ING Group Upgrades ING Groep to Outperform (ING)

By admin | 6 years ago

ING Groep (NYSE: ING) was upgraded by equities researchers at ING Group from a “market perform” rating to an “outperform” rating in a report issued on Wednesday.

ING Groep traded up 3.05% on Wednesday, hitting $6.7809. ING Groep has a 52-week low of $5.80 and a 52-week high of $12.68. The company has a market cap of $25.647 billion and a price-to-earnings ratio of 5.95.

A number of other firms have also recently commented on ING. Analysts at Nomura (NYSE: NMR) reiterated a “buy” rating on shares of ING Groep in a research note to investors on Wednesday, May 2nd. They noted that the move was a valuation call. Separately, analysts at Citigroup (NYSE: C) upgraded shares of ING Groep from a “neutral” rating to a “buy” rating in a research note to investors on Wednesday, April 18th. Finally, analysts at BNP Paribas (EPA: BNP) upgraded shares of ING Groep from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, April 17th.

ING Groep N.V. (ING) is a global financial institution offering banking, investments, life insurance and retirement services to meet the needs of the customers.

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