AMERIPRISE FINANCIAL SERVICES (AMP) has an average broker rating of 1.7, which is interpreted as a Buy, as rated by 5 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 2 other analysts advise a Buy. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell.
AMERIPRISE FINANCIAL SERVICES (AMP) stock is expected to deviate a maximum of $11.37 from the average target price of $111.6 for the short term period. 5 Street Experts have initiated coverage on the stock with the most promising target being $126 and the most muted being $99.
For the current week, the company shares have a recommendation consensus of Buy.
AMERIPRISE FINANCIAL SERVICES (NYSE:AMP): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $93.05 and $92.87 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $94.72. The buying momentum continued till the end and the stock did not give up its gains. It closed at $94.62, notching a gain of 3.23% for the day. The total traded volume was 1,072,673 . The stock had closed at $91.66 on the previous day.
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.