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 most optimistic price target was 20.72, implying a possible profit of 12.43 percent. The lowest price target was 14, which equates to a potential downside 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.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which 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.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of ING to grow at a rate of 12.09 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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. The current market price is above the trailing year's low by 75.69 percent, and below the high by 0.49 percent. ING has a price/earnings 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's next earnings release will be on 0000-00-00, which is days away.