I should clarify one more item; i don't think many people make market beating returns by following Analysts. One has to be ahead of them because the 'Analyst effect' is well known. But, if you ask me would i sit on higher risk AMP because i believe there is a chance the share price could double within 1-2-3 years, would i? My answer obviously is yes.
So far the consensus appears to be green shoots, long road ahead with current targets ranging from $1.70-$1.95-$2.25. Again while these 'Analysts' do impact on movements, they are mostly reactionary to news. Also interesting is the effect of beating 'Analysts expectations' on earnings etc. and given how low these all are i think this is a possibility in the coming 12 months.
But hey, let's see what happens.
When will AMP hit $2, page-163
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Last
$1.53 |
Change
0.010(0.66%) |
Mkt cap ! $3.860B | |||
| Open | High | Low | Value | Volume |
| $1.52 | $1.55 | $1.52 | $15.80M | 10.35M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 80077 | $1.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.53 | 102476 | 6 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| AMP (ASX) Chart |