ABN AMRO Bank (OTCMKTS:AAVMY) Rating Increased to Strong-Buy at Zacks Research

Zacks Research upgraded shares of ABN AMRO Bank (OTCMKTS:AAVMYFree Report) from a hold rating to a strong-buy rating in a research report sent to investors on Tuesday,Zacks.com reports.

A number of other research firms also recently issued reports on AAVMY. Citigroup reissued a “buy” rating on shares of ABN AMRO Bank in a research report on Monday, May 18th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of ABN AMRO Bank in a research report on Thursday, May 14th. Morgan Stanley reiterated an “overweight” rating on shares of ABN AMRO Bank in a research note on Thursday, May 14th. Finally, ABN Amro raised shares of ABN AMRO Bank from a “neutral” rating to a “buy” rating in a research report on Tuesday, June 2nd. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy”.

View Our Latest Analysis on AAVMY

ABN AMRO Bank Stock Down 0.6%

AAVMY stock opened at $42.19 on Tuesday. The business has a fifty day simple moving average of $38.59 and a 200-day simple moving average of $35.76. ABN AMRO Bank has a 52 week low of $27.16 and a 52 week high of $43.89. The company has a market cap of $34.72 billion and a price-to-earnings ratio of 32.96.

ABN AMRO Bank (OTCMKTS:AAVMYGet Free Report) last announced its quarterly earnings results on Monday, June 15th. The company reported $999.00 EPS for the quarter.

About ABN AMRO Bank

(Get Free Report)

ABN AMRO Bank N.V. is a leading Dutch banking institution headquartered in Amsterdam. The bank traces its origins to the 1991 merger of Algemene Bank Nederland and AMRO Bank, forming one of the Netherlands’ largest financial services providers. Over the decades, ABN AMRO has developed a comprehensive portfolio of banking and financial solutions, positioning itself as a key player in both domestic and international markets.

The bank operates across several core segments, including retail banking, private banking, commercial banking, and corporate & institutional banking.

Recommended Stories

Analyst Recommendations for ABN AMRO Bank (OTCMKTS:AAVMY)

Receive News & Ratings for ABN AMRO Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ABN AMRO Bank and related companies with MarketBeat.com's FREE daily email newsletter.