Most brokers are wanker. They just make up a story and adjust their targets on any particular stock within 10% of the current SP or they adjust their targets to suit their needs. A good example of this FMG. Three years ago they said FMG SP will be less than a dollar and look it now (over $21).
Surprisingly, some stocks lost more than a billion last year(examples: QAN and FLT) and I am guessing they will have a catastrophic year and look at their SP.
AMP is still making hundreds of millions and with BB is happening, therefore, I am holding my shares tight. I know the SP will be over $2 by Christmas 2021.
Good luck all.
AMP & AMPP, page-29
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Last
$1.10 |
Change
-0.010(0.90%) |
Mkt cap ! $2.968B | |||
| Open | High | Low | Value | Volume |
| $1.11 | $1.11 | $1.10 | $1.789M | 1.624M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 374250 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 237667 | 59 |
View Market Depth
| Last trade - 12.10pm 15/05/2024 (20 minute delay) ? |
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Last
$1.10 |
Change
-0.010 ( 0.73 %) |
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| Open | High | Low | Volume | ||
| $1.11 | $1.11 | $1.10 | 284596 | ||
| Last updated 12.29pm 15/05/2024 ? | |||||
| AMP (ASX) Chart |