NYSE:ING
9.46
0.08
(0.84%)
The ING Group is a Dutch multinational banking and financial services corporation headquartered in Amsterdam.
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ING Groep NV
ING-N
Analysis and Opinions about ING-N
Signal
Opinion
Expert
TOP PICK
TOP PICK
July 22, 2020
All the European banks had to suspend their dividends this year. It is now trading at half book value and 7 times earnings. A compelling valuation. It operates primary in the Netherlands, Belgium and Germany --- three rock solid economies. He thinks they shares are worth double their current price. Yield 0% (Analysts’ price target is $11.55)
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All the European banks had to suspend their dividends this year. It is now trading at half book value and 7 times earnings. A compelling valuation. It operates primary in the Netherlands, Belgium and Germany --- three rock solid economies. He thinks they shares are worth double their current price. Yield 0% (Analysts’ price target is $11.55)
DON'T BUY
DON'T BUY
May 28, 2020
He has paired back European banks. He likes ING in isolation. He moved to North American banks. ING-N's problems stem from EU problems in the countries not getting along. Look at other banks that have a sustainable dividend that can grow. You need to get yield if you are in banks.
Show full opinionHide full opinionHe has paired back European banks. He likes ING in isolation. He moved to North American banks. ING-N's problems stem from EU problems in the countries not getting along. Look at other banks that have a sustainable dividend that can grow. You need to get yield if you are in banks.
HOLD
HOLD
April 21, 2020
ING is one of Europe's strongest banks that will remain profitable. Solid balance sheet. All Euro banks suspended dividends. ING had a light payout ratio. After this crisis, the dividends should return. Hang on and ride this out.
Show full opinionHide full opinionING is one of Europe's strongest banks that will remain profitable. Solid balance sheet. All Euro banks suspended dividends. ING had a light payout ratio. After this crisis, the dividends should return. Hang on and ride this out.
SELL
SELL
March 5, 2020
Narrative on banks generally is a poor one, because interest rate margins are coming down. Problematic for European banks. If you have a long-term view of 4-5 years, you may want to look at insurers.
Show full opinionHide full opinionNarrative on banks generally is a poor one, because interest rate margins are coming down. Problematic for European banks. If you have a long-term view of 4-5 years, you may want to look at insurers.
TOP PICK
TOP PICK
January 15, 2020
ING trades below book value and pays a solid 6.3 per cent dividend.
ING trades below book value and pays a solid 6.3 per cent dividend.
BUY
BUY
December 18, 2019
European banks are on sale. ING pays out 50% of its earnings and paying a high dividend. You can buy here--it's come off the bottom--but be patient. Low interest rates hurt these banks. Collect the fat return and wait.
Show full opinionHide full opinionEuropean banks are on sale. ING pays out 50% of its earnings and paying a high dividend. You can buy here--it's come off the bottom--but be patient. Low interest rates hurt these banks. Collect the fat return and wait.
DON'T BUY
DON'T BUY
December 11, 2019
After the 2008 crisis, they sold off a lot of assets, including insurance, banking and other areas. Mortgages can be 30 years in Europe and the margins are very weak. Further interest rate cuts there could make it even more challenging. He thinks there are betting opportunities.
Show full opinionHide full opinionAfter the 2008 crisis, they sold off a lot of assets, including insurance, banking and other areas. Mortgages can be 30 years in Europe and the margins are very weak. Further interest rate cuts there could make it even more challenging. He thinks there are betting opportunities.
DON'T BUY
DON'T BUY
November 18, 2019
It was in a long-term downtrend all through 2018, then based this year. If it breaks out above current levels (possibly), it could test past high levels. For whatever reason, the market has put ING in the penalty box. He isn't positive about ING, based on the chart.
Show full opinionHide full opinionIt was in a long-term downtrend all through 2018, then based this year. If it breaks out above current levels (possibly), it could test past high levels. For whatever reason, the market has put ING in the penalty box. He isn't positive about ING, based on the chart.
HOLD
HOLD
October 25, 2019
ING was very large, prior to the global banking crisis. Now they have reduced quite a lot. The most interesting part of the Dutch banking market is the 30-year mortgage. This means there will be a challenge for Dutch banks to grow earnings due to money being locked in. It is a great bank and earnings will work. The dividend is attractive and he would hold. Yield of 6.5%.
Show full opinionHide full opinionING was very large, prior to the global banking crisis. Now they have reduced quite a lot. The most interesting part of the Dutch banking market is the 30-year mortgage. This means there will be a challenge for Dutch banks to grow earnings due to money being locked in. It is a great bank and earnings will work. The dividend is attractive and he would hold. Yield of 6.5%.
DON'T BUY
DON'T BUY
October 11, 2019
An ethical issue with all the anti-money laundering issues in Russian and eastern European countries. They aren't growing revenues to offset costs. There are other European banks that are clean with a much higher rate. There are also negative interest rates in Europe right now so it's difficult for them to grow business.
Show full opinionHide full opinionAn ethical issue with all the anti-money laundering issues in Russian and eastern European countries. They aren't growing revenues to offset costs. There are other European banks that are clean with a much higher rate. There are also negative interest rates in Europe right now so it's difficult for them to grow business.
DON'T BUY
DON'T BUY
October 2, 2019
He does not care for European banks. They have the lowest interest rates in the world and an economy on the verge of recession. They are not well positioned.
Show full opinionHide full opinionHe does not care for European banks. They have the lowest interest rates in the world and an economy on the verge of recession. They are not well positioned.
COMMENT
COMMENT
September 26, 2019
ING vs. HSBC Banking has a had a tough year, especially in Europe with negative interest rates. The Euro economy hurts the banks. HSBC has an Asian franchise, which is a plus. ING has become much more of a retail bank with a good ROE. They trade at below book value and pay reasonable dividends, but you will do well only with a long-term horizon. Their cost structures look much better now.
ING vs. HSBC Banking has a had a tough year, especially in Europe with negative interest rates. The Euro economy hurts the banks. HSBC has an Asian franchise, which is a plus. ING has become much more of a retail bank with a good ROE. They trade at below book value and pay reasonable dividends, but you will do well only with a long-term horizon. Their cost structures look much better now.
WEAK BUY
WEAK BUY
September 6, 2019
Continue to hold? The challenge is the negative interest rates in Europe. Globally banks have turned into utilities. He does not expect the negative interest rates to last -- you can't continue to pay people to have a mortgage. The bank has a good balance sheet. You may look to put more money in here to average down -- especially with the Euro being so weak. A good hold longer term.
Show full opinionHide full opinionContinue to hold? The challenge is the negative interest rates in Europe. Globally banks have turned into utilities. He does not expect the negative interest rates to last -- you can't continue to pay people to have a mortgage. The bank has a good balance sheet. You may look to put more money in here to average down -- especially with the Euro being so weak. A good hold longer term.
SELL
SELL
August 29, 2019
A tough one. Affected by uncertainty in Europe. Making lower highs and lower lows. Downtrend is not over. Could rally, but inclined to get rid of it. Avoid it if you don't own it.
Show full opinionHide full opinionA tough one. Affected by uncertainty in Europe. Making lower highs and lower lows. Downtrend is not over. Could rally, but inclined to get rid of it. Avoid it if you don't own it.
SELL
SELL
August 19, 2019
It was consolidating for a while. Everyone has lost money on this. There's some volume now and is bouncing back slightly. Not enough buyers are coming in. It''s been in free-fall since $11. It isn't recovering. Bite the bullet and sell at a loss. Buy a small position if this returns to $10.
Show full opinionHide full opinionIt was consolidating for a while. Everyone has lost money on this. There's some volume now and is bouncing back slightly. Not enough buyers are coming in. It''s been in free-fall since $11. It isn't recovering. Bite the bullet and sell at a loss. Buy a small position if this returns to $10.
ING Groep NV(ING-N) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 2
Total Signals / Votes : 3
ING Groep NV(ING-N) Frequently Asked Questions
What is ING Groep NV stock symbol?
ING Groep NV is a American stock, trading under the symbol ING-N on the New York Stock Exchange (ING). It is usually referred to as NYSE:ING or ING-N
Is ING Groep NV a buy or a sell?
In the last year, 3 stock analysts published opinions about ING-N. 0 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. Read the latest stock experts' ratings for ING Groep NV.
Is ING Groep NV a good investment or a top pick?
ING Groep NV was recommended as a Top Pick by Lorne Steinberg on 2020-07-22. Read the latest stock experts ratings for ING Groep NV.
Why is ING Groep NV stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is ING Groep NV worth watching?
3 stock analysts on Stockchase covered ING Groep NV In the last year. It is a trending stock that is worth watching.
What is ING Groep NV stock price?
On 2021-01-15, ING Groep NV (ING-N) stock closed at a price of $9.46.
