ABN AMRO Bank (AAVMY) – What Are Brokerages Thinking About This Stock?

ABN AMRO Bank (OTCMKTS:AAVMY) has been assigned a consensus recommendation of “Buy” from the seven brokerages that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation, five have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

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

ABN AMRO Bank Price Performance

AAVMY stock opened at $45.23 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. ABN AMRO Bank has a one year low of $28.46 and a one year high of $50.63. The stock has a market cap of $37.10 billion and a PE ratio of 13.96. The firm has a 50 day simple moving average of $48.17 and a two-hundred day simple moving average of $42.37.

ABN AMRO Bank (OTCMKTS:AAVMY) last issued its quarterly earnings results on Wednesday, August 12th. The company reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.13. The firm had revenue of $2.80 billion for the quarter, compared to analyst estimates of $2.67 billion. ABN AMRO Bank had a net margin of 14.22% and a return on equity of 9.12%. On average, analysts predict that ABN AMRO Bank will post 3.63 EPS for the current fiscal year.

ABN AMRO Bank Company Profile

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.