AMERIPRISE FINANCIAL SERVICES (AMP) has an average broker rating of 1.9, 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. 1 other analysts advise a Buy. Nevertheless, the majority of 2 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 $11.19 from the average target price of $109.4 for the short term period. 5 Street Experts have initiated coverage on the stock with the most promising target being $125 and the most muted being $98.
For the current week, the company shares have a recommendation consensus of Buy. Also, Deutsche Bank maintains its view on AMERIPRISE FINANCIAL SERVICES (NYSE:AMP) according to the research report released by the firm to its investors. The shares have now been rated Buy by the stock experts at the ratings house. Deutsche Bank raises the price target from $106 per share to $112 per share on AMERIPRISE FINANCIAL SERVICES . The rating by the firm was issued on July 28, 2016.
AMERIPRISE FINANCIAL SERVICES (NYSE:AMP): The stock opened at $100.16 and touched an intraday high of $100.89 on Wednesday. During the day, the stock corrected to an intraday low of $99.89, however, the bulls stepped in and pushed the price higher to close in the green at $100.76 with a gain of 0.10% for the day. The total traded volume for the day was 589,352. The stock had closed at $100.66 in the previous trading session.
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.