ABN AMRO : A lack of catalysts
>Neutral recommendation maintained, target price of € 28.40 vs € 26 - Following a change in analyst covering the stock, we reiterate our Neutral recommendation and have a revised target price of € 28.40 vs € 26. We think that the stock is lacking in catalysts in the short to medium term and are not expecting a significant revision to the consensus EPS forecasts. The stock is trading on 1.06x 2019e TBV for an ROTE of 11% compared with 1.1x and 10.7% for the Stoxx Banks...ABN Amro Bank NV is a bank based in the Netherlands. The Bank provides various financial products and services across a variety of channels, including its Mobile Banking app and Internet Banking. The Bank's product portfolio includes insurances, mortgages, savings, investments, loans and payments, among others. The Bank serves retail, private and corporate clients worldwide.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.