AMP LIMITED (AMP)
Share Price Analysis and Chart

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AMP - AMP LIMITED

FNArena Sector : Insurance
Year End: December
GICS Industry Group : Insurance
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

AMP is an Australian financial services company providing superannuation and investment products, financial advice and banking products. It began life in 1849 as the Australian Mutual Provident Society and was demutualised and listed in 1998.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.45

03 Mar
2021

0.010

OPEN

$1.44

0.69%

HIGH

$1.46

8,509,139

LOW

$1.44

TARGET
$1.565 7.9% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
IAG . ISU . MPL . NHF . QBE . SDF . SUN . TWR . CVW . GDG . PSI . FCL .
MARKET CONSENSUS FORECAST
AMP: 1
Title FY19
Actual		 FY20
Actual		 FY21
Forecast		 FY22
Forecast
EPS (cps) xxx 5.2 8.4 xxx
DPS (cps) xxx 10.0 5.2 xxx
EPS Growth xxx N/A 61.8% xxx
DPS Growth xxx N/A - 47.9% xxx
PE Ratio xxx N/A 16.9 xxx
Dividend Yield xxx N/A 3.7% xxx
Div Pay Ratio(%) xxx 192.3% 62.0% xxx

Dividend yield today if purchased 3 years ago: 1.90%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 7.04

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 18/09 - 10c (100%)

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.2

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

-1

xx xxxxxx

xx.xx%

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Ord Minnett

01/03/2021

3

Hold

$1.80

24.14%

AMP has an agreement with US asset manager Ares for the sale of 60% of its private market business within the Capital Investors division, for $2.25bn.

In light of the JV deal Ord Minnett calculates an implied value for the private markets business of more than $0.33 per share, or more than it values the whole AMPCI.

The broker suspects the reason behind the deal is pressure on the board to crystallise value, given the poor performance of the share price. The broker retains a Hold rating and raises the target to $1.80 from $1.55.

This stock is not covered in-house by Ord Minnett. Instead, the broker whitelabels research by JP Morgan.

FORECAST
Ord Minnett forecasts a full year FY21 dividend of 4.00 cents and EPS of 8.00 cents.
Ord Minnett forecasts a full year FY22 dividend of 5.00 cents and EPS of 9.00 cents.

Credit Suisse

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

3

xxxxxxx xx xxxxxxx xxxx xxxxxxxxxxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >

AMP STOCK CHART

FNArena News on AMP

1
AMP To Reinvigorate Private Markets

Mar 03 2021 - Australia
2
Makeover Of The Investment Platform Sector

Feb 18 2021 - Weekly Reports
3
Weekly Ratings, Targets, Forecast Changes – 12-02-21

Feb 15 2021 - Weekly Reports
4
FNArena Corporate Results Monitor – 12-02-2021

Feb 12 2021 - Australia
5
Rudi’s View: A February Full Of Promise

Feb 12 2021 - Rudi's View

Latest Insurance News

1
Suncorp Homes In On Improved Returns

Feb 10 2021 - Australia
2
Reinsurance Key To Insurer Pandemic Claims

Sep 16 2020 - Australia
3
Suncorp Takes Stock Of Risk

Jul 02 2020 - Australia
4
Medibank Private Deflects Talk Of Windfall

May 07 2020 - Australia
5
Steadfast Moves To Reassure

Apr 27 2020 - Australia
6
Reinsurance Covers Suncorp, Yet Risks Remain

Jan 14 2020 - Australia
7
Poor US Crop Pegs QBE Profitability

Dec 19 2019 - Australia
8
Are Market Fears For Suncorp Overdone?

Nov 20 2019 - Australia
9
Claims Costs Hurt Medibank Private

Nov 07 2019 - Australia
10
More Returns As Suncorp Sells Chop Shops?

Oct 02 2019 - Australia