- Azimut Group reported net inflows of €3.1 billion in November.
- €2.8 billion of these inflows were due to the acquisition of 16 financial advisory firms from AMP Limited in Australia.
- The acquisition was initially announced in early August.
- Since the start of the year, Azimut’s total net inflows reached €17.4 billion.
- By the end of November, Azimut’s total assets under management stood at €68.5 billion.
- Including assets under administration, Azimut’s total assets amounted to €113.9 billion.
- The company has a market consensus of 3 “buy” ratings, 8 “hold” ratings, and 0 “sell” ratings.
A look at Azimut Holding Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts are optimistic about the long-term outlook for Azimut Holding, a company that offers investment management services. With a solid Smartkarma Smart Scores profile, including high scores for Dividend and Resilience, Azimut Holding is positioned well for the future. Its strong emphasis on dividends and ability to weather market challenges indicate stability and potential growth over the long term.
Furthermore, with favorable scores in Momentum and a respectable score in Value, Azimut Holding shows promise in terms of potential growth and overall performance. While Growth scored moderately, the company’s emphasis on value, dividends, resilience, and momentum bodes well for its continued success in the investment management sector. Investors may find Azimut Holding to be a strategic choice for long-term investment opportunities.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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