AMP (AMLTF)
In a report issued on July 17, Simon Fitzgerald from Jefferies maintained a Buy rating on AMP, with a price target of A$2.07. The company’s shares closed last Tuesday at $1.05.
According to TipRanks.com, Fitzgerald is a 3-star analyst with an average return of 4.3% and a 63.2% success rate. Fitzgerald covers the Financial sector, focusing on stocks such as Insurance Australia Group Limited, QBE Insurance Group Limited, and Suncorp Group.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AMP with a $1.31 average price target, a 19.1% upside from current levels. In a report issued on July 2, J.P. Morgan also maintained a Buy rating on the stock with a A$1.75 price target.
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