ABN AMRO Bank (OTCMKTS:AAVMY) Reaches New 1-Year High – Should You Buy?

Shares of ABN AMRO Bank (OTCMKTS:AAVMY – Get Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as $46.21 and last traded at $46.0431, with a volume of 20909 shares. The stock had previously closed at $45.51.

Analysts Set New Price Targets

AAVMY has been the subject of several research reports. Royal Bank Of Canada reissued an “outperform” rating on shares of ABN AMRO Bank in a research report on Friday, July 3rd. Morgan Stanley reiterated an “overweight” rating on shares of ABN AMRO Bank in a report on Thursday, May 14th. Citigroup reissued a “buy” rating on shares of ABN AMRO Bank in a research note on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of ABN AMRO Bank in a report on Friday, July 17th. Finally, ABN Amro raised ABN AMRO Bank from a “neutral” rating to a “buy” rating in a research report on Tuesday, June 2nd. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, ABN AMRO Bank currently has a consensus rating of “Buy”.

Get ABN AMRO Bank alerts:

Read Our Latest Research Report on ABN AMRO Bank

ABN AMRO Bank Price Performance

The firm has a 50-day simple moving average of $42.41 and a 200-day simple moving average of $37.37. The firm has a market cap of $37.73 billion and a P/E ratio of 15.54. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 2.95.

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.

See Also

• Five stocks we like better than ABN AMRO Bank
• One Comment on CVS’s Earnings Call Sent the Stock Tumbling
• Sandisk Just Delivered a Blowout Quarter—Here’s Why the Stock Is Falling
• 4 Oil and Gas ETF Plays as Prices Stay Sky-High
• What Tesla Stands to Lose If It Walks Away From China

Receive News & Ratings for ABN AMRO Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ABN AMRO Bank and related companies with MarketBeat.com's FREE daily email newsletter.