ABN AMRO Bank (OTCMKTS:AAVMY – Get Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $49.0310 and last traded at $49.0310, with a volume of 234 shares trading hands. The stock had previously closed at $48.39.
Analysts Set New Price Targets
A number of equities research analysts recently weighed in on the stock. Citigroup reiterated a “buy” rating on shares of ABN AMRO Bank in a research note on Thursday, August 13th. Royal Bank Of Canada reissued an “outperform” rating on shares of ABN AMRO Bank in a research note on Thursday, August 13th. 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. ABN Amro raised ABN AMRO Bank from a “neutral” rating to a “buy” rating in a report on Tuesday, June 2nd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of ABN AMRO Bank in a research report on Thursday, August 13th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, ABN AMRO Bank has an average rating of “Buy”.
Read Our Latest Research Report on AAVMY
ABN AMRO Bank Stock Up 2.3%
ABN AMRO Bank (OTCMKTS:AAVMY – Get Free Report) last released its earnings results on Wednesday, August 12th. The company reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.92 by $0.13. ABN AMRO Bank had a return on equity of 9.16% and a net margin of 14.22%.The firm had revenue of $2.80 billion for the quarter, compared to analyst estimates of $2.67 billion. Research analysts expect that ABN AMRO Bank will post 3.42 earnings per share for the current fiscal year.
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.
Featured Stories
- Five stocks we like better than ABN AMRO Bank
- GitLab’s Earnings Beat Just Gave Software Bulls a New SaaSpocalypse Test
- Strategic Strike: Strategy Deploys $370M to Fortify Bitcoin
- Lilly’s Merida Deal Shows the GLP-1 King Is Already Thinking Beyond Obesity
- From High Dividend Growth to High Yield, These 3 Stocks Just Boosted Dividend Payouts
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.
