ABN AMRO Bank (OTCMKTS:AAVMY) Shares Gap Up – Here’s What Happened

ABN AMRO Bank (OTCMKTS:AAVMY)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $40.7525, but opened at $42.72. ABN AMRO Bank shares last traded at $42.84, with a volume of 1,824 shares.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on AAVMY. Citigroup restated a “buy” rating on shares of ABN AMRO Bank in a research report on Monday, May 18th. Zacks Research upgraded ABN AMRO Bank to a “hold” rating in a research report on Friday, April 24th. ABN Amro raised ABN AMRO Bank from a “neutral” rating to a “buy” rating in a research note on Tuesday, June 2nd. Royal Bank Of Canada reissued an “outperform” rating on shares of ABN AMRO Bank in a report on Thursday, May 14th. Finally, Morgan Stanley restated an “overweight” rating on shares of ABN AMRO Bank in a research note on Thursday, May 14th. Seven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

ABN AMRO Bank Stock Up 1.6%

The stock’s fifty day simple moving average is $37.25 and its 200-day simple moving average is $35.26. The company has a market capitalization of $35.43 billion and a PE ratio of 55.18.

ABN AMRO Bank (OTCMKTS:AAVMY) last announced its quarterly earnings results on Monday, June 15th. The company reported $999.00 EPS for the quarter.

ABN AMRO Bank Company Profile

ABN AMRO Bank N.V. is a leading Dutch banking institution headquartered in Amsterdam. The bank traces its origins to the 1991 merger of Algemene Bank Nederland and AMRO Bank, forming one of the Netherlands’ largest financial services providers. Over the decades, ABN AMRO has developed a comprehensive portfolio of banking and financial solutions, positioning itself as a key player in both domestic and international markets.

The bank operates across several core segments, including retail banking, private banking, commercial banking, and corporate & institutional banking.