ABN AMRO Bank (OTCMKTS:AAVMY – Get Free Report) released its quarterly earnings data on Wednesday. The company reported $0.78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.02), Zacks reports.
ABN AMRO Bank Stock Performance
Shares of AAVMY stock traded up $2.74 during trading hours on Wednesday, reaching $37.24. The company had a trading volume of 6,668 shares, compared to its average volume of 20,032. ABN AMRO Bank has a one year low of $22.97 and a one year high of $38.20. The business has a fifty day moving average price of $33.13 and a 200-day moving average price of $33.68.
Analysts Set New Price Targets
A number of analysts have recently issued reports on AAVMY shares. Jefferies Financial Group began coverage on ABN AMRO Bank in a research report on Tuesday, January 27th. They set a “buy” rating for the company. Zacks Research upgraded shares of ABN AMRO Bank to a “hold” rating in a report on Friday, April 24th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of ABN AMRO Bank in a research report on Wednesday, February 18th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, ABN AMRO Bank currently has an average rating of “Moderate Buy”.
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.
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