What’s Ahead for ING Groep NV (ADR) After Today’s Bullish Options Activity?

 What's Ahead for ING Groep NV (ADR) After Today's Bullish Options Activity?

In today’s session ING Groep NV (ADR) (ING) registered an unusually high (1,089) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the April, 2017 call, expecting serious ING increase. With 1,089 contracts traded and 1894 open interest for the Apr, 17 contract, it seems this is a quite bullish bet. The option with symbol: ING170421C00015000 closed last at: $0.4 or 0% . About 1.42M shares traded hands. ING Groep NV (ADR) (NYSE:ING) has risen 8.80% since March 31, 2016 and is uptrending. It has outperformed by 6.28% the S&P500.

ING Groep NV (ADR) (NYSE:ING) Ratings Coverage

Out of 5 analysts covering ING Groep N.V. (NYSE:ING), 4 rate it a “Buy”, 1 “Sell”, while 0 “Hold”. This means 80% are positive. ING Groep N.V. has been the topic of 5 analyst reports since August 27, 2015 according to StockzIntelligence Inc. The stock of ING Groep NV (ADR) (NYSE:ING) has “Buy” rating given on Friday, February 5 by Kepler Cheuvreux. Natixis initiated ING Groep NV (ADR) (NYSE:ING) on Friday, October 9 with “Buy” rating. The stock of ING Groep NV (ADR) (NYSE:ING) earned “Outperform” rating by RBC Capital Markets on Friday, September 23. The firm has “Buy” rating by Deutsche Bank given on Thursday, August 27. The firm has “Underweight” rating by Morgan Stanley given on Thursday, March 31.

According to Zacks Investment Research, “ING GROEP-ADR is a global financial institution of Dutch origin offering banking, insurance and asset management to over 50 million private, corporate and institutional clients in 65 countries. ING can fully deliver what today’s clients expect: unlimited access, maximum convenience, immediate and accurate execution, personal advice, tailor-made solutions and competitive rates.”

ING Groep N.V. is a financial institution. The company has a market cap of $49.23 billion. The Firm offers banking services. It has a 11.49 P/E ratio. The Company’s divisions include Retail Netherlands, which offers current and savings accounts, business lending, mortgages and other consumer lending in the Netherlands; Retail Belgium, which offers products are similar to those in the Netherlands; Retail Germany, which offers current and savings accounts, mortgages and other customer lending; Retail Other, which offers products are similar to those in the Netherlands, and Wholesale Banking, which offers wholesale banking activities (a full range of products from cash management to corporate finance), real estate and lease.

ING Company Profile

ING Groep N.V. (ING), incorporated on January 21, 1991, is a financial institution. The Firm offers banking services. The Company’s divisions include Retail Netherlands, which offers current and savings accounts, business lending, mortgages and other consumer lending in the Netherlands; Retail Belgium, which offers products that are similar to those in the Netherlands; Retail Germany, which offers current and savings accounts, mortgages and other customer lending; Retail Other, which offers products that are similar to those in the Netherlands, and Wholesale Banking, which offers wholesale banking activities (a full range of products from cash management to corporate finance), real estate and lease. The Company’s Retail Banking business lines provide services and products to individuals, small and medium-sized enterprises (SMEs) and mid-corporates.

More news for ING Groep NV (ADR) (NYSE:ING) were recently published by: Marketwatch.com, which released: “/quotes/zigman/3870025/realtime” on May 13, 2009. Businessfinancenews.com‘s article titled: “ING Groep: Too Much From Two Factors, Q1 Earnings Review” and published on May 11, 2016 is yet another important article.

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