ING Group, N.V. with ticker code (ING) have now 2 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 18.4 and 17.6 with the average target price sitting at $18.00. Given that the stocks previous close was at $12.17 and the analysts are correct then we can expect a percentage increase in value of 47.9%. The 50 day MA is $12.66 and the 200 day moving average is $11.37. The market cap for the company is $44,456m. Visit the company website at: https://www.ing.com
The potential market cap would be $65,752m based on the market consensus.
ING Groep N.V., a financial institution, provides various banking products and services in the Netherlands, Belgium, Rest of Europe, North America, Latin America, Asia, and Australia. It operates in six segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, Wholesale Banking, and Corporate Line Banking. The company accepts various deposits, such as current and savings accounts. It also offers business lending products; consumer lending products, such as residential mortgage loans, term loans, and other consumer lending loans; and secured and unsecured lending services. in addition, the company provides debt capital market, working capital solutions, export finance, daily banking, treasury and risk, and corporate finance solutions; and specialized lending, debt and equity market solutions, payments and cash management, and trade and treasury services, as well as savings, investment, insurance, mortgage, and digital banking services; and SME loans. It serves individual customers, corporate clients, and financial institutions. ING Groep N.V. was founded in 1762 and is headquartered in Amsterdam, the Netherlands.
The company has a dividend yield of 4.1% with the ex dividend date set at 26-4-2023 (DMY).
Other points of data to note are a P/E ratio of 10.91, revenue per share of 8.13 and a 1.27% return on assets.
