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Citi Remains a Buy on ING GROEP (0RIC)
In a report released today, Shrey Srivastava from Citi maintained a Buy rating on ING GROEP, with a price target of €33.00.
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According to TipRanks, Srivastava is ranked #895 out of 12359 analysts.
In addition to Citi, ING GROEP also received a Buy from Barclays’s Namita Samtani in a report issued yesterday. However, on July 30, Bank of America Securities maintained a Hold rating on ING GROEP (LSE: 0RIC).
Based on ING GROEP’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of €5.82 billion and a net profit of €1.56 billion. In comparison, last year the company earned a revenue of €5.64 billion and had a net profit of €1.46 billion
Read More on GB:0RIC:
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- ING nears halfway mark in €1 billion share buyback
- ING Groep price target raised to EUR 33.10 from EUR 31.30 at JPMorgan
- ING Groep price target raised to EUR 34 from EUR 31 at Deutsche Bank
- ING EGM Approves Andrea Cesaroni as New Chief Risk Officer
- Morning Movers: Baxter surges following beat and raise report
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