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ING GROEP (0RIC) Receives a Buy from Barclays

Tipranks - Sat Feb 7, 12:34PM CST

Barclays analyst Namita Samtani maintained a Buy rating on ING GROEP today and set a price target of €28.50.

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Samtani covers the Financial sector, focusing on stocks such as ING GROEP, DNB ASA, and Swedbank. According to TipRanks, Samtani has an average return of 2.2% and a 53.42% success rate on recommended stocks.

In addition to Barclays, ING GROEP also received a Buy from Deutsche Bank ‘s Benjamin Goy in a report issued on February 3. However, on the same day, TipRanks – OpenAI reiterated 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

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