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Kepler Capital Stick to Their Buy Rating for ING Group NV

Published 07/03/2020, 02:21 AM
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Kepler Capital analyst Arnaud Girod maintained a Buy rating on ING Group (NYSE:ING) NV on Thursday, setting a price target of EUR8.6, which is approximately 24.64% above the present share price of $6.9.

Girod expects ING Group NV to post earnings per share (EPS) of $0.00 for the third quarter of 2020.

The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in ING Group, with an average price target of $8.06.
The analysts price targets range from a high of $9.12 to a low of $7.

In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $4.31 billion and a net profit of $0. The company's market cap is $27.81 billion.

According to TipRanks.com, Kepler Capital analyst Arnaud Girod is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -9.1% and a 34.62% success rate.

ING Groep (AS:INGA) 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.

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