ING Price Prediction Next Week
Based on the provided data and recent market developments, here's the analysis for ING's stock price prediction for the next trading week:
Technical Analysis
Market Position & Recent Performance
- Current share buyback program of €2.0 billion announced on October 31, 2024
- 62.12% completed with average repurchase price of €15.28
- Latest weekly repurchase at €16.52 (week of Feb 17-21, 2025)
Analyst Consensus
- Multiple analysts maintain positive outlook:
- Kepler Capital: Buy rating with €20.10 target
- UBS: Buy rating with €21.00 target
- Deutsche Bank: Hold rating with €17.50 target
- Barclays: Hold rating with €17.00 target
Price Target Consensus: €17.99, representing 15.43% upside potential
Next Week's Price Projection Based on technical indicators and recent market sentiment:
- Support level: €15.59 (current trading level)
- Resistance level: €17.32 (52-week high)
- Expected trading range: €15.40 - €16.80
Trading Recommendation BUY with the following rationale:
- Ongoing share buyback program providing price support
- Strong analyst consensus with upside potential
- Trading below consensus target price
- Positive institutional sentiment
Key Price Levels for Next Week
- Entry point: €15.40-15.60
- First target: €16.20
- Second target: €16.80
- Stop loss: €15.00
The stock is likely to maintain its upward momentum supported by the ongoing buyback program and positive analyst sentiment, though some consolidation may occur around current levels before continuing higher.
ING Similar Chart Price Prediction
The price of ING is predicted to go up 6.76%, based on the high correlation periods with JHX. The similarity of these two price pattern on the periods is 95.44%.
ING
JHX
Up: 6.76%Similarity: 95.44%
ING Revenue Forecast
ING EPS Forecast
ING FAQs
What is ING revenue forecast for next quarter？
ING VS S&P500
Dutch banking system is an oligopoly with the three main banks holding more than 90% of Dutch current accounts.
A very attractive funding structure dominated by cheap, sticky retail deposits.
Ahead of the curve in direct banking using digital channels, ING DiBa in Germany one of the most successful digital banks in Europe.
