Stock Price & Analysis

Based on the provided data, ING stock is currently trading at $16.73 with a positive momentum showing +2.26% gain in the regular market session, and technical indicators suggest a bullish trend with RSI at 63.69 and positive MACD at 0.23.

The stock is currently trading above its 20-day moving average of $15.94, indicating short-term bullish momentum. With Fibonacci levels showing support at $15.70 and resistance at $16.66, the current price has broken above the first resistance level, suggesting further upside potential.

Given the strong technical setup and positive price action, investors could consider buying ING at current levels with a stop loss below the first Fibonacci support at $15.70.

Based on the technical analysis and recent market data, ING stock is projected to reach $18.50 by end of 2025, representing a 10.6% upside from current price of $16.73, driven by strong fundamentals and ongoing share buyback program. The bank's commitment to sustainability with AA ESG rating and robust management of ESG risks provides additional support for valuation expansion. Recent price momentum shows an upward trend with increasing trading volume, suggesting growing investor confidence.

The S1 support level for ING Stock is $15.73 ,The R1 resistant level for ING Stock is $16.73.

As of the end of day on 2025-01-24, the price of ING Stock was $16.75.

The market cap of ING is $53.0B.

Based on the provided data and current market conditions, here's an analysis of whether ING is overvalued:

Technical Analysis ING currently trades at $16.73, showing an RSI of 63.69, indicating neutral momentum without being overbought. The stock is trading above its 20-day moving average of $15.94, suggesting short-term bullish momentum.

Valuation Assessment The stock trades at approximately 0.95x tangible book value, representing a slight discount to book value. This valuation is relatively modest for a bank generating a return on tangible equity (ROTE) of approximately 13-14%.

Capital Return Potential ING has announced a €2.5 billion capital return program, including a €2 billion share buyback and €0.5 billion dividend. The bank still maintains approximately €3 billion in excess capital above its target CET1 ratio.

Market Performance The stock has demonstrated resilience with a 20% total return (including dividends) over the past year, despite challenging market conditions.

Conclusion At current levels, ING appears fairly valued to slightly undervalued, considering its solid returns, strong capital position, and ongoing capital return program.

ING Groep N.V. (ING) is a financial institution. The Company offers banking services. The Company's segments include Retail Netherlands, which offers current and savings accounts, business lending, mortgages and other consumer lending in the Netherlands; Retail Belgium, which offers products that are similar to those in the Netherlands; Retail Germany, which offers current and savings accounts, mortgages and other customer lending; Retail Other, which offers products that are similar to those in the Netherlands, and Wholesale Banking, which offers wholesale banking activities (a full range of products from cash management to corporate finance), real estate and lease. The Company's Retail Banking business lines provide products and services to individuals, small and medium-sized enterprises (SMEs) and mid-corporates. ING's banking activities in Australia are undertaken by ING Bank (Australia) Limited (trading as ING Direct) and ING Bank NV Sydney Branch.

Based on the provided data and market analysis, here is the price prediction for ING stock by 2030:

ING stock is expected to reach €28.50 by 2030, driven by the bank's strong digital transformation strategy and expanding sustainable finance portfolio. The bank's current share buyback program of €2.0 billion and strong ESG rating of 'AA' demonstrate robust financial management and sustainability commitment. The bank's strategic focus on digital banking across Europe and Australia, combined with its market-leading positions in the Netherlands and Belgium, positions it well for long-term growth.

The technical analysis shows ING is currently trading near €16.73 with an RSI of 63.69, indicating balanced momentum that supports the long-term bullish outlook.

ING has a total of 62845 employees.