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.
Investment analysts gave a few price targets for ING. The highest price target was 20.72, implying a possible profit of 12.43 percent. The most pessimistic analyst gave a price target of 14, implying potential capital losses of -24.04 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 13.12 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of ING to grow at a rate of 12.09 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. 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. ING has a PEG ratio of 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 0.49 percent lower than its 52-week high. 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 market cap of ING is $71 billion. ING will post this quarters earnings in days, on 0000-00-00.