Breaking Finance News

Deutsche Bank AG downgraded Ameriprise Financial, Inc. (NYSE:AMP) to Hold in a report released today.

Just yesterday Ameriprise Financial, Inc. (NYSE:AMP) traded -1.64% lower at $98.85. Ameriprise Financial, Inc.’s 50-day moving average is $100.04 and its 200-day moving average is $96.98. The last closing price is up 0.10% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 1,236,125 shares of AMP traded hands, up from an average trading volume of 824,263

Deutsche Bank AG has downgraded Ameriprise Financial, Inc. (NYSE:AMP) to Hold in a report released on Friday October 14, 2016.

Recent Performance Chart

Ameriprise Financial, Inc. (NYSE:AMP)

Ameriprise Financial, Inc. has 52 week low of $76.00 and a 52 week high of $120.29 with a PE ratio of 11.78 and has a market capitalization of $0.

In addition to Deutsche Bank AG reporting its stock price target, a total of 9 brokers have issued a research note on the company. The average stock price target 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.

Brief Synopsis On 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *