Jefferies initiated coverage of ING Groep (ING) with a Hold rating and EUR 27 price target The firm says the bank faces competitive threats from digital-players and has fewer catalysts and tighter capital relative to ABN.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ING:
- ING Earnings this Week: How Will it Perform?
- ING Groep price target raised to EUR 28.50 from EUR 24.80 at JPMorgan
- ING Groep Nears 44% Completion of €1.1 Billion Share Buyback Programme
- ING Groep Reports 40% Completion of €1.1 Billion Share Buyback Programme
- ING Sets €0.172 Cash Payout as Part of €1.6 Billion Shareholder Distribution