AMP like most of its peers has endured an awful few years although AMP has managed to do it better, or should I say worse! The stocks actually relatively expensive trading on a 11.6x valuation although this is probably due to its more diversified financial services model. It’s not a direct comparison to the previous 5 stocks but we’ve included it because we can see 20% upside from current levels – and we like it as a trade.
MM likes the risk / reward on AMP under $1
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