Ord Minnett lifts AMP stock target from AUD 2.50 to AUD 2.80

Published on 10/20/2026 at 21:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AMP platforms net cash flows rose 20 percent year on year in the third quarter of 2026. AMP stock costs EUR 1.50 on October 20, 2026.

Analyst view and operating figures

Ord Minnett upgraded AMP to Buy and raised its target from AUD 2.50 to AUD 2.80 on October 19, 2026.
Platforms net cash flows increased 20.00 percent year on year in the third quarter of 2026.
AMP stock costs EUR 1.50 at Lang & Schwarz on October 20, 2026 at 9:39 p.m. CEST.
AMP's Australian and New Zealand wealth business reached AUD 168.00 billion in assets under management.

AMP, AU000000AMP6, Illustration mit AI erstellt.

Ord Minnett upgraded AMP to Buy and raised its target from AUD 2.50 to AUD 2.80 on October 19, 2026, according to FNArena. AMP stock was trading at EUR 1.50 at Lang & Schwarz on October 20, 2026 at 9:39 p.m. CEST.

Ord Minnett lifts the target

The broker linked its upgrade to stronger terminal growth expectations for AMP, while describing earnings changes as modest. The target increase of AUD 0.30 represents a 12.00 percent rise from AUD 2.50 to AUD 2.80.

AMP's shareholder centre records the company's third-quarter 2026 cash flow and business update on October 15, 2026, following first-half results published on August 6, 2026, according to AMP.

Cash flows and assets set the frame

Platforms net cash flows increased 20.00 percent year on year in the third quarter of 2026. Total assets under management across AMP's Australian and New Zealand wealth business reached AUD 168.00 billion, according to Motley Fool Australia.

What does the valuation compare with?

AMP's ASX price was AUD 2.41 at 4:10 p.m. AEDT on October 20, 2026, down 2.43 percent from the AUD 2.47 prior close. Its market capitalization was AUD 5.8 billion, with a 52-week range of AUD 1.14 to AUD 2.67. The reported price-to-earnings ratio was 32.74 and the dividend yield was 0.02 percent.

Comparison with peers

AMP Limited: down 2.43 percent, P/E 32.74, market capitalization AUD 5.8 billion.

Macquarie Group: down 0.47 percent, P/E 19.59, market capitalization AUD 91.5 billion.

Perpetual Limited: down 0.76 percent, P/E 22.45, market capitalization AUD 2.0 billion.

Stock valuation and next steps

The Ord Minnett target of AUD 2.80 stands 16.18 percent above AMP's ASX price of AUD 2.41 on October 20, 2026. The latest scheduled company date in the shareholder calendar was the October 15, 2026 third-quarter update.

AMP stock price in euros

AMP stock was trading at EUR 1.50 at Lang & Schwarz on October 20, 2026 at 9:39 p.m. CEST. The Australian listing last stood at AUD 2.41 on the ASX at 4:10 p.m. AEDT on October 20, 2026.

The further course of trading is shown by the continuously updated real-time quote of AMP stock.