AMP's Easing Share Price Lures Bull Back to Stock -- Market Talk

Dow Jones

01/12

0000 GMT - AMP regains its bull at Citi following the share-price decline that followed the Australian wealth manager's 3Q update. Analyst Nigel Pittaway lifts Citi's rating on the stock to buy from neutral, three months after a steep rally prompted him to downgrade his recommendation. He tells clients in a note that he expects a capital-return announcement when AMP announces its 2025 result next month. Strong cost control and stabilization in underlying bank earnings are among other positives. Citi keeps a A$2.10 target price on the stock, which is up 3.5% at A$1.8425. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

January 11, 2026 19:00 ET (00:00 GMT)

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(stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 11, 2026 19:00 ET (00:00 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1668664300.SGD","symbol_name":"Blackrock World Financials A2 SGD-H","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2602654945","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2602654945","pubTimestamp":1768176000,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0000 GMT - AMP regains its bull at Citi following the share-price decline that followed the Australian wealth manager's 3Q update. 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Analyst Nigel Pittaway lifts Citi's rating on the stock to buy from neutral, three months after a steep rally prompted him to downgrade his recommendation. He tells clients in a note that he expects a capital-return announcement when AMP announces its 2025 result next month. Strong cost control and stabilization in underlying bank earnings are among other positives. Citi keeps a A$2.10 target price on the stock, which is up 3.5% at A$1.8425. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 11, 2026 19:00 ET (00:00 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}