reported $0.23 EPS for the quarter. The business had revenue of $5.40 billion during the quarter. ING Groep had a net margin of 24.83% and a return on equity of 9.05%. On average, equities analysts predict that ING Groep NV will post 1.5 earnings per share for the current year.

Several large investors have recently modified their holdings of the stock. Belpointe Asset Management LLC purchased a new stake in shares of ING Groep in the 3rd quarter valued at approximately $116,000. Morgan Stanley lifted its position in ING Groep by 13.2% in the 3rd quarter. Morgan Stanley now owns 7,604,904 shares of the financial services provider’s stock worth $98,636,000 after buying an additional 888,075 shares in the last quarter. Advisors Asset Management Inc. lifted its position in ING Groep by 55.8% in the 3rd quarter. Advisors Asset Management Inc. now owns 79,874 shares of the financial services provider’s stock worth $1,036,000 after buying an additional 28,612 shares in the last quarter. Virginia National Bank purchased a new stake in ING Groep in the 3rd quarter worth approximately $3,735,000. Finally, Verition Fund Management LLC purchased a new stake in ING Groep in the 3rd quarter worth approximately $185,000. Institutional investors and hedge funds own 3.44% of the company’s stock.

ING Groep N.V., a financial institution, provides various banking products and services to individuals, small and medium-sized enterprises, and mid-corporates. It operates in Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, and Wholesale Banking segments. The company accepts various deposits, such as current and savings accounts; and offers business lending products, as well as consumer lending products, such as residential mortgage loans, term loans, and revolver and personal loans.

Read More: Derivative

Receive News & Ratings for ING Groep NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ING Groep NV and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Gold Fields  Upgraded at Zacks Investment Research
Gold Fields Upgraded at Zacks Investment Research
FinnCap Reaffirms “Corporate” Rating for Zoo Digital Group
FinnCap Reaffirms “Corporate” Rating for Zoo Digital Group
ASOS  PT Lowered to GBX 3,500 at UBS Group
ASOS PT Lowered to GBX 3,500 at UBS Group
Just Eat  Stock Rating Reaffirmed by UBS Group
Just Eat Stock Rating Reaffirmed by UBS Group
Jupiter Fund Management’s  “Hold” Rating Reaffirmed at Peel Hunt
Jupiter Fund Management’s “Hold” Rating Reaffirmed at Peel Hunt
Peel Hunt Upgrades Restore  to Buy
Peel Hunt Upgrades Restore to Buy


Leave a Reply

 
© 2006-2019 Zolmax.