Stock Price & Analysis

ING stock has shown strong performance recently, with a 16.98% increase last week driven by a share repurchase program and positive market conditions. Analysts at Morgan Stanley have also raised their price target, indicating confidence in the stock's potential.

Buy ING stock as it is currently undervalued and has strong growth prospects.

ING stock is expected to reach €20.60 by 2025, driven by its recent share repurchase program and strong strategic execution. The stock has shown resilience with a 16.98% increase following the buyback announcement. Analysts have raised price targets, with Morgan Stanley leading at EUR 21, indicating confidence in ING's growth prospects.

The S1 support level for ING Stock is $19.46 ,The R1 resistant level for ING Stock is $20.41.

As of the end of day on 2025-04-02, the price of ING Stock was $19.62.

The market cap of ING is $61.8B.

Analysis and Insights

Recent Performance and Events:

ING Groep NV (ING) has shown strong performance recently, with a 16.98% increase last week driven by a €70 million share repurchase program, indicating management's confidence in its stock value.

Valuation Metrics:

ING's valuation metrics such as P/E, EV/EBITDA, and P/B ratios are key indicators. Comparing these to industry averages will help determine if the stock is overvalued.

Analyst Sentiment:

Morgan Stanley raised ING's price target from EUR 17.50 to EUR 21, maintaining an Equal Weight rating, signaling optimism about its future prospects.

Technical Analysis:

The stock's recent uptrend and volume suggest strength. Monitoring technical indicators and support/resistance levels will provide insights into its current valuation.

Conclusion:

While ING's stock has seen significant gains and positive analyst sentiment, its valuation metrics and technical analysis will determine if it's overvalued. The current price near the higher analyst targets may indicate it's fairly valued, but investors should consider potential market volatility and broader economic conditions.

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.

ING stock is predicted to reach €25 by 2030, driven by sustained growth and strong financial management. The recent €70 million share repurchase program and positive analyst sentiment, including Morgan Stanley raising its price target to EUR 21, support this outlook.

ING has a total of 62845 employees.