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home / news releases / abn amro maintaining a long term positive outlook af

AAVMY - ABN AMRO: Maintaining A Long-Term Positive Outlook After The Investor Update

ABN AMRO Bank N.V. - ADR
  • ABN AMRO's guidance for 2021 was surprisingly weak, and it looks like investors may have to wait longer for the profitability to return.
  • ABN isn't ruling out paying the 0.68 EUR final dividend for FY 2019 in 2021, but has not guaranteed payment.
  • The 2024 targets make ABN attractive. Should the targets be met, ABN is now trading at just over 5X its 2024 earnings.
  • I remain invested in ABN AMRO but I'm in no rush to pick up more stock.

For further details see:

ABN AMRO: Maintaining A Long-Term Positive Outlook After The Investor Update
Stock Information
Company Name: ABN AMRO Bank N.V. - ADR
Stock Symbol: AAVMY
Market: OTC
Website: rritual.com
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