ABN Amro: UBS reduces target price
(CercleFinance.com) - UBS confirms its 'buy' recommendation on ABN Amro shares, but reduces its target price for them from E19.
5 to E18.1, a new target that leaves 17% upside potential for the Dutch financial institution's stock.
Ahead of its Q3 results, the broker says it is making double-digit EPS revisions for 2025 and beyond, due to lower interest rates, higher costs and recent AT1 issues.
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