ING GROEP (0RIC) Receives a Buy from Barclays
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
Read More on GB:0RIC:
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- ING Groep price target raised to EUR 27 from EUR 25 at RBC Capital
- ING Groep upgraded to Buy at Deutsche Bank on volume growth outlook
- ING Groep upgraded to Buy from Hold at Deutsche Bank
- ING: Solid Fundamentals and Capital Returns but Limited Upside Keep Shares Fairly Valued at Hold
- ING Groep sees FY26 total income EUR 24B
