Analyst Rating Update on ING Group N.V. (ING)

ING Group N.V. (ING) has an average broker rating of 2.65, which is interpreted as a Hold, as rated by 2 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Ranking by Zacks Investment Research for Coach Inc is 5, which is also a Strong Sell. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

For this week, the average consensus of the company shares are rated as a Strong Buy.


ING Group N.V. (NYSE:ING): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $11.40 and $11.33 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $11.49. The buying momentum continued till the end and the stock did not give up its gains. It closed at $11.43, notching a gain of 8.24% for the day. The total traded volume was 5,333,704 . The stock had closed at $10.56 on the previous day.

ING Groep N.V. (ING) is a financial services company active in banking, investments, life and nonlife insurance and retirement services. The Companys segments include: Retail Netherlands, Retail Belgium, Retail Germany and Retail Rest of World, which offer current and savings accounts, business lending, mortgages and other consumer lending, and Commercial Banking, which offers wholesale banking (a full range of products from cash management to corporate finance), real estate and lease. The Company provides a range of products and services to support its customers needs. The Company offers retail banking services to individuals, SMEs (small and medium sized enterprises) and mid-corporates in Europe, Asia and Australia. The Company operates Qustomer SPRL as a wholly owned subsidiary.

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