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ING Groep NV (ING-N)
NYSE:ING
13.22
0.21
(1.61%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
$13.840
Unknown
It is a great company and has been very innovative. It sold off many assets during 2008, is well run, and should continue well. It is primarily a retail and commercial bank. There are other opportunities in Europe but don't sell this one.
Pure retail bank in the Netherlands, Germany, and Belgium. In a mess after the financial crisis. Over-capitalized, extremely well run, boring, profitable. Buying back shares. Best-run European bank. Yield is 5.5%.
(Analysts’ price target is $18.33)
This Netherlands based global bank trades below book value and supports a 25% ROE. Higher interest rates are helping its bottom line, which has allowed the company to initiate a share buyback program, while it has also retired debt aggressively. It is paying a good yield, backed by a payout ratio under 50% of cash flow. We recommend placing a stop-loss at $12.50, looking to achieve $18.00 -- upside potential of 20%. Yield 4.0%
(Analysts’ price target is $18.35)
ING Groep NV(ING-N) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 4
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, 4 stock analysts published opinions about ING-N. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . 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 on . 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?
4 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 2023-09-28, ING Groep NV (ING-N) stock closed at a price of $13.22.
We reiterate ING as a TOP PICK. Their share buyback program has achieved almost 90% of its target. It trades at 8x earnings, under book value and supports a ROE of 14% (good for a bank). It pays a nice dividend, backed by a payout ratio under 35% of cash flow. It has been prudently using some cash reserves to aggressively retire debt and buy back shares. We continue to recommend a stop at $12.50, looking to achieve $19 -- upside potential of 35%. Yield 5.3%
(Analysts’ price target is $19.62)