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.
ING was given price targets by several analysts. The highest price target was 20.72, implying potential capital gains of 12.43 percent. The lowest price target was 14, which equates to a potential downside of -24.04 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 1.73 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 13.12 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
Analysts estimate earnings of ING to grow at a rate of 12.09 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of ING is 1.15.
ING has traded between a high of 18.52 and a low of 10.49 over the past year. Today's price is 75.69 percent above the 52-week low, and 0.49 percent below the high. 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 market cap of ING is $71 billion. ING's next earnings release will be on 0000-00-00, which is days away.