Poultry giant ING has struggled to take make any meaningful headway since listing back in 2016, recently the company has been weighed down by supply chain problems, COVID-absenteeism, weather, and input cost inflation however we believe the worst of these headwinds could be behind ING and at least a decent bounce could be unfolding.
- We like the current short-term risk/reward for ING initially targeting a test of $3.