ABN AMRO Bank (AAVMY) – What Are Analysts Saying About This Stock?

Shares of ABN AMRO Bank (OTCMKTS:AAVMY) have been given an average rating of “Moderate Buy” by the seven analysts that are presently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company.

Several research analysts have commented on the stock. Zacks Research downgraded shares of ABN AMRO Bank from a “strong-buy” rating to a “hold” rating in a report on Monday, October 26th. Deutsche Bank reaffirmed a “hold” rating on shares of ABN AMRO Bank in a report on Thursday, August 13th. Citigroup reiterated a “buy” rating on shares of ABN AMRO Bank in a research report on Friday, September 18th. Morgan Stanley reissued an “overweight” rating on shares of ABN AMRO Bank in a research note on Wednesday, September 2nd. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of ABN AMRO Bank in a report on Thursday, August 13th.

ABN AMRO Bank Stock Performance

AAVMY opened at $47.48 on Friday. The stock has a market capitalization of $38.95 billion and a price-to-earnings ratio of 14.65. The company has a fifty day moving average of $47.28 and a 200 day moving average of $40.79. ABN AMRO Bank has a fifty-two week low of $30.01 and a fifty-two week high of $50.63. The company has a debt-to-equity ratio of 2.97, a quick ratio of 1.14 and a current ratio of 1.14.

ABN AMRO Bank (OTCMKTS:AAVMY) last announced its quarterly earnings results on Wednesday, November 11th. The company reported $1.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.24. The company had revenue of $2.95 billion for the quarter, compared to the consensus estimate of $2.80 billion. ABN AMRO Bank had a net margin of 14.22% and a return on equity of 9.12%. As a group, sell-side analysts forecast that ABN AMRO Bank will post 3.63 earnings per share for the current fiscal year.

ABN AMRO Bank Company Profile

ABN AMRO Bank N.V. is a Dutch financial services company headquartered in Amsterdam. The modern bank was formed in 1991 through the merger of Algemene Bank Nederland and Amsterdam-Rotterdam Bank, combining institutions with longer histories in Dutch banking. The bank serves retail, private and business clients, with the Netherlands as its primary market and additional activities in selected international markets. Its services include everyday banking and payments, savings, mortgages, consumer and business lending, wealth management, and financial services for corporate clients.