In a report released yesterday, Siddharth Parameswaran from J.P. Morgan maintained a Hold rating on AMP , with a price target of A$1.70. The company’s shares closed last Tuesday at $1.14.
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According to TipRanks, Parameswaran is a 4-star analyst with an average return of 10.1% and a 68.39% success rate. Parameswaran covers the Financial sector, focusing on stocks such as ASX , AMP , and Steadfast Group Limited.
In addition to J.P. Morgan, AMP also received a Hold from TR | OpenAI – 4o’s Valerie Balancia in a report issued on October 10. However, on October 12, Citi maintained a Buy rating on AMP (Other OTC: AMLTF).
AMLTF market cap is currently $2.76B and has a P/E ratio of 24.62.
Read More on AMLTF:
Disclaimer & DisclosureReport an Issue
- AMP Limited Issues A$125 Million Subordinated Notes to Strengthen Capital Base
- AMP Limited Reports Change in Shareholding Exposure
- AMP Limited Announces New Dividend Distribution for AMPPB Security
- AMP Settles with Insurers Over Historical Remediation Claims
- AMP Settles Superannuation Class Action for $120 Million
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