ING Groep NV (ADR) (NYSE:ING) has been downgraded to Hold in a report by Zacks Investment Research today.
- Updated: October 4, 2016
Zacks Investment Research has downgraded ING Groep NV (ADR) (NYSE:ING) to Hold in a report released on 10/5/2016.
Yesterday ING Groep NV (ADR) (NYSE:ING) traded 0.41% higher at $12.22. ING’s 50-day average is $12.25 and its two hundred day average is $11.77. With the last close up 3.80% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 3,106,081 shares of ING traded hands, up from an average trading volume of 2,730,560
Recent Performance Chart
ING Groep NV (ADR) has PE ratio of 9.63 with a 52 week low of $9.26 and a 52 week high of $14.96 and has a market cap of $0.
A total of 1 equity analyst has released a research note on ING. One equity analyst rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $15.71.
Brief Synopsis About ING Groep NV (ADR) (NYSE:ING)
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 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 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. The Company's Retail Banking business lines provide products and services to individuals, small and medium-sized enterprises (SMEs) and mid-corporates. ING Bank's subsidiary in the United States is ING Financial Holdings Corporation.
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