ING Group (ING) Gets a Buy Rating from Kepler Capital


In a report issued on September 23, Carola Holtz from Kepler Capital maintained a Buy rating on ING Group (ING), with a price target of EUR10.60. The company’s shares closed last Thursday at $6.94.

According to TipRanks.com, Holtz is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -3.5% and a 50.4% success rate. Holtz covers the Consumer Goods sector, focusing on stocks such as Bayerische Motoren Werke Aktiengesellschaft, Anheuser-Busch Inbev Sa, and PUMA SE NPV.

ING Group has an analyst consensus of Moderate Buy, with a price target consensus of $12.38.

See today’s analyst top recommended stocks >>

Based on ING Group’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $4.35 billion and GAAP net loss of $79 million. In comparison, last year the company earned revenue of $3.7 billion and had a net profit of $588 million.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

ING Groep NV engages in the provision of banking, investments, life and non-life insurance, and retirement and asset management services. It operates through the following five segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other and Wholesale Banking. The Retail Netherlands segment offers current and savings accounts, business lending, mortgages, and consumer lending. The Retail Belgium segment provides banking, life and non-life insurance, and asset management products and services. The Retail Germany segment involves retail and private banking, which offers current and savings accounts, mortgages, and customer lending. The Retail Other segment comprises of retail banking activities. The Wholesale Banking segment includes cash management to corporate finance, real estate, and lease. The company was founded on March 4, 1991 and is headquartered in Amsterdam, Netherlands.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts