22-07-2025
AMP (AMLTF) Gets a Buy from Morgan Stanley
In a report released today, Andrei Stadnik from Morgan Stanley maintained a Buy rating on AMP , with a price target of A$1.62. The company's shares closed last Wednesday at $0.95.
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Stadnik covers the Financial sector, focusing on stocks such as Suncorp Group, Macquarie Group Limited, and ASX . According to TipRanks, Stadnik has an average return of 7.0% and a 54.50% success rate on recommended stocks.
AMP has an analyst consensus of Moderate Buy, with a price target consensus of $1.07, a 12.43% upside from current levels. In a report released yesterday, Citi also maintained a Buy rating on the stock with a A$1.90 price target.
AMLTF market cap is currently $2.53B and has a P/E ratio of 21.24.
Based on the recent corporate insider activity of 8 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AMLTF in relation to earlier this year.
