Ameriprise Financial, Inc. which can be found using ticker (AMP) have now 11 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between 410 and 300 suggesting an average Analsyt target price of $371.64. Given that the stocks previous close was at $336.28 this indicates there is a potential upside of 10.5%. The 50 day moving average now sits at $338.76 while the 200 day moving average is $323.11. The market cap for the company is 34.94B. The stock price is currently at: 340.43 USD
The potential market cap would be $38,610,605,681 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 15.48, revenue per share of 139.21 and a 1.58% return on assets.
Ameriprise Financial, Inc. is a holding company. The Company offers a range of financial planning and advice products and services designed to achieve individual and institutional clients’ financial objectives. Its segments include Advice & Wealth Management, Asset Management, and Retirement & Protection Solutions. Advice & Wealth Management segment provides financial planning and advice, as well as service brokerage services, primarily to retail clients through the Company’s advisors. Asset Management segment provides investment management, advice and products to retail and institutional clients on a global scale through the Columbia Threadneedle Investments brand. Retirement & Protection Solutions segment includes retirement solutions, which include variable annuities and payout annuities, and protection solutions, such as life and disability insurance. It offers products and services under brands, including Ameriprise Financial, Columbia Threadneedle Investments and RiverSource.
