(INGA) ING Groep - Ratings and Ratios

ING Groep N.V. is a diversified banking giant operating across Europe and beyond, offering a broad spectrum of financial products and services to individuals, businesses, and institutions. With a presence in the Netherlands, Belgium, Germany, and other European countries, the company has established itself as a major player in the regions banking landscape.

The companys diversified business model is segmented into Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, and Wholesale Banking, allowing it to cater to various customer needs, from personal banking and consumer lending to corporate finance and treasury services. ING Groep N.V.s extensive range of services includes current and savings accounts, time deposits, business lending, SME loans, mortgages, working capital solutions, debt and equity market solutions, and digital banking services.

With a rich history dating back to 1762, ING Groep N.V. has evolved into a modern, technology-driven banking institution, headquartered in Amsterdam, the Netherlands. The companys commitment to innovation is reflected in its digital banking services, which provide customers with convenient and secure access to their financial information and transactions.

Analyzing the and , we can observe that ING Groep N.V.s stock has been trending upward, with the short-term SMA20 at 18.65 and the long-term SMA200 at 15.75, indicating a potential bullish momentum. The stocks current price is 18.67, near the 52W High of 19.15. The P/E ratio is 9.50, and the P/E Forward is 9.69, suggesting a relatively attractive valuation. The RoE of 12.33 indicates a decent return on equity.

Based on the available data, a forecast for ING Groep N.V. could be as follows: given the current bullish trend and the companys solid fundamental position, we can expect the stock to continue its upward trajectory, potentially reaching the 52W High of 19.15 in the near term. However, a more significant breakout above this level may require sustained improvement in the companys financial performance, such as increased revenue growth and further expansion in its digital banking services. With a Market Cap of 56072.20M EUR, ING Groep N.V. remains a significant player in the European banking sector, and its stock is likely to remain an attractive option for investors seeking exposure to the regions financial markets.