Deutsche Bank Upgrades ING To Buy As Commodity Crash Hits SharesMani
As ING holds 10% upside potential and near-term surplus return potential, an analyst at Deutsche Bank upgraded ING to Buy and pegged a new target price at €14.5.
David Lock of DB in his August 26, 2015 research report titled: “Evaluating risks; Upgrade to BUY” forecasts a 7% dividend yield for ING through 2017.
ING share price dropped on lower commodity prices
Lock notes ING is now 16% off recent highs, as market concerns grow around . . .
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