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Ameriprise Financial, Inc. (NYSE:AMP) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.

Zacks Investment Research has upgraded Ameriprise Financial, Inc. (NYSE:AMP) to Hold in a statement released on 9/21/2016.

Boasting a price of $99.37, Ameriprise Financial, Inc. (NYSE:AMP) traded -1.24% lower on the day. With the last close up 3.63% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. The company has recorded a 50-day moving average of $98.68 and a 200-day moving average of $96.15. 888,121 shares of the stock traded hands, down from an average trading volume of 1,007,720

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Ameriprise Financial, Inc. (NYSE:AMP)

Ameriprise Financial, Inc. has a 52 week low of $76.00 and a 52 week high of $120.29 with a PE ratio of 12.09 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 9 brokers have issued a report on the stock. The consensus target price is $114.11 with 0 brokers rating the stock a strong buy, 6 brokers rating the stock a buy, 3 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information 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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