UBS keeps AUD 2.61 target for AMP stock

Published on 10/15/2026 at 22:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The one-year high is AUD 2.67 on October 15, 2026. AMP stock costs EUR 1.48 on October 15, 2026, unchanged versus the ASX prior close.

Analyst view and market position

UBS maintained a Hold rating and an AUD 2.61 target for AMP on October 15, 2026.
The one-year high reached AUD 2.67 on October 15, 2026.
AMP stock costs EUR 1.48 at Lang & Schwarz on October 15, 2026 at 10:07 p.m. CEST, unchanged versus the ASX prior close.
AMP's price-to-earnings ratio was 32.61 on October 15, 2026.

AMP, AU000000AMP6, Illustration mit AI erstellt.

UBS maintained a Hold rating on AMP and kept its price target at AUD 2.61 in a report dated October 15, 2026, according to Markets Insider. Against AMP's ASX price of AUD 2.40, the target stands 8.33 percent higher. AMP's euro quote was EUR 1.48 at Lang & Schwarz on October 15, 2026 at 10:07 p.m. CEST, unchanged on the ASX versus its prior close.

Target remains above the market price

The UBS target is higher than AMP's latest ASX price, but the gap is narrower than the 16.67 percent distance from AUD 2.40 to the AUD 2.80 target cited for Ord Minnett in an October 13 report. The Globe and Mail reported that Ord Minnett upgraded AMP to Buy with an AUD 2.80 target.

Range and valuation define the picture

AMP's one-year range was AUD 1.14 to AUD 2.67 on October 15, 2026. At AUD 2.40, the stock stood 10.11 percent below the high and 110.53 percent above the low. The current level therefore sits closer to the upper end of the range than to its lower boundary.

The euro quote carried a EUR 1.45 bid and a EUR 1.51 ask at the same Lang & Schwarz timestamp. On the ASX, AMP last stood at AUD 2.40 on October 15, 2026 at 3:10 p.m. AEDT with the session closed. The company operates across Australian wealth management, banking and investment businesses.

Valuation and peer comparison

AMP had a market capitalization of AUD 5.8 billion, a price-to-earnings ratio of 32.61 and a trailing dividend yield of 2.00 percent on October 15, 2026. These figures place the stock alongside other listed Australian financial businesses, but the valuation gap remains material.

Comparison with peers

AMP (ASX, AUD): unchanged, P/E 32.61, market capitalization AUD 5.8 billion

Challenger Limited (ASX, AUD): minus 0.31 percent, P/E 13.99, market capitalization AUD 6.6 billion

Insignia Financial (ASX, AUD): unchanged, P/E 28.33, market capitalization AUD 3.2 billion

Euro price stays unchanged

The Lang & Schwarz quote was EUR 1.48 on October 15, 2026 at 10:07 p.m. CEST. The ASX reference price was unchanged on the day, while the quoted euro price remained separate from the Australian listing price. The further course of trading is shown by the continuously updated real-time quote of AMP stock.