Macquarie have cut their target 7.1% to $1.30.
...
"Mr Sotiriou's bullishness on AMP is an outlier position. According to Macquarie, consensus on the wealth giant among analysts is 82 per cent negative, with seven recent price target downgrades and just three upgrades."
Looks like they are applying the "Hemlich maneuver", shorting the stock. Makes me wonder why they are doing this, could be trying setting themselves up for a takeover.
Ann: Dividend/Distribution - AMP, page-91
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Last
$1.12 |
Change
0.005(0.45%) |
Mkt cap ! $2.908B | |||
| Open | High | Low | Value | Volume |
| $1.13 | $1.14 | $1.12 | $9.421M | 8.367M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 129636 | $1.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 58796 | 2 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| AMP (ASX) Chart |