ABN AMRO Bank (AAVMY) – What Are Researchers Thinking About This Stock?

ABN AMRO Bank (OTCMKTS:AAVMY) has earned a consensus rating of “Moderate Buy” from the seven research firms that are covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company.

A number of equities research analysts have issued reports on AAVMY shares. Zacks Research downgraded ABN AMRO Bank from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 26th. Royal Bank Of Canada reissued an “outperform” rating on shares of ABN AMRO Bank in a research note on Thursday, August 13th. Citigroup reissued a “buy” rating on shares of ABN AMRO Bank in a research note on Friday, September 18th. Morgan Stanley restated an “overweight” rating on shares of ABN AMRO Bank in a report on Wednesday, September 2nd. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of ABN AMRO Bank in a research report on Thursday, August 13th.

ABN AMRO Bank Stock Down 1.4%

OTCMKTS:AAVMY opened at $45.27 on Friday. ABN AMRO Bank has a 52 week low of $30.01 and a 52 week high of $50.63. The firm has a market capitalization of $37.13 billion and a PE ratio of 13.97. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 2.97. The stock has a 50 day moving average of $47.28 and a 200-day moving average of $40.61.

ABN AMRO Bank (OTCMKTS:AAVMY) last posted its quarterly earnings results on Wednesday, August 12th. The company reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.13. ABN AMRO Bank had a return on equity of 9.12% and a net margin of 14.22%. The business had revenue of $2.80 billion for the quarter, compared to analysts’ expectations of $2.67 billion. Analysts predict that ABN AMRO Bank will post 3.63 EPS for the current year.

ABN AMRO Bank Company Profile

ABN AMRO Bank N.V. is a Dutch financial services company headquartered in Amsterdam. The modern bank was formed in 1991 through the merger of Algemene Bank Nederland and Amsterdam-Rotterdam Bank, combining institutions with longer histories in Dutch banking.

The bank serves retail, private and business clients, with the Netherlands as its primary market and additional activities in selected international markets. Its services include everyday banking and payments, savings, mortgages, consumer and business lending, wealth management, and financial services for corporate clients.

ABN AMRO operates through businesses focused on personal and business banking, wealth management, and corporate banking.