Research Disclosures & Disclaimers

This website contains disclosures and disclaimers related to
published UBS Global Research products, including those related to
regulation, potential conflicts of interest as well as those provided
by third-party data providers describing limitations on use of their
products.

ABN AMRO (ABNd.AS)*

UBS Rating and Price Target History Chart

Line chart explaining Price target vs Stock Price is described in below table

EQ Rating & Price Target Table

Date	Stock Price (€)	Price Target (€)	Rating
2022-04-01	11.79	11.50	Neutral
2022-04-22	11.63	12.50	Neutral
2022-05-18	10.50	11.40	Neutral
2022-07-14	9.46	10.40	Neutral
2022-08-12	10.74	11.00	Neutral
2022-11-10	10.97	11.50	Neutral
2023-01-12	14.40	15.00	Neutral
2023-02-09	16.55	20.00	Buy
2023-05-10	13.79	20.70	Buy
2023-07-12	15.12	21.00	Buy
2023-11-08	11.94	19.00	Buy
2023-12-12	13.11	17.80	Buy
2024-01-17	13.10	18.00	Buy
2024-02-14	14.33	18.70	Buy
2024-03-18	15.28	19.10	Buy
2024-04-17	15.56	19.90	Buy
2024-05-15	15.67	19.20	Buy
2024-07-10	16.11	19.30	Buy
2024-08-08	15.07	19.50	Buy
2024-10-16	15.26	18.10	Buy
2024-11-14	14.87	17.70	Buy
2025-01-15	15.64	17.90	Buy
2025-02-12	17.87	19.60	Buy
2025-03-25	20.26	24.00	Buy
2025-04-17	18.01	23.50	Buy
2025-05-14	20.83	25.00	Buy
2025-05-23	22.28	26.50	Buy

Disclosures

UBS has acted as manager/co-manager in the underwriting or placement of securities of this company/entity or one of its affiliates within the past 12 months.
Within the past 12 months, UBS has received compensation for investment banking services from this company/entity or one of its affiliates.
UBS expects to receive or intend to seek compensation for investment banking services from this company/entity within the next three months.
This company/entity is, or within the past 12 months has been, a client of UBS Securities LLC, and non-investment banking securities-related services are being, or have been, provided.
This company/entity is, or within the past 12 months has been, a client of UBS Securities LLC, and non-securities services are being, or have been, provided.
Within the past 12 months, UBS has received compensation for products and services other than investment banking services from this company/entity.
UBS holds a long or short position of 0.5% or more of the listed shares of this company.

Note : Historical Price Targets have been adjusted to account for any stock splits, rights issues and/or dividends which may have occurred for this security. Not Priced: Stock was not priced on the given date. No Rating: Issuer was not rated by UBS on the given day. No Price Target: For this issuer no Price Target was set by UBS on the given day. Issuers with an EQ Rating & Price Target Table are covered by UBS-IB Equity Research Analysts. Issuers without an EQ Rating & Price Target Table are not single stock covered.

* Issuers marked with an asterisk are covered by UBS-IB Equity Research Analysts. Issuers without an asterisk are not single stock covered.