ING Groep stock: Keefe Bruyette upgrades ING Groep stock to Outperform at EUR 37.50
Published on 10/20/2026 at 16:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst upgrade and results date
- Keefe Bruyette upgraded ING Groep on October 16, 2026, and set a EUR 37.50 target.
- Second-quarter 2026 net income was EUR 1.95 billion, down 21.00 percent year over year.
- ING Groep stock costs EUR 29.52 at Lang & Schwarz on October 20, 2026 at 4:33 p.m. CEST and sits 21.28 percent below EUR 37.50.
- ING will publish third-quarter 2026 results on October 29, 2026.
ING Groep stock is trading at EUR 29.52 at Lang & Schwarz on October 20, 2026 at 4:33 p.m. CEST, while Keefe Bruyette upgraded the bank to Outperform with a EUR 37.50 price target on October 16, 2026, according to Markets Insider.
Second-quarter earnings set the baseline
In the second quarter of 2026, ING reported net income of EUR 1.95 billion, down 21.00 percent from the second quarter of 2025. Earnings per share fell to EUR 0.68 from EUR 0.82, while the net profit margin declined to 32.00 percent from 38.00 percent, Simply Wall St reported on October 16, 2026.
What does the EUR 37.50 target imply?
The target stands 27.03 percent above the Lang & Schwarz price of EUR 29.52. Keefe Bruyette's move therefore places the analyst view well above the current euro quotation, although the upgrade does not establish a trading outcome.
Two dates frame the next update
ING will publish its third-quarter 2026 results on October 29, 2026 at 7:00 a.m. CET, followed by an analyst call at 9:00 a.m. CET. The same investor calendar identifies second-quarter 2026 results as published on July 30, 2026. A later calendar listing gives January 28, 2027 for fourth-quarter 2026 results, according to Simply Wall St.
Banking peers provide a mixed frame
ABN AMRO traded at EUR 40.62 on October 20, 2026, up 0.79 percent from its prior close, with a price-to-earnings ratio of 14.06 and a market capitalization of EUR 33.1 billion. BNP Paribas traded at EUR 87.37, up 0.05 percent, with a price-to-earnings ratio of 7.53 and a market capitalization of EUR 95.8 billion.
ING Groep stock stays below the target
The current quotation leaves the stock 21.28 percent below Keefe Bruyette's EUR 37.50 target. The next material company date is the third-quarter release on October 29, 2026.
The stock was trading at EUR 29.52 at Lang & Schwarz on October 20, 2026 at 4:33 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of ING Groep stock.
ING Groep stock at a glance
- Company: ING Groep N.V.
- ISIN: NL0011821202
- Ticker: ING
- Primary exchange: Euronext Amsterdam
- Price Lang & Schwarz (as of October 20, 2026, 4:33 p.m. CEST): EUR 29.52
- Sector / Industry: Financial Services / Banks - Diversified
Market context: Market report AEX.
