ABN AMRO Bank (OTCMKTS:AAVMY) Upgraded to “Strong-Buy” at Zacks Research

ABN AMRO Bank (OTCMKTS:AAVMYGet Free Report) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued on Tuesday,Zacks.com reports.

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

Read Our Latest Research Report on ABN AMRO Bank

ABN AMRO Bank Price Performance

ABN AMRO Bank stock opened at $42.19 on Tuesday. ABN AMRO Bank has a 1 year low of $27.16 and a 1 year high of $43.89. The firm’s 50 day moving average price is $38.59 and its 200-day moving average price is $35.76. The stock has a market cap of $34.72 billion and a P/E ratio of 32.96.

ABN AMRO Bank (OTCMKTS:AAVMYGet Free Report) last posted its earnings results on Monday, June 15th. The company reported $999.00 earnings per share 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.

Further Reading

Analyst Recommendations for ABN AMRO Bank (OTCMKTS:AAVMY)

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