ABN AMRO Bank (AAVMY) - What Are Analysts Saying About This Stock?

Key Points

• Analyst sentiment is bullish: Seven analysts give ABN AMRO Bank a consensus “Buy” rating, including five buys, one strong buy and one hold. Recent coverage includes upgrades or reaffirmations from Zacks Research, Morgan Stanley, Citigroup and Royal Bank of Canada.
• Quarterly results exceeded expectations: The bank reported earnings per share of $1.05 versus the $0.92 consensus estimate, while revenue of $2.80 billion topped expectations of $2.67 billion.
• Shares are trading near recent highs: AAVMY opened at $45.27, compared with a 12-month range of $28.46 to $50.63; the company has a $37.13 billion market capitalization and a P/E ratio of 13.97.

Shares of ABN AMRO Bank (OTCMKTS:AAVMY - Get Free Report) have received a consensus recommendation of "Buy" from the seven analysts that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating on the company.

Several research analysts recently weighed in on AAVMY shares. Zacks Research upgraded ABN AMRO Bank from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, June 30th. Morgan Stanley reissued an "overweight" rating on shares of ABN AMRO Bank in a research note on Wednesday, September 2nd. Citigroup restated a "buy" rating on shares of ABN AMRO Bank in a research report on Friday, September 18th. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of ABN AMRO Bank in a research report on Thursday, August 13th. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating on shares of ABN AMRO Bank in a research note on Thursday, August 13th.

ABN AMRO Bank Price Performance

Shares of AAVMY stock opened at $45.27 on Tuesday. The company has a debt-to-equity ratio of 2.97, a current ratio of 1.14 and a quick ratio of 1.14. The firm's 50-day moving average is $48.19 and its two-hundred day moving average is $42.06. ABN AMRO Bank has a 12 month low of $28.46 and a 12 month high of $50.63. The company has a market capitalization of $37.13 billion and a PE ratio of 13.97.

ABN AMRO Bank (OTCMKTS:AAVMY - Get Free Report) last posted its quarterly earnings results on Wednesday, August 12th. The company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.13. The business had revenue of $2.80 billion during the quarter, compared to analysts' expectations of $2.67 billion. ABN AMRO Bank had a net margin of 14.22% and a return on equity of 9.12%. Analysts predict that ABN AMRO Bank will post 3.63 earnings per share for the current year.

About ABN AMRO Bank

ABN AMRO Bank N.V. is a Dutch financial services company headquartered in Amsterdam. The bank provides retail, private and corporate banking services, with the Netherlands as its principal market. Its offerings include current and savings accounts, mortgages, consumer lending, payment services, business financing, cash management and other financial solutions.

Through its Wealth Management business, ABN AMRO serves affluent individuals, families and institutions with investment management, financial planning and private banking services.

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