ABN Amro: UBS raises its price target

(CercleFinance.com) - UBS reiterates its buy recommendation on the stock, with a price target raised to E17.
9 (from E17.7), representing a 15% upside potential.

'ABN will publish its fourth-quarter 2024 results on February 12. We expect pre-tax earnings of 638 million euros, with an increase in asset quality. Forecasts for 2025 and capital outlook will be priority areas' says UBS.

'The resilient Dutch economy and buoyant real estate market continued to underpin our performance', stressed CEO Robert Swaak.

Copyright (c) 2025 CercleFinance.com. All rights reserved.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.