ING Groep (ING) Downgraded to ‘Equal Weight’

ING Groep N.V. (NYSE:ING) is simply a planetary slope with a beardown European base. Its much than 60,000 employees connection retail and wholesale banking services successful implicit 100 countries astir the world.

ING Groep N.V. (NYSE:ING) had a setback connected March 23 erstwhile Morgan Stanley downgraded the banal from ‘Overweight’ to ‘Equal Weight’, portion assigning it a terms people of €28. The people inactive indicates an upside of implicit 25% from the existent levels.

The determination comes aft Morgan Stanley recommended taking a much antiaircraft stance connected the European banks. The expert steadfast sees aggregate hazard factors amid a deficiency of clarity for investors.

That said, ING Groep N.V. (NYSE:ING) is targeting its full income to turn by implicit 4% YoY to astir €24 cardinal successful 2026. The slope past intends to proceed this momentum and present a full income exceeding €25 cardinal successful 2027.

As of the penning of this piece, the stock terms of ING Groep N.V. (NYSE:ING) has fallen by implicit 10% since the opening of 2026. However, the banal presently has a guardant P/E ratio of 9.05 and was precocious included successful our database of the 11 Undervalued European Stocks to Buy Now.

While we admit the imaginable of ING arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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