Ameriprise Financial, Inc. with ticker code (AMP) now have 10 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 $452.00 and $360.00 suggesting an average analyst share price target price of $418.00. (at the time of writing). Now with the previous closing price of $397.37 this would imply there is now a potential upside of 5.2%. Also worth taking note is the 50 day moving average now sits at $378.31 and the 200 moving average now moves to $340.65. The market capitalization for the company is 39.12B. The stock price is currently at: $390.45 USD
The potential market cap would be $41,154,219,565 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 18.43, revenue per share of $146.32 and a 1.79% 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.
