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ING GROEP (0RIC) Gets a Buy from J.P. Morgan
In a report released today, Delphine Lee from J.P. Morgan maintained a Buy rating on ING GROEP, with a price target of €28.50.
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According to TipRanks, Lee is ranked #370 out of 12125 analysts.
In addition to J.P. Morgan, ING GROEP also received a Buy from Barclays’s Namita Samtani in a report issued yesterday. However, today, Morgan Stanley maintained a Hold rating on ING GROEP (LSE: 0RIC).
Based on ING GROEP’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €24.26 billion and a net profit of €1.68 billion. In comparison, last year the company earned a revenue of €27.87 billion and had a net profit of €1.78 billion
Read More on GB:0RIC:
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- ING Groep price target raised to EUR 29 from EUR 28 at Deutsche Bank
- ING Groep price target raised to EUR 28.50 from EUR 27.40 at UBS
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- European banks launch Qivalis to build euro stablecoin, CoinDesk reports
- ING Groep upgraded to Market Perform from Underperform at Keefe Bruyette
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