Analysts anticipate on less revenue ING Groep, high dividend yield

For the current book year the analysts expect a total revenue of 16,87 billion euros. This is slightly lower than the revenue over 2015 of 17,94 billion euros.

Historical revenues and results ING Groep plus taxations 2016

Ing

For 2016 the analysts foresee a record net profit of 4,27 billion euros. For this year most of the analysts expect a profit per share of 1,11 euros. Based on the analyst's expectations the price/earnings-ratio is 10.

Quite high dividend ING Groep

Per share a dividend of 0,68 cents is expected. The dividend yield consequently equals 6,13 percent. The average dividend of the bank equals a rather low percent.

Most recent target prices around 45 euros

ING Groep is being covered by 8 analysts (only based on fundamental analysis). The average target price for the stock is at 45,25 euros. This is around 13 percent more than the current stock price of 11,1 euros. The 3 most recent recommendations for the Dutch company were provided by Goldman Sachs (buy, 47,00 euros), JP Morgan (sell, 38,00 euros) and Jefferies & Co. (buy, 51,00 euros).

Based on the number of outstanding shares ING Groep 's market capitalization is around 42,92 billion euros.

The stock traded at 13.27 0,18 percent lower at 11,1 euros.

ValueSpectrum.com News Wire & Equity Research: +31 084-0032-842
news@valuespectrum.com

Copyright analist.nl B.V.
All rights reserved. Any redistribution, duplication or archiving prohibited. analist.nl doesn't warrant the accuracy of any News Content provided and shall not be liable for any errors, inaccuracies or for any actions taken in reliance thereon.