Research Disclosures & Disclaimers

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ING (INGA.AS)*

UBS Rating and Price Target History Chart

Line chart explaining Price target vs Stock Price is described in below table

EQ Rating & Price Target Table

Date	Stock Price (€)	Price Target (€)	Rating
2022-04-11	9.46	15.30	Buy
2022-05-06	8.70	15.90	Buy
2022-06-14	9.62	16.00	Buy
2022-07-12	9.25	14.50	Buy
2022-08-12	9.49	14.70	Buy
2022-09-13	9.57	15.00	Buy
2022-11-04	10.94	15.80	Buy
2023-01-12	12.50	16.70	Buy
2023-02-02	12.70	17.00	Buy
2023-04-12	11.53	16.60	Buy
2023-05-11	11.50	16.80	Buy
2023-07-10	12.30	16.90	Buy
2023-08-09	12.97	17.60	Buy
2023-10-09	12.52	17.80	Buy
2023-11-02	11.79	17.60	Buy
2023-12-12	13.62	17.10	Buy
2024-02-01	12.34	16.30	Buy
2024-03-18	14.29	17.00	Buy
2024-04-09	15.64	17.80	Buy
2024-05-02	15.81	17.40	Buy
2024-06-06	16.34	18.30	Buy
2024-06-18	15.77	19.80	Buy
2024-07-09	16.56	20.00	Buy
2024-08-01	16.10	21.00	Buy
2024-10-08	16.05	20.80	Buy
2024-10-31	15.67	20.60	Buy
2024-11-27	14.47	21.00	Buy
2025-04-15	16.46	20.50	Buy
2025-05-02	18.27	21.50	Buy
2025-07-07	19.18	22.50	Buy

Disclosures

UBS has acted as manager/co-manager in the underwriting or placement of securities of this company/entity or one of its affiliates within the past 12 months.
Within the past 12 months, UBS has received compensation for investment banking services from this company/entity or one of its affiliates.
UBS expects to receive or intend to seek compensation for investment banking services from this company/entity within the next three months.
This company/entity is, or within the past 12 months has been, a client of UBS Securities LLC, and non-investment banking securities-related services are being, or have been, provided.
This company/entity is, or within the past 12 months has been, a client of UBS Securities LLC, and non-securities services are being, or have been, provided.
Within the past 12 months, UBS has received compensation for products and services other than investment banking services from this company/entity.
UBS Securities LLC makes a market in the securities and/or ADRs of this company.
UBS holds a long or short position of 0.5% or more of the listed shares of this company.

Note : Historical Price Targets have been adjusted to account for any stock splits, rights issues and/or dividends which may have occurred for this security. Not Priced: Stock was not priced on the given date. No Rating: Issuer was not rated by UBS on the given day. No Price Target: For this issuer no Price Target was set by UBS on the given day. Issuers with an EQ Rating & Price Target Table are covered by UBS-IB Equity Research Analysts. Issuers without an EQ Rating & Price Target Table are not single stock covered.

* Issuers marked with an asterisk are covered by UBS-IB Equity Research Analysts. Issuers without an asterisk are not single stock covered.