AMERIPRISE FINANCIAL SERVICES (NYSE:AMP) should head towards $116.6 per share according to 5 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $99 per share. The higher price estimate target is at $126 according to the Analysts.
Many analysts have stated their opinion on the company shares. Citigroup maintains their rating on the shares of AMERIPRISE FINANCIAL SERVICES (NYSE:AMP). The current rating of the shares is Neutral. Equity Analysts at the Firm raises the price target to $99 per share from $94 per share. The rating by the firm was issued on April 6, 2016. For the current week, the company shares have a recommendation consensus of Buy.
On the companys insider trading activities,The officer (Exec VP of Human Resources) of Ameriprise Financial Inc, Hunter Kelli A sold 3,486 shares at $102.07 on June 1, 2016. The Insider selling transaction had a total value worth of $355,816. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
AMERIPRISE FINANCIAL SERVICES (NYSE:AMP) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.7 points or 0.7% at $98.85 with 1,295,299 shares getting traded. Post opening the session at $98.85, the shares hit an intraday low of $98.75 and an intraday high of $100.14 and the price was in this range throughout the day. The company has a market cap of $16,391 million and the number of outstanding shares have been calculated to be 165,813,450 shares. The 52-week high of AMERIPRISE FINANCIAL SERVICES (NYSE:AMP) is $129.99 and the 52-week low is $75.995.
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.