ABN Amro: UBS raises its price target


(CercleFinance.com) – UBS reiterates its ‘neutral’ recommendation on ABN Amro with a price target raised from 10.4 to 11 euros, a new target leaving a potential upside of 5% for the title of the Dutch financial institution .

‘Prospects for net interest income and operating leverage lead to large increases in EPS’, indicates the broker in the summary of its research note, judging nevertheless ‘still too early to become more constructive’ on the file.

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