Analyst Views And Outlook On Two Stocks: NIKE, Inc. (NKE), ING Groep N.V. (ING)

NIKE, Inc. (NYSE:NKE) recorded a trading volume of 8.5 million shares, below its 90-day volume average of 9.99 million shares. The stock kicked off the session at $59.18 and later approached $59.07 with a change of -0.54%.

NIKE, Inc. (NKE) Analyst Opinion

NIKE, Inc. has a consensus outperform rating from 37 Wall Street analysts, and the number of shares currently sold short amount to at least 2.59% of shares outstanding. The stock spiked 10.58% last month and is up 16.21 this year. Wall Street is only getting more bullish on the stock, with 19 of analysts who cover NKE having a buy-equivalent rating. Analysts have placed a $59 price target on NIKE, Inc., suggesting a -0.12% decline from recent close. It’s currently trading about -2.41% below its 52-week high.

NIKE, Inc. Earnings Surprise

NIKE, Inc. (NKE) surprised the stock market in its last reported earnings when it earned $0.57 a piece versus the consensus-estimated $0.48. Its revenue totaled $9.08 billion up 4.7% from the previous quarter.

NIKE, Inc. (NYSE:NKE) Intraday View

This stock (NKE) is ahead of its 52-week low with 18%. Its last month’s stock price volatility remained 1.52% which for the week stands at 1.9%. The share price has moved forward from its 20 days moving average, trading at a distance of 4.86% and stays 9.27% away from its 50 days moving average. Over the last five days, shares have managed 4.31% gains and now is up 6.97% since hitting its 200-day moving average of $54.84. NIKE, Inc. (NKE) has made its way to a 12-month gain of 14.23%.

Turning to ING Groep N.V. (NYSE:ING), its shares were trading at $17.91 a gain of $0.12, on the trading floor. The stock, after opening at $17.96, touched a high of $18.005 before paring much of its gains. So far, analysts are sticking with their bullish recommendations with the consensus call at 1. ING Groep N.V. has 1 buy ratings, 0 holds and 0 sells even after the stock tumbled -5.79% from its high of $19.01 to a $69.57 billion market value through last close.

ING Groep N.V. (ING) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 1 to 1 during a month. Analysts set a 12-month price target of $21.6 a share. The target implies a 20.6% spike from where the shares are currently trading. Also, the current price highlights a discount of 29.37% to analysts’ high consensus price target.

ING Groep N.V. (NYSE:ING) Intraday Trading

The counter witnessed a trading volume of 1.8 million shares versus an average volume of 2.3 million shares during last trading session. Its last month’s stock price volatility remained 0.84% which for the week approaches 0.9%. The lowest price the stock reached in the last trading day was $17.86 and compares with the $13.16 52-week low. The stock recovered 36.09% since its low point and has performed 27.02% year-to-date.

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