ABN AMRO Bank (OTCMKTS:AAVMY – Get Free Report) is expected to announce its resultson Wednesday, August 12th. Analysts expect the company to announce earnings of $0.90 per share and revenue of $2.6693 billion for the quarter.
ABN AMRO Bank Trading Up 1.2%
OTCMKTS AAVMY opened at $46.04 on Wednesday. The business’s 50-day moving average price is $42.13 and its 200 day moving average price is $37.23. ABN AMRO Bank has a twelve month low of $27.16 and a twelve month high of $46.21. The company has a market capitalization of $37.90 billion and a PE ratio of 15.61.
Analysts Set New Price Targets
AAVMY has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of ABN AMRO Bank in a research report on Friday, July 17th. Zacks Research raised shares of ABN AMRO Bank from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Citigroup reaffirmed a “buy” rating on shares of ABN AMRO Bank in a research note on Wednesday, July 22nd. ABN Amro upgraded shares of ABN AMRO Bank from a “neutral” rating to a “buy” rating in a report on Tuesday, June 2nd. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of ABN AMRO Bank in a research note on Friday, July 3rd. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, ABN AMRO Bank presently has an average rating of “Buy”.
About ABN AMRO Bank
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.
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