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.
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