Berenberg Bank Reaffirms Their Buy Rating on ING Group NV (ING)

In a report issued on November 1, Andrew Lowe from Berenberg Bank maintained a Buy rating on ING Group NV (INGResearch Report), with a price target of EUR13.50. The company’s shares closed last Monday at $11.43.

According to TipRanks.com, Lowe is ranked #2627 out of 5590 analysts.

Currently, the analyst consensus on ING Group NV is a Moderate Buy with an average price target of $14.52.

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ING Group NV’s market cap is currently $44.53B and has a P/E ratio of 8.48. The company has a Price to Book ratio of 0.74.

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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.