ABN AMRO Bank (OTCMKTS:AAVMY) Receives Consensus Recommendation of “Buy” from Analysts

ABN AMRO Bank (OTCMKTS:AAVMY) has been given a consensus rating of “Buy” by the eight analysts that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation, six have issued a buy recommendation and one has given a strong buy recommendation to the company.

A number of research firms have recently issued reports on AAVMY. Morgan Stanley reiterated an “overweight” rating on shares of ABN AMRO Bank in a research report on Thursday, May 14th. Royal Bank Of Canada reiterated an “outperform” rating on shares of ABN AMRO Bank in a research report on Friday, July 3rd. Citigroup reaffirmed a “buy” rating on shares of ABN AMRO Bank in a research note on Wednesday, July 22nd. Zacks Research raised ABN AMRO Bank from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. 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.

ABN AMRO Bank Trading Down 2.0%

Shares of AAVMY stock opened at $42.33 on Thursday. ABN AMRO Bank has a 12-month low of $27.16 and a 12-month high of $44.33. The company has a market cap of $34.84 billion and a price-to-earnings ratio of 14.35. The stock has a 50 day simple moving average of $41.66 and a 200-day simple moving average of $36.96.

ABN AMRO Bank Company Profile

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.