A statement released earlier today by Credit Suisse Group AG about Ameriprise Financial, Inc. (NYSE:AMP) bumps the target price to $116.00
- Updated: October 7, 2016
Credit Suisse Group AG bumped up the target of Ameriprise Financial, Inc. (NYSE:AMP) to $116.00 stating a potential upside of 0.13%.
Boasting a price of $102.81, Ameriprise Financial, Inc. (NYSE:AMP) traded -0.90% lower on the day. With the last close up 5.33% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Ameriprise Financial, Inc. has recorded a 50-day average of $99.62 and a two hundred day average of $96.72. Volume of trade was down over the average, with 169,511 shares of AMP changing hands under the typical 850,085
With a total market value of $0, Ameriprise Financial, Inc. has price-earnings ratio of 12.36 with a one year low of $76.00 and a one year high of $120.29 .
A total of 9 analysts have released a research note on AMP. zero analysts rating the company a strong buy, six analysts rating the company a buy, three analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $114.11.
More About Ameriprise Financial, Inc. (NYSE:AMP)
Ameriprise Financial, Inc. is a diversified financial services company that offers financial solutions to individual and institutional clients. The Company operates in five segments: Advice & Wealth Management; Asset Management; Annuities; Protection, and Corporate & Other. The Advice & Wealth Management segment provides financial planning and advice, as well as 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 Threadneedle Investments. The Annuities segment provides RiverSource variable and fixed annuity products to individual clients. The Protection segment offers a range of products to address the protection and risk management needs of retail clients. The Company's Corporate & Other segment consists of net investment income or loss on corporate level assets.
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