ING Groep Receives Buy Rating and €22.60 Price Target from J.P. Morgan

ING GROEP (0RIC) received a Buy rating from J.P. Morgan with a price target of €22.60. The company's shares closed at €20.23 last Friday. TipRanks analyst Delphine Lee, who has a 5-star rating with a 21.9% average return and 65.24% success rate, covers the Financial sector and focuses on stocks such as UniCredit SpA, BNP Paribas, and ING GROEP. The Moderate Buy consensus rating has a €22.36 average price target, representing a 10.55% upside.

ING GROEP (0RIC), a prominent financial services provider, received a Buy rating from J.P. Morgan with a price target of €22.60. The company's shares closed at €20.23 last Friday. This positive rating comes from TipRanks analyst Delphine Lee, who has a 5-star rating with a 21.9% average return and a 65.24% success rate in covering the Financial sector. Lee focuses on stocks such as UniCredit SpA, BNP Paribas, and ING GROEP.

The Moderate Buy consensus rating has an average price target of €22.36, representing a 10.55% upside. The company's recent performance has been strong, with analysts highlighting its strategic growth initiatives and solid financial results. ING GROEP reported a quarterly revenue of €5.64 billion and a net profit of €1.46 billion for Q1 2025, outperforming analysts' consensus estimates [1].

ING GROEP has been focusing on strategic growth initiatives, such as launching a digital bank account for teenagers in Spain and expanding its product offerings. The company expects to grow its fee income at the higher end of the 5-10% range, with a target of €5 billion by 2027. Despite economic uncertainties, ING maintains a positive outlook on its lending margins, expecting a recovery to 125-130 basis points by 2026 [2].

Analyst sentiment on ING GROEP has been generally positive. Barclays upgraded the stock from an "equal weight" rating to an "overweight" rating with a price target of €24.70. Other analysts have also issued positive ratings, with three equities research analysts rating the stock with a hold rating, two with a buy rating, and one with a strong buy rating [1].

ING GROEP's recent performance and analyst upgrades suggest a promising outlook for the company. However, investors should carefully consider the risks associated with economic uncertainties, wage inflation, regulatory changes, market competition, and FX sensitivity. As ING continues to focus on digital transformation and strategic growth, it remains a stock worth monitoring for investors and financial professionals.

References:
[1] https://www.marketbeat.com/instant-alerts/ing-group-nyseing-sets-new-52-week-high-should-you-buy-2025-07-23/
[2] https://in.investing.com/news/transcripts/earnings-call-transcript-ing-groeps-q2-2025-performance-and-strategic-initiatives-93CH-4936392