Macquarie Sticks to Its Buy Rating for AMP (AMLTF)
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According to TipRanks, Buncombe is a 4-star analyst with an average return of 10.9% and a 72.22% success rate. Buncombe covers the Financial sector, focusing on stocks such as NIB Holdings Ltd, ASX , and Insurance Australia Group Limited.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AMP with a $0.91 average price target.
AMLTF market cap is currently $2.11B and has a P/E ratio of 17.90.
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.
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