ING Group Stock Recommendations and Price Targets

This is a list of recent ratings by ING Group.

Date	Company Name	Action	Current Price	Price Target	Rating	Impact on Share Price
8/22/2023	JDEPF JDE Peet's	Downgrade	$28.00		Buy ➝ Hold	Low
6/15/2023	PSTNY PostNL	Upgrade	$2.00		Hold ➝ Buy	Low
5/30/2023	EXXRF Exor	Initiated Coverage	$90.00		Buy	Low
5/3/2023	AGESY ageas SA/NV	Upgrade	$42.00		Hold ➝ Buy	Low
3/23/2023	AKZOY Akzo Nobel	Downgrade	$24.00		Buy ➝ Hold	Low
10/20/2022	RRR Red Rock Resorts	Initiated Coverage	$43.00	$44.00	Hold	Low
10/13/2022	TNTFF PostNL	Downgrade	$2.00		Buy ➝ Hold	Low
9/8/2022	PUBGY Publicis Groupe	Initiated Coverage	$19.00		Buy ➝ Neutral	Low
9/8/2022	IPG Interpublic Group of Companies	Initiated Coverage	$29.00		Neutral ➝ Buy	Low
9/8/2022	WPP WPP	Initiated Coverage	$46.00		Neutral ➝ Buy	Low
9/8/2022	OMC Omnicom Group	Initiated Coverage	$75.00		Neutral ➝ Buy	Low
8/24/2022	MBNKF Metro Bank	Upgrade	$1.00		Hold ➝ Buy	Low
8/2/2022	MRRLF Marel hf.	Downgrade	$3.00		Buy ➝ Hold	N/A
7/12/2022	SHEL Shell	Upgrade	$64.00		Hold ➝ Buy	N/A
7/6/2022	IOBCF Ion Beam Applications	Upgrade	$11.00		Sell ➝ Hold	N/A
7/1/2022	XIORF Xior Student Housing	Upgrade	$28.00	$51.00 ➝ $57.00	Hold ➝ Buy	Low
6/10/2022	AGESY ageas SA/NV	Initiated Coverage	$42.00		Hold	High
3/10/2022	IMDZF IMCD	Upgrade	$128.00		Hold ➝ Buy	Low
2/8/2022	CCEP Coca-Cola Europacific Partners	Initiated Coverage	$63.00	$71.05	Buy	Low
2/4/2022	BPOSY bpost NV/SA	Downgrade	$5.00		Buy ➝ Hold	Low
1/21/2022	PHG Koninklijke Philips	Downgrade	$21.00		Buy ➝ Hold	Low
12/9/2021	WRDEF Wereldhave	Initiated Coverage	$12.00		Hold	Low
10/22/2021	EURN Euronav	Upgrade	$17.00		Hold ➝ Buy	Low
9/15/2021	RDSMY Koninklijke DSM	Upgrade	$34.00		Sell ➝ Buy	Low
8/31/2021	PHG Koninklijke Philips	Upgrade	$21.00		Hold ➝ Buy	Low
5/5/2021	SFFYF Signify	Upgrade	$26.00		Hold ➝ Buy	Low
4/12/2021	EURN Euronav	Downgrade	$17.00		Buy ➝ Hold	High
3/30/2021	MITPF Mithra Pharmaceuticals	Initiated Coverage	$7.00		Hold ➝ Buy	Low
1/26/2021	OCINF OCI	Initiated Coverage	$28.00		Buy	Low
1/25/2021	BSFFF Basic-Fit	Downgrade	$29.00		Buy ➝ Hold	Low
1/12/2021	HEINY Heineken	Downgrade	$47.00		Hold ➝ Sell	Low
1/8/2021	KKWFF Royal Boskalis Westminster	Upgrade	$32.00		Hold ➝ Buy	Low
12/15/2020	BPOSY bpost NV/SA	Upgrade	$5.00		Hold ➝ Buy	Low
12/9/2020	PROSY Prosus	Initiated Coverage	$13.00		Buy	Low
11/30/2020	RANJY Randstad	Upgrade	$28.00		Hold ➝ Buy	Medium
10/22/2020	BCNAF Barco	Downgrade	$23.00		Buy ➝ Hold	Low