Ameriprise Financial (AMP) Stock Forecast & Price Target

$486.94

+7.40 (+1.54%)

(As of 10/4/2024 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

Hold

Based on 10 Analyst Ratings

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

$463.00
-4.92% Downside

According to the 10 analysts' twelve-month price targets for Ameriprise Financial, the average price target is $463.00. The highest price target for AMP is $504.00, while the lowest price target for AMP is $387.00. The average price target represents a forecasted downside of -4.92% from the current price of $486.94.

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AMP Analyst Ratings Over Time

Type	Current Forecast 10/7/23 to 10/6/24	1 Month Ago 9/7/23 to 9/6/24	3 Months Ago 7/9/23 to 7/8/24	1 Year Ago 10/7/22 to 10/7/23
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)	5 Buy rating(s)	5 Buy rating(s)	3 Buy rating(s)
Hold	5 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$463.00	$464.33	$457.33	$361.00
Forecasted Upside	-4.92% Downside	7.88% Upside	7.02% Upside	10.59% Upside
Consensus Rating	Hold	Hold	Hold	Hold

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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.

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.

Ameriprise Financial Stock vs. The Competition

Type	Ameriprise Financial	Finance Companies	S&P 500
Consensus Rating Score	2.30	2.47	2.50
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	-4.92% Downside	14.92% Upside	7.05% Upside
News Sentiment Rating	Positive News See Recent AMP News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/26/2024	The Goldman Sachs Group 2 of 5 stars	A. Blostein Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$485.00 ➝ $476.00	+2.79%
7/30/2024	Royal Bank of Canada 4 of 5 stars		Boost Target	Outperform ➝ Outperform	$487.00 ➝ $500.00	+14.93%
7/30/2024	Keefe, Bruyette & Woods 4 of 5 stars		Lower Target	Market Perform ➝ Market Perform	$470.00 ➝ $460.00	+6.47%
7/29/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$444.00 ➝ $440.00	+1.74%
7/9/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$500.00 ➝ $495.00	+14.24%
6/28/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$500.00 ➝ $504.00	+17.11%
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6/28/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Underweight ➝ Underweight	$390.00 ➝ $387.00	-10.04%
5/6/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$440.00 ➝ $460.00	+8.90%
4/11/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	In-Line ➝ In-Line	$400.00 ➝ $445.00	+5.09%
3/21/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Market Perform
2/1/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$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 Sunday at 12:37 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 Monday, September 30, 2024. Please send any questions or comments about these Ameriprise Financial pros and cons to contact@marketbeat.com.

Ameriprise Financial
Bull Case

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

Ameriprise Financial, Inc. reported strong earnings per share (EPS) of $8.72 for the quarter, surpassing analysts' estimates by $0.19. This indicates the company's profitability and potential for growth.
The company had a return on equity of 73.83%, showcasing efficient use of shareholder equity to generate profits.
Ameriprise Financial, Inc. had a net margin of 18.64%, indicating the company's ability to convert revenue into profit.
The firm's revenue for the quarter increased by 9.6% year-over-year, demonstrating positive growth in its business operations.
Wall Street analysts have provided optimistic price targets and ratings for Ameriprise Financial, Inc., suggesting confidence in the company's future performance and stock value.

Ameriprise Financial
Bear Case

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

While the stock price of Ameriprise Financial, Inc. has shown positive movement recently, investors should be cautious about potential market volatility and external economic factors that could impact the stock price negatively.

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 $463.00, with a high forecast of $504.00 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 -4.92% based on their 12-month stock forecasts.
: Over the previous 90 days, Ameriprise Financial's stock had 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 2.47. Learn more on how AMP compares to other companies.