Keith McLachlan The bar is high
a year-end target price of 1 200c, implying a return of 68%,” Clark says in a report. He adds that Anchor Group is growing its assets rapidly and could break R10bn in early 2015.
The research report further notes the company has room for growth and is expected to launch new unit trusts and move into corporate institutional pensions. Phakamisa Ndzamela