J.P. Morgan analyst Kian Abouhossein maintained a Buy rating on ING GROEP today and set a price target of €24.20. The company’s shares closed yesterday at €21.03.
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Abouhossein covers the Financial sector, focusing on stocks such as Deutsche Bank AG, UBS Group AG, and HSBC Holdings. According to TipRanks, Abouhossein has an average return of 24.7% and a 71.92% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ING GROEP with a €23.46 average price target, an 11.55% upside from current levels. In a report released today, UBS also maintained a Buy rating on the stock with a €24.00 price target.
The company has a one-year high of €22.39 and a one-year low of €14.24. Currently, ING GROEP has an average volume of 2.25M.
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