RBC Reaffirms Hold Rating on ING GROEP with €23 Price Target.

RBC Capital analyst Anke Reingen maintained a Hold rating on ING GROEP with a price target of €23.00, citing the company's shares closed at €21.03. TipRanks ranks Reingen as a 5-star analyst with a 19.8% average return and 71.81% success rate. The Moderate Buy consensus rating on the stock suggests a €22.68 average price target, a 7.84% upside from current levels.

ING Groep N.V. (ING) has made significant strides in its €2.0 billion share buyback program, as announced on August 12, 2025. Between August 4 and August 8, 2025, the company repurchased 7,738,842 shares at an average price of €19.72, totaling €152,633,577.73. This represents approximately 56.69% completion of the maximum total value, demonstrating the company's strategic financial management and potential impact on shareholder value [1].

Analyst ratings on ING stock vary. RBC Capital analyst Anke Reingen maintained a Hold rating with a price target of €23.00, citing that the company's shares closed at €21.03. TipRanks ranks Reingen as a 5-star analyst with a 19.8% average return and 71.81% success rate. The Moderate Buy consensus rating on the stock suggests a €22.68 average price target, a 7.84% upside from current levels [2].

ING Groep is a global financial institution with a strong European base, offering a range of banking services through its operating company, ING Bank. The company employs over 60,000 people and serves customers in more than 100 countries, focusing on both retail and wholesale banking. ING is committed to sustainability and has been recognized for its efforts in environmental, social, and governance (ESG) matters [1].

References:
[1] https://www.theglobeandmail.com/investing/markets/stocks/ING/pressreleases/34107960/ing-groep-reports-progress-on-share-buyback-program/
[2] https://www.tipranks.com/analysts/ankereingen