Zacks Research Upgrades ABN AMRO Bank (OTCMKTS:AAVMY) to “Strong-Buy”

ABN AMRO Bank (OTCMKTS:AAVMYGet Free Report) was upgraded by research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Tuesday,Zacks.com reports.

Several other research firms have also recently weighed in on AAVMY. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of ABN AMRO Bank in a research report on Thursday, May 14th. Morgan Stanley reissued an “overweight” rating on shares of ABN AMRO Bank in a report on Thursday, May 14th. Citigroup restated a “buy” rating on shares of ABN AMRO Bank in a research report on Monday, May 18th. Finally, ABN Amro raised shares of ABN AMRO Bank from a “neutral” rating to a “buy” rating in a report on Tuesday, June 2nd. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy”.

Check Out Our Latest Stock Report on AAVMY

ABN AMRO Bank Stock Performance

OTCMKTS:AAVMY opened at $42.19 on Tuesday. The stock has a fifty day moving average price of $38.59 and a 200-day moving average price of $35.76. The company has a market cap of $34.72 billion and a price-to-earnings ratio of 32.96. ABN AMRO Bank has a fifty-two week low of $27.16 and a fifty-two week high of $43.89.

ABN AMRO Bank (OTCMKTS:AAVMYGet Free Report) last released its earnings results on Monday, June 15th. The company reported $999.00 earnings per share (EPS) for the quarter.

About ABN AMRO Bank

(Get Free Report)

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.

Further Reading

Analyst Recommendations for ABN AMRO Bank (OTCMKTS:AAVMY)

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