ABN AMRO Bank (OTCMKTS:AAVMY) Given Consensus Recommendation of “Buy” by Analysts

Shares of ABN AMRO Bank (OTCMKTS:AAVMY) have earned a consensus recommendation of “Buy” from the eight analysts that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation, six have issued a buy recommendation and one has issued a strong buy recommendation on the company.

Several research analysts have commented on AAVMY shares. Citigroup reiterated a “buy” rating on shares of ABN AMRO Bank in a report on Thursday, August 13th. ABN Amro upgraded shares of ABN AMRO Bank from a “neutral” rating to a “buy” rating in a report on Tuesday, June 2nd. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of ABN AMRO Bank in a research report on Thursday, August 13th. 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. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of ABN AMRO Bank in a research report on Thursday, August 13th.

ABN AMRO Bank Stock Performance

Shares of OTCMKTS AAVMY opened at $48.17 on Monday. ABN AMRO Bank has a 12 month low of $28.46 and a 12 month high of $48.66. The company has a market cap of $39.51 billion and a price-to-earnings ratio of 14.87. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 2.95. The business has a fifty day simple moving average of $44.78 and a 200-day simple moving average of $38.59.

ABN AMRO Bank (OTCMKTS:AAVMY) last issued its quarterly earnings results on Wednesday, August 12th. The company reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.92 by $0.13. The firm had revenue of $2.80 billion for the quarter, compared to analysts’ expectations of $2.67 billion. ABN AMRO Bank had a return on equity of 9.16% and a net margin of 14.22%. Sell-side analysts predict that ABN AMRO Bank will post 3.42 EPS for the current year.

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.