The Ameriprise Financial Inc (AMP) share price is expected to decrease by 0.72% over the next year. This is based on calculating the average 12-month share price estimate provided by 11 stock analysts who have covered AMP. Price targets range from $415 at the low end to $542 at the high end. The current analyst consensus for AMP is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
AMP is a stock in Financial Services which has been forecasted to be worth $476.11 as an average. On the higher end, the forecast price is $542 USD by from and on the lower end AMP is forecasted to be $415 by from .
These are the latest 20 analyst ratings of AMP.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Kenneth Lee RBC Capital | Outperform | $500 | Maintains | Jul 30, 2024 |
Ryan Krueger Keefe, Bruyette & Woods | Market Perform | $460 | Maintains | Jul 30, 2024 |
Michael Cyprys Morgan Stanley | Equal-Weight | $440 | Maintains | Jul 29, 2024 |
Brennan Hawken UBS | Buy | $495 | Maintains | Jul 9, 2024 |
Ryan Krueger Keefe, Bruyette & Woods | Market Perform | $470 | Maintains | Jul 8, 2024 |
John Barnidge Piper Sandler | Underweight | $387 | Maintains | Jun 28, 2024 |
Suneet Kamath Jefferies | Buy | $504 | Maintains | Jun 28, 2024 |
Kevin Heal Argus Research | Buy | $460 | Maintains | May 6, 2024 |
Kenneth Lee RBC Capital | Outperform | $480 | Maintains | Apr 24, 2024 |
Thomas Gallagher Evercore ISI Group | In-Line | $445 | Maintains | Apr 11, 2024 |
Ryan Krueger Keefe, Bruyette & Woods | Market Perform | $460 | Maintains | Apr 10, 2024 |
Michael Cyprys Morgan Stanley | Equal-Weight | $437 | Maintains | Apr 9, 2024 |
John Barnidge Piper Sandler | Underweight | $392 | Maintains | Apr 5, 2024 |
Alexander Blostein Goldman Sachs | Buy | $488 | Maintains | Mar 27, 2024 |
Wilma Burdis Raymond James | Market Perform | Initiates | Mar 21, 2024 | |
Ryan Krueger Keefe, Bruyette & Woods | Market Perform | $420 | Maintains | Jan 30, 2024 |
Michael Cyprys Morgan Stanley | Equal-Weight | $400 | Maintains | Jan 29, 2024 |
Kenneth Lee RBC Capital | Outperform | $450 | Maintains | Jan 26, 2024 |
Brennan Hawken UBS | Buy | $445 | Maintains | Jan 25, 2024 |
Kenneth Lee RBC Capital | Outperform | $420 | Maintains | Jan 22, 2024 |
When did it IPO
2005
Staff Count
13,800
Country
United States
Sector/Industry
Financial Services/Asset Management
CEO
Mr. James M. Cracchiolo
Market Cap
$46.88B
In 2023, AMP generated $15.54B in revenue, which was a increase of 8.96% from the previous year. This can be seen as a signal that AMP's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Ameriprise Financial Services (AMP) is being evaluated as a potential top stock pick for momentum investors. Further analysis is needed to determine its suitability.
Why It Matters - The inquiry into Ameriprise Financial's momentum potential signals potential shifts in stock performance, impacting investment strategies and portfolio decisions.
Summary - Investors in Financial - Investment Management stocks are evaluating Ameriprise Financial Services (AMP) and Ares Management (ARES) for potential value opportunities.
Why It Matters - The comparison of Ameriprise Financial Services and Ares Management highlights potential investment opportunities, influencing stock selection and portfolio strategies for better returns.
Summary - Ameriprise Financial (NYSE: AMP) reported that 21 of its financial advisors made Barron's โTop 100 Independent Financial Advisorsโ list, highlighting their client asset management and revenue success.
Why It Matters - Recognition of Ameriprise's advisors by Barron's enhances the firm's reputation, potentially attracting new clients and boosting asset growth, which can positively impact stock performance.
Summary - Ameriprise Financial (NYSE: AMP) is matching donations to Feeding Americaยฎ up to $250,000 until October 31, aiming to support over 47 million food-insecure individuals in the U.S.
Why It Matters - Ameriprise's charitable initiative reflects its commitment to social responsibility, potentially enhancing brand reputation and customer loyalty, which can positively impact financial performance.
Summary - Ameriprise Financial announced the addition of advisor Nathan Brown and his $150 million practice from Edward Jones in Kalamazoo, citing improved technology and financial planning capabilities.
Why It Matters - The addition of a high-asset financial advisor to Ameriprise enhances its client base and services, potentially increasing revenue and market competitiveness.
Summary - Historically, September is the worst month for the S&P 500, suggesting potential volatility or downturns for investors during this period.
Why It Matters - September's historical underperformance may signal increased volatility, prompting investors to reassess risk exposure and strategy ahead of potential market shifts.