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Ameriprise Financial (AMP) Stock Forecast & Price Target

Ameriprise Financial logo
$510.30
-3.74 (-0.73%)
(As of 10/31/2024 ET)

Ameriprise Financial - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
5
Buy
4

Based on 10 Wall Street analysts who have issued ratings for Ameriprise Financial in the last 12 months, the stock has a consensus rating of "Hold." Out of the 10 analysts, 1 has given a sell rating, 5 have given a hold rating, and 4 have given a buy rating for AMP.

Consensus Price Target

$487.67
-4.44% Downside
According to the 10 analysts' twelve-month price targets for Ameriprise Financial, the average price target is $487.67. The highest price target for AMP is $555.00, while the lowest price target for AMP is $387.00. The average price target represents a forecasted downside of -4.44% from the current price of $510.30.

AMP Analyst Ratings Over Time

TypeCurrent Forecast
11/2/23 to 11/1/24
1 Month Ago
10/3/23 to 10/2/24
3 Months Ago
8/4/23 to 8/3/24
1 Year Ago
11/2/22 to 11/2/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
5 Buy rating(s)
3 Buy rating(s)
Hold
5 Hold rating(s)
5 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$487.67$463.00$464.33$376.86
Forecasted Upside-4.44% Downside-3.61% Downside15.33% Upside13.73% Upside
Consensus Rating
Hold
Hold
Hold
Moderate Buy

AMP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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AMP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Ameriprise Financial Stock vs. The Competition

TypeAmeriprise FinancialFinance CompaniesS&P 500
Consensus Rating Score
2.30
2.48
2.50
Consensus RatingHoldHoldHold
Predicted Upside-4.44% Downside15.83% Upside10.65% Upside
News Sentiment Rating
Positive News

See Recent AMP News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/29/2024Keefe, Bruyette & Woods
4 of 5 stars
R. Krueger
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Boost TargetMarket Perform ➝ Market Perform$475.00 ➝ $510.00-1.00%
10/25/2024Royal Bank of Canada
4 of 5 stars
 Boost TargetOutperform ➝ Outperform$535.00 ➝ $550.00+9.21%
10/17/2024Morgan Stanley
3 of 5 stars
 Boost TargetEqual Weight ➝ Equal Weight$440.00 ➝ $502.00-3.70%
10/8/2024UBS Group
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 Boost TargetBuy ➝ Buy$490.00 ➝ $555.00+15.13%
9/26/2024The Goldman Sachs Group
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A. Blostein
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DowngradeBuy ➝ Neutral$485.00 ➝ $476.00+2.79%
6/28/2024Jefferies Financial Group
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 Boost TargetBuy ➝ Buy$500.00 ➝ $504.00+17.11%
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6/28/2024Piper Sandler
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 Lower TargetUnderweight ➝ Underweight$390.00 ➝ $387.00-10.04%
5/6/2024Argus
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 Boost TargetBuy ➝ Buy$440.00 ➝ $460.00+8.90%
4/11/2024Evercore ISI
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetIn-Line ➝ In-Line$400.00 ➝ $445.00+5.09%
3/21/2024Raymond James
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 Initiated CoverageMarket Perform
2/1/2023Credit Suisse Group
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 Boost TargetOutperform$382.00 ➝ $401.00+14.53%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 01:25 AM ET.


Should I Buy Ameriprise Financial Stock? AMP Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, October 21, 2024. Please send any questions or comments about these Ameriprise Financial pros and cons to contact@marketbeat.com.

Ameriprise Financial
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Ameriprise Financial, Inc.:

  • Ameriprise Financial's stock price has been on an upward trend, with a 1-year high of $490.23, indicating potential growth.
  • The company reported strong quarterly earnings, surpassing analysts' estimates, with a return on equity of 73.83% and a net margin of 18.64%, showcasing financial strength.
  • Institutional investors and hedge funds have been increasing their stakes in Ameriprise Financial, indicating confidence in the company's future performance.
  • Ameriprise Financial has a low debt-to-equity ratio of 1.16, signaling a healthy financial structure.
  • The company has a market capitalization of $48.99 billion, reflecting its significant presence in the financial services sector.

Ameriprise Financial
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Ameriprise Financial, Inc. for these reasons:

  • Despite the positive aspects, Ameriprise Financial's stock price volatility may pose risks to investors, requiring a careful risk management strategy.
  • The company's quick ratio and current ratio of 0.59 each suggest potential liquidity challenges that could impact short-term financial stability.
  • Ameriprise Financial's payout ratio of 20.15% may limit future dividend growth or reinvestment opportunities for the company.
  • The company's beta of 1.35 indicates higher volatility compared to the market average, which could lead to fluctuations in stock price.
  • Investors should consider the competitive landscape in the financial services industry, as Ameriprise Financial faces competition from other established firms.

AMP Forecast - Frequently Asked Questions

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Ameriprise Financial is $487.67, with a high forecast of $555.00 and a low forecast of $387.00.

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ameriprise Financial in the last year. There is currently 1 sell rating, 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AMP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AMP, but not buy additional shares or sell existing shares.

According to analysts, Ameriprise Financial's stock has a predicted downside of -4.44% based on their 12-month stock forecasts.

Over the previous 90 days, Ameriprise Financial's stock had 1 upgrade and 1 downgrade by analysts.

Ameriprise Financial has been rated by research analysts at Keefe, Bruyette & Woods, Morgan Stanley, Royal Bank of Canada, The Goldman Sachs Group, and UBS Group in the past 90 days.

Analysts like Ameriprise Financial less than other "finance" companies. The consensus rating score for Ameriprise Financial is 2.30 while the average consensus rating score for "finance" companies is 2.48. Learn more on how AMP compares to other companies.


This page (NYSE:AMP) was last updated on 11/1/2024 by MarketBeat.com Staff
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