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Ameriprise Financial (AMP) Stock Forecast & Price Target

Ameriprise Financial logo
$572.57 -1.44 (-0.25%)
(As of 01:16 PM 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
-14.83% 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 -14.83% from the current price of $572.57.
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AMP Analyst Ratings Over Time

TypeCurrent Forecast
11/28/23 to 11/27/24
1 Month Ago
10/29/23 to 10/28/24
3 Months Ago
8/30/23 to 8/29/24
1 Year Ago
11/28/22 to 11/28/23
Strong Buy
0 Strong Buy rating(s)
1 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)
4 Hold rating(s)
4 Hold rating(s)
2 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$482.11$464.33$385.50
Forecasted Upside-14.83% Downside-6.08% Downside4.88% Upside11.55% Upside
Consensus Rating
Hold
Moderate Buy
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
2.49
2.50
Consensus RatingHoldHoldModerate Buy
Predicted Upside-15.06% Downside9.48% Upside6.73% 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%
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
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 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 Wednesday at 01:38 PM 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 Friday, November 22, 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.:

  • The current stock price is $562.44, which reflects a strong performance and indicates investor confidence in the company's future prospects.
  • Ameriprise Financial, Inc. has a solid market capitalization of $54.56 billion, suggesting stability and a significant presence in the financial services industry.
  • The company recently announced a quarterly dividend of $1.48 per share, translating to an annualized dividend yield of 1.05%. This consistent dividend payment can provide a reliable income stream for investors.
  • Analysts have a consensus rating of "Hold" with a price target of $487.67, indicating that while the stock is currently valued higher, there is potential for growth and stability in the near term.
  • Insider transactions show that executives are actively managing their shares, with recent sales indicating confidence in the company's valuation and future performance.

Ameriprise Financial
Bear Case

red Wall Street bear icon

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

  • Insider selling has been significant, with a total of 30,415 shares sold worth $15,829,445 over the last quarter, which may raise concerns about the executives' confidence in the company's future performance.
  • The stock has experienced fluctuations, with a 1-year low of $342.96 and a high of $569.47, indicating volatility that could pose risks for investors seeking stability.
  • The company's debt-to-equity ratio is 0.99, which is relatively high and suggests that the company is using a significant amount of debt to finance its operations, potentially increasing financial risk.
  • Recent analyst ratings show mixed sentiments, with some firms downgrading their ratings, which could indicate uncertainty about the company's growth trajectory.
  • The price-to-earnings (P/E) ratio of 21.59 may suggest that the stock is overvalued compared to its earnings, which could deter value-focused investors.

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 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 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 -14.83% 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 2.49. Learn more on how AMP compares to other companies.


This page (NYSE:AMP) was last updated on 11/27/2024 by MarketBeat.com Staff
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