ABN AMRO Bank (OTCMKTS:AAVMY) Receives Average Rating of “Hold” from Analysts

Shares of ABN AMRO Bank (OTCMKTS:AAVMY) have received a consensus rating of “Hold” from the eleven research firms that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $11.05.

AAVMY has been the topic of a number of analyst reports. HSBC cut ABN AMRO Bank from a “buy” rating to a “hold” rating in a research report on Friday, May 28th. Barclays reaffirmed an “overweight” rating on shares of ABN AMRO Bank in a research report on Thursday, May 13th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of ABN AMRO Bank in a research note on Wednesday, April 21st. Exane BNP Paribas raised ABN AMRO Bank from a “neutral” rating to an “outperform” rating in a research note on Wednesday, March 31st. Finally, Morgan Stanley reissued an “underweight” rating on shares of ABN AMRO Bank in a research note on Tuesday, April 20th.

Shares of AAVMY stock traded up $0.55 during trading hours on Thursday, reaching $11.37. 33,763 shares of the company traded hands, compared to its average volume of 26,094. ABN AMRO Bank has a 12-month low of $7.75 and a 12-month high of $13.83. The stock’s 50-day moving average price is $12.55.

About ABN AMRO Bank

ABN AMRO Bank N.V. provides various banking products and services in the Netherlands and internationally. It operates through Retail Banking, Commercial Banking, Private Banking, and Corporate & Institutional Banking segments. The Retail Banking segment offers banking products and services, including labelled residential mortgage products under the Florius brands; and consumer loans under the Alpha Credit Nederland, Credivance, Defam, and GreenLoans, Moneyou, and ABN AMRO brands.

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Analyst Recommendations for ABN AMRO Bank (OTCMKTS:AAVMY)

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