Goldman Sachs analyst Julian Braganza initiated coverage of AMP Ltd (AMLTF) with a Neutral rating and A$1.54 price target The firm is quietly optimistic on AMP’s prospects from here but stays on the sidelines on an uncertain recovery in the Bank & Platform business with valuation looking fair.
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Read More on AMLTF:
- AMP Limited Director Acquires Significant Shareholding
- AMP Limited Discloses Current Shareholding Structure
- AMP Limited Reports Strong Q3 Growth and Transformation
- AMP Limited Reports Cessation of Securities
- AMP Limited Cancels Shares Post Buy-Back
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.