AlphaValue ups ING to "reduce" as higher interest rates boost revenue estimates

ING Groep

18/06/2026 08:47

** AlphaValue upgrades ING INGA.AS to "reduce" from "sell," expecting the Dutch lender's revenue to improve as central banks begin to increase interest rates
** ECB rate hikes and expectations of further monetary tightening support ING’s NII outlook in retail banking, while higher revenues from daily banking and trade finance underpin the wholesale performance, the broker says
** It raises its EPS forecasts by 25% for both 2026 and 2027, setting its PT to €28.2 ($32.5) per share on a six-month horizon
** Out of 20 analysts that cover ING, 13 rate the stock "strong buy" or "buy" and ​seven rate it "hold" - LSEG data

($1 = 0.8686 euros)

 (Reporting by Jakob Van Calster)
 ((jakob.vancalster@thomsonreuters.com))