ABN AMRO Bank (OTCMKTS:AAVMY) Given Average Rating of “Buy” by Brokerages

Shares of ABN AMRO Bank (OTCMKTS:AAVMY) have been assigned a consensus rating of “Buy” from the nine analysts that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation, seven have given a buy recommendation and one has issued a strong buy recommendation on the company.

AAVMY has been the subject of several research reports. Zacks Research upgraded shares of ABN AMRO Bank from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Morgan Stanley reiterated an “overweight” rating on shares of ABN AMRO Bank in a research note on Thursday, May 14th. ABN Amro raised shares of ABN AMRO Bank from a “neutral” rating to a “buy” rating in a research note on Tuesday, June 2nd. Citigroup reaffirmed a “buy” rating on shares of ABN AMRO Bank in a research note on Monday, May 18th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of ABN AMRO Bank in a report on Friday.

ABN AMRO Bank Trading Down 0.7%

OTCMKTS AAVMY opened at $44.00 on Friday. ABN AMRO Bank has a 12 month low of $27.16 and a 12 month high of $44.33. The stock’s 50 day moving average is $39.29 and its 200 day moving average is $36.02. The stock has a market cap of $36.22 billion and a PE ratio of 34.38.

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.