ING Groep NV (ING)

An earnings forecast is an analyst's outlook for a company's future quarterly or annual earnings.

Rockefeller Financial Services Inc. raised its position in ING Group, N.V. (NYSE:ING) by 286.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. (NYSE:ING), 5 have Buy rating, 1 Sell and 3 Hold. They use historic price data to observe stock price patterns to predict the direction of that price going forward. ING Group, N.V. now has a consensus rating of "Buy" and a consensus target price of $17.00. This recommendation lands on a scale between 1 and 5.

Price targets show what analysts believes a stock will be worth at the end of a certain time period.

Yet another important factor while evaluating a good buy/sell decision for ING Groep N.V. (ING) is its Earnings per Share or EPS. 1,772,155 shares of the company traded hands.

Public Service Enterprise Group Incorporated (NYSE:PEG)'s stock on Tuesday traded at beginning with a price of $43.32 and when day-trade ended the stock finally surged 0.76% to reach at $43.56.

09/23/2016 - ING Group, N.V. was upgraded to " by analysts at RBC Capital. AGO's distance from 20 day simple moving average is 5.07% and distance from 50-Day simple moving average is 9.40%.

ING Groep N.V. (ING) stock price rose 65.86 percent over the past one year, while increased 24.86 percent during the past 6 months.

However it has a net margin of 10.40%. The financial services provider reported $0.32 earnings per share for the quarter, topping analysts' consensus estimates of $0.30 by $0.02. The firm had revenue of $4.68 billion during the quarter. While looking the figure depicted by the Price to Earning we can suggest that the shares of ING Groep N.V. (ING) are overvalued.

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A number of large investors have recently made changes to their positions in the company. Orbis Allan Gray Ltd increased its stake in shares of ING Group, N.V.by 1.3% in the fourth quarter. Lincluden Management Ltd. now owns 264,985 shares of the financial services provider's stock worth $3,736,000 after buying an additional 35,512 shares during the last quarter. Bank of America Corp DE now owns 8,039,257 shares of the financial services provider's stock worth $121,313,000 after buying an additional 410,416 shares in the last quarter. A rating of 4 or 5 would represent a Sell recommendation. UBS AG restated a "buy" rating on shares of ING Group, N.V.in a research note on Wednesday, April 19th. The shares price has positioned 17.61% up over the past quarter while it has directed 25.21% toward a rising position throughout past six months. Finally, ValuEngine upgraded shares of ING Group, N.V. from a "buy" rating to a "strong-buy" rating in a report on Tuesday, June 6th. Todd Asset Management LLC now owns 1,417,802 shares of the financial services provider's stock valued at $21,394,000 after buying an additional 86,201 shares in the last quarter.

In Life Insurance Industry, ING Groep N.V. (ING) have 3.85 billion outstanding shares now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

ING Groep N.V. (ING) is a financial institution.

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