0140 GMT - Investors should watch AMP's annual results announcement for any comments on the potential for further capital management outside of dividends, Goldman Sachs analysts say. They use a note to clients to flag opportunities including from monetization of non-core equity stakes and lower platform capital requirements. The GS analysts, who see flow risks around AMP's sale of its advice business and are cautious on AMP's ability to win flows, are keen for an update on December-quarter flows and margin outlook. Goldman Sachs has a neutral rating and A$1.54 target price on the stock, which is down 1.0% at A$1.7425. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
February 06, 2025 20:40 ET (01:40 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.