Royal Bank Of Canada upgraded ING Groep NV (ADR) (NYSE:ING) to Outperform in a report released today.
- Updated: September 24, 2016
Yesterday ING Groep NV (ADR) (NYSE:ING) traded -1.04% lower at $12.46. ING Groep NV (ADR)’s 50-day average is $12.18 and its two hundred day average is $11.81. With the last close up 4.39% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the date range. Volume of trade was up over the average, with 3,496,692 shares of ING changing hands over the typical 3,067,490
Royal Bank Of Canada has upgraded ING Groep NV (ADR) (NYSE:ING) to Outperform in a report released on 9/23/2016.
Previously on 08/30/2016, Zacks Investment Research reported about ING Groep NV (ADR) (NYSE:ING) raised the target price from $0.00 to $14.00. At the time, this indicated a possible upside of 0.14%.
With a total market value of $0, ING Groep NV (ADR) has price-earnings ratio of 9.69 with a one year low of $9.26 and a one year high of $14.96 .
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.
More 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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