ABN AMRO Bank (OTCMKTS:AAVMY – Get Rating) has received an average rating of “Hold” from the thirteen research firms that are currently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $13.31.
AAVMY has been the subject of several analyst reports. Morgan Stanley lifted their price objective on shares of ABN AMRO Bank from €13.70 ($14.73) to €15.50 ($16.67) and gave the company an “equal weight” rating in a research note on Friday, November 11th. UBS Group lifted their price objective on shares of ABN AMRO Bank from €11.00 ($11.83) to €11.50 ($12.37) in a research note on Monday, November 14th. The Goldman Sachs Group raised shares of ABN AMRO Bank from a “neutral” rating to a “buy” rating in a research note on Friday, September 30th. Barclays dropped their target price on shares of ABN AMRO Bank from €16.00 ($17.20) to €15.00 ($16.13) and set an “overweight” rating on the stock in a report on Wednesday, November 2nd. Finally, JPMorgan Chase & Co. lifted their target price on shares of ABN AMRO Bank from €10.40 ($11.18) to €11.00 ($11.83) in a report on Wednesday, December 7th.
ABN AMRO Bank Stock Up 1.2 %
AAVMY stock opened at $15.73 on Monday. ABN AMRO Bank has a 1 year low of $8.47 and a 1 year high of $17.52. The company has a fifty day simple moving average of $13.20 and a 200 day simple moving average of $11.01.
About ABN AMRO Bank
ABN AMRO Bank N.V. provides various banking products and services to retail, private, and business clients in the Netherlands and internationally. It operates through three segments: Personal & Business Banking, Wealth Management, and Corporate Banking. The company provides savings and deposits products; labelled residential mortgage products under the Florius brands; and consumer loans under the Alpha Credit Nederland, Credivance, Defam, Moneyou, and ABN AMRO brands.
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