AMERIPRISE FINANCIAL SERVICES (AMP) : Zacks Investment Research ranks AMERIPRISE FINANCIAL SERVICES (AMP) as 4, which is a Sell recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 5 research analysts is 1.9, which indicates as a Buy.
AMERIPRISE FINANCIAL SERVICES (AMP) : The highest short term price target forecast on AMERIPRISE FINANCIAL SERVICES (AMP) is $125 and the lowest target price is $98. A total of 5 equity analysts are currently covering the company. The average price of all the analysts is $109.4 with a standard deviation of $11.19.
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 SERVICES (NYSE:AMP): After opening at $98.82, the stock dipped to an intraday low of $98.82 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $101.46 and the buying power remained strong till the end. The stock closed at $100.92 for the day, a gain of 1.72% for the day session. The total traded volume was 887,214. The stocks close on the previous trading day was $99.21.
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.