ING Groep NV (INGA) Given a €18.00 Price Target at Goldman Sachs Group, Inc. (The)

Goldman Sachs Group, Inc. (The) set a €18.00 ($21.18) target price on ING Groep NV (AMS:INGA) in a report published on Thursday morning. The brokerage currently has a neutral rating on the stock.

Several other equities analysts also recently weighed in on the company. UBS AG set a €16.40 ($19.29) price objective on ING Groep NV and gave the company a buy rating in a research note on Tuesday, August 15th. Citigroup Inc. set a €17.50 ($20.59) price objective on ING Groep NV and gave the company a buy rating in a research note on Thursday, August 3rd. J P Morgan Chase & Co set a €17.60 ($20.71) price objective on ING Groep NV and gave the company a buy rating in a research note on Thursday, August 3rd. Deutsche Bank AG set a €17.00 ($20.00) price objective on ING Groep NV and gave the company a buy rating in a research note on Thursday, August 3rd. Finally, S&P Global set a €18.50 ($21.76) price objective on ING Groep NV and gave the company a buy rating in a research note on Thursday, August 3rd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and twelve have given a buy rating to the stock. The stock has a consensus rating of Buy and a consensus target price of €16.35 ($19.24).

Shares of ING Groep NV (AMS:INGA) opened at 15.265 on Thursday. The stock has a 50 day moving average price of €15.54 and a 200-day moving average price of €14.70. The firm has a market capitalization of €59.29 billion and a price-to-earnings ratio of 11.991. ING Groep NV has a 52 week low of €10.36 and a 52 week high of €16.00.

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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.