Kepler Capital analyst Anna Maria Benassi maintained a Buy rating on ING Group (ING – Research Report) on January 28 and set a price target of EUR11.60. The company’s shares closed last Friday at $10.97, close to its 52-week high of $11.02.
According to TipRanks.com, Benassi is a 4-star analyst with an average return of 15.6% and a 82.4% success rate. Benassi covers the Financial sector, focusing on stocks such as SpareBank 1 Nord-Norge, Helgeland Sparebank, and Erste Group Bank AG.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for ING Group with a $13.02 average price target.
The company has a one-year high of $11.02 and a one-year low of $4.52. Currently, ING Group has an average volume of 4.29M.
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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. 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.