AMP traded at 1.22 this Thursday February 12th, decreasing 0.53 or 30.26 percent since the previous trading session. Looking back, over the last four weeks, AMP lost 32.39 percent. Over the last 12 months, its price fell by 30.46 percent. Looking ahead, we forecast AMP to be priced at 1.62 by the end of this quarter and at 1.52 in one year, according to Trading Economics global macro models projections and analysts expectations.
AMP Ltd is an Australia-based wealth management company. The Company operates through three divisions: AMP Australia, AMP Capital and New Zealand wealth management. AMP Australia provides wealth management, advice and bank products. Wealth management provides financial advice services through aligned and owned advice businesses, platform administration, unit linked superannuation, retirement income and managed investment products. AMP Bank offers residential mortgages, deposits and transaction banking. AMP Capital is a diversified investment manager across various asset classes, including equities, fixed interest, infrastructure, real estate, diversified and multi-manager and multi-asset funds. New Zealand wealth management business includes the wealth management, financial advice and distribution business in New Zealand.