Brokerage Firm Rating Update on ING Group N.V. (ING)

ING Group N.V. (ING) : Zacks Investment Research ranks ING Group N.V. (ING) as 2, which is a Buy recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. The average broker rating of 2 research analysts is 2.65, which indicates as a Hold.


For this week, the average consensus of the company shares are rated as a Strong Buy.

ING Group N.V. (NYSE:ING): stock was range-bound between the intraday low of $12.64 and the intraday high of $12.79 after having opened at $12.75 on Wednesdays session. The stock finally closed in the red at $12.75, a loss of -0.31%. The stock remained in the red for the whole trading day. The total traded volume was 2,080,569 shares. The stock failed to cross $12.79 in Wednesdays trading. The stocks closing price on Thursday was $12.72.

ING Groep N.V. (ING) is a financial services company active in banking, investments, life and nonlife insurance and retirement services. The Companys segments include: Retail Netherlands, Retail Belgium, Retail Germany and Retail Rest of World, which offer current and savings accounts, business lending, mortgages and other consumer lending, and Commercial Banking, which offers wholesale banking (a full range of products from cash management to corporate finance), real estate and lease. The Company provides a range of products and services to support its customers needs. The Company offers retail banking services to individuals, SMEs (small and medium sized enterprises) and mid-corporates in Europe, Asia and Australia. The Company operates Qustomer SPRL as a wholly owned subsidiary.

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