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

ABN AMRO Bank (OTCMKTS:AAVMY) has earned an average recommendation of “Buy” from the nine ratings firms that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company.

Several equities analysts recently weighed in on AAVMY shares. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of ABN AMRO Bank in a research note on Friday, July 3rd. 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 report on Tuesday, June 2nd. Citigroup restated a “buy” rating on shares of ABN AMRO Bank in a research report on Monday, May 18th. Finally, Zacks Research raised ABN AMRO Bank from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th.

ABN AMRO Bank Stock Performance

Shares of ABN AMRO Bank stock traded down $0.10 on Friday, hitting $43.53. 8,107 shares of the company traded hands, compared to its average volume of 22,419. The stock has a market capitalization of $35.83 billion and a P/E ratio of 14.76. ABN AMRO Bank has a 52 week low of $27.16 and a 52 week high of $44.33. The business has a 50-day simple moving average of $39.85 and a 200 day simple moving average of $36.20.

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.