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ABN AMRO Bank (OTCMKTS:AAVMY) Price Target Raised to €14.50 at Credit Suisse Group

Defense World ·  Nov 15, 2022 16:12

ABN AMRO Bank (OTCMKTS:AAVMY – Get Rating) had its price objective raised by Credit Suisse Group from €13.00 ($13.40) to €14.50 ($14.95) in a research report released on Friday morning, The Fly reports.

AAVMY has been the topic of a number of other research reports. The Goldman Sachs Group upgraded shares of ABN AMRO Bank from a neutral rating to a buy rating in a report on Friday, September 30th. Royal Bank of Canada increased their price target on shares of ABN AMRO Bank from €12.25 ($12.63) to €13.00 ($13.40) in a report on Friday. JPMorgan Chase & Co. cut their price target on shares of ABN AMRO Bank from €11.10 ($11.44) to €10.00 ($10.31) and set an underweight rating on the stock in a report on Thursday, October 13th. Morgan Stanley increased their price target on shares of ABN AMRO Bank from €13.70 ($14.12) to €15.50 ($15.98) and gave the company an equal weight rating in a report on Friday. Finally, Barclays cut their price target on shares of ABN AMRO Bank from €16.00 ($16.49) to €15.00 ($15.46) and set an overweight rating on the stock in a report on Wednesday, November 2nd. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of Hold and an average target price of $13.00.

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ABN AMRO Bank Stock Performance

Shares of AAVMY opened at $11.52 on Friday. ABN AMRO Bank has a fifty-two week low of $8.47 and a fifty-two week high of $17.52. The firm's 50-day simple moving average is $9.70 and its two-hundred day simple moving average is $10.44.

About ABN AMRO Bank

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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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