Is This Stock a Screaming Buy: ING Groep N.V. (NYSE:ING)

Equity Research firms currently have a positive stance on shares of ING Groep N.V. (NYSE:ING). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $12.66 on a short term basis.

At the time of writing, the stock was trading at $12.56. This represents a change from the opening price of -0.24%. In terms of performance, year to date, the stock is -0.38%. The monthly stock performance comes in at -0.47%. For the quarter, shares are performing at 28.09%. Weekly performance analysis shows the equity at 6.32%.

In taking a look at technical levels, shares are trading 4.60% away from the 50 day simple moving average and 9.27% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -10.79% away from it’s 52- week high and 38.77% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, ING Groep N.V.’s RSI stands at 57.29. In looking at volatility levels, the shares saw weekly volatility of 1.69% and 1.74% over the past month.

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