ABN AMRO Bank (OTCMKTS:AAVMY – Get Free Report) shares saw strong trading volume on Thursday . Approximately 60,141 shares changed hands during trading, an increase of 171% from the previous session’s volume of 22,221 shares.The stock last traded at $43.81 and had previously closed at $44.14.
Wall Street Analysts Forecast Growth
Several analysts recently commented on the stock. Zacks Research upgraded shares of ABN AMRO Bank from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. Morgan Stanley restated an “overweight” rating on shares of ABN AMRO Bank in a research report 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. Royal Bank Of Canada reiterated an “outperform” rating on shares of ABN AMRO Bank in a research report on Friday, July 3rd. Finally, Citigroup reissued a “buy” rating on shares of ABN AMRO Bank in a research note on Monday, May 18th. One 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 stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.
Get Our Latest Research Report on AAVMY
ABN AMRO Bank Trading Down 1.4%
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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