Video: David Bailey, Australian Finance Group
About the author:
- Author name:
- By Azib Khan
- Job title:
- Senior Analyst
- Date posted:
- 18 October 2017, 2:15 PM
- Sectors Covered:
I spoke to the Australian Finance Group Chief Executive Officer David Bailey at the Morgans Queensland Conference last week about core areas of growth for the company, including the AFG business platform. David also touched on his view on the recent ASIC review of mortgage broker remuneration.
Australian Finance Group (AFG) is offering exciting growth prospects particularly with its focus on white label products in the home loan space and plans to grow its offering to SMEs. At the same time the stock is offering an attractive fully franked dividend yield of 6.7% on our forecasts. We have an Add recommendation on the stock and our target price is available for Morgans clients here.
View further detailed analysis on Australian Finance Group via our research section on the company profile page . Alternatively, if you are not currently a Morgans client but would like more information on AFG, please contact your nearest Morgans office.
Disclaimer: The information contained in this report is provided to you by Morgans Financial Limited as general advice only, and is made without consideration of an individual's relevant personal circumstances. Morgans Financial Limited ABN 49 010 669 726, its related bodies corporate, directors and officers, employees, authorised representatives and agents (“Morgans”) do not accept any liability for any loss or damage arising from or in connection with any action taken or not taken on the basis of information contained in this report, or for any errors or omissions contained within. It is recommended that any persons who wish to act upon this report consult with their Morgans investment adviser before doing so.
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