Analyst Ratings for ING Groep N.V. ADR (ING)Updated: 2017-07-26
Shares of ING Groep N.V. ADR (NYSE:ING) have received a consensus rating of Overweight from Wall Street analysts. About 30 days ago, ING was issued an average rating of Overweight.
A buy rating was issued by 15 analysts, 2 issued an overweight rating, 10 gave a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has decreased by 1.
A number of analysts gave price targets for ING. The maximum price target given was 20.72, implying a possible profit of 12.43 percent. The most pessimistic analyst gave a price target of 14, implying a possible loss of -24.04 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. Meanwhile, fiscal year estimates have been revised upwards by 1.73 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 13.12 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
ING has an estimated earnings growth rate of 12.09 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of ING is 1.15.
In the trailing 52-weeks, ING hit 18.52 at the highest peak, while it's lowest trading point was 10.49. Currently the stock is 75.69 percent higher than its low, and below the high by 0.49 percent. ING has a P/E ratio of 13.91. Investors typically compare the P/E ratio to a company's peers in the industry. The ING value stock report compares ING to some of its peers using value stock charts. The stock has a market capitalization of $71 billion. ING will post this quarters earnings in days, on 0000-00-00.