ING Groep N.V. (ING): Today's Featured Insurance Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Insurance industry lower today making it today's featured Insurance laggard. The industry as a whole closed the day down 0.7%. By the end of trading, ING Groep N.V fell $0.25 (-2.2%) to $10.87 on average volume. Throughout the day, 2,510,722 shares of ING Groep N.V exchanged hands as compared to its average daily volume of 2,802,100 shares. The stock ranged in price between $10.79-$10.96 after having opened the day at $10.96 as compared to the previous trading day's close of $11.12. Other companies within the Insurance industry that declined today were:
(
), down 5.4%,
Fortegra Financial
(
FRF
), down 3.3%,
(
TheStreet Recommends
), down 3.2% and
State Auto Financial Corporation
(
), down 3.2%.
ING Groep N.V., a financial services company, provides banking, investment, life insurance, and retirement services. ING Groep N.V has a market cap of $42.7 billion and is part of the financial sector. Shares are up 17.4% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate ING Groep N.V a buy, no analysts rate it a sell, and none rate it a hold.
TheStreet Ratings rates
ING Groep N.V
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, disappointing return on equity and weak operating cash flow.
- You can view the full ING Groep N.V Ratings Report.
On the positive front,
(
), up 12.6%,
(
), up 7.8%,
(
), up 3.9% and
(
), up 2.3% , were all gainers within the insurance industry with
(
) being today's featured insurance industry leader.
- Use our insurance section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the insurance industry could consider
(
) while those bearish on the insurance industry could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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