AMERIPRISE FINANCIAL SERVICES (AMP) has been under a strong bear grip, hence the stock is down -0.45% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.51% in the past 1 week. The stock has risen by 1.47% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.07% in the past 4 weeks.

Ameriprise Financial, Inc. is up 0.12% in the last 3-month period. Year-to-Date the stock performance stands at -6.59%. The stock has recorded a 20-day Moving Average of 1.5% and the 50-Day Moving Average is 2.89%.


AMERIPRISE FINANCIAL SERVICES (NYSE:AMP): The stock opened at $96.71 on Friday but the bulls could not build on the opening and the stock topped out at $97.25 for the day. The stock traded down to $96.13 during the day, due to lack of any buying support eventually closed down at $97.01 with a loss of -0.16% for the day. The stock had closed at $97.17 on the previous day. The total traded volume was 531,617 shares.

Also, Equity Analysts at the Deutsche Bank maintains the rating on AMERIPRISE FINANCIAL SERVICES (NYSE:AMP). The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency raises the price target from $106 per share to $112 per share. The rating by the firm was issued on July 28, 2016.

Ameriprise Financial, Inc. (Ameriprise Financial) is a holding company primarily engaged in business through its subsidiaries. Ameriprise Financial is a diversified financial services company that offers financial solutions to individual and institutional clients. The Company operates in four segments: Advice & Wealth Management, Asset Management, Annuities and Protection. The Advice & Wealth Management segment provides financial planning and advice, as well as full-service brokerage services, primarily to retail clients through advisors. The Asset Management segment provides investment advice and investment products to retail, high net worth and institutional clients on a global scale through Columbia Management and Threadneedle. The Annuities segment provides variable and fixed annuity products of RiverSource Life companies to individual clients. The Protection segment offers a variety of products to address the protection and risk management needs of retail clients.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *