Analysts' ratings for Ameriprise Finl AMP over the last quarter vary from bullish to bearish, as provided by 8 analysts.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 2 | 2 | 3 | 1 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 1 | 0 | 0 | 1 | 0 |
2M Ago | 0 | 0 | 0 | 0 | 0 |
3M Ago | 1 | 2 | 2 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $431.5, with a high estimate of $488.00 and a low estimate of $392.00. This upward trend is evident, with the current average reflecting a 5.86% increase from the previous average price target of $407.62.
Analyzing Analyst Ratings: A Detailed Breakdown
The perception of Ameriprise Finl by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Michael Cyprys | Morgan Stanley | Raises | Equal-Weight | $437.00 | $400.00 |
John Barnidge | Piper Sandler | Raises | Underweight | $392.00 | $360.00 |
Alexander Blostein | Goldman Sachs | Raises | Buy | $488.00 | $437.00 |
Ryan Krueger | Keefe, Bruyette & Woods | Raises | Market Perform | $420.00 | $400.00 |
Michael Cyprys | Morgan Stanley | Raises | Equal-Weight | $400.00 | $394.00 |
Kenneth Lee | RBC Capital | Raises | Outperform | $450.00 | $420.00 |
Brennan Hawken | UBS | Raises | Buy | $445.00 | $440.00 |
Kenneth Lee | RBC Capital | Raises | Outperform | $420.00 | $410.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Ameriprise Finl. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Ameriprise Finl compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for Ameriprise Finl's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Ameriprise Finl's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Ameriprise Finl analyst ratings.
Unveiling the Story Behind Ameriprise Finl
Ameriprise Financial is a major player in the US market for asset and wealth management, with around $1.4 trillion in total assets under management and administration at the end of 2023. With about 10,000 advisors, Ameriprise has one of the largest branded advisor networks in the industry. About 80% of the company's revenue comes from its asset and wealth management segments. Ameriprise has reduced its exposure to insurance with the sale of its auto and home insurance business in 2019 and the exit of the sale of its proprietary fixed annuities in 2020.
Ameriprise Finl's Financial Performance
Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.
Revenue Growth: Over the 3 months period, Ameriprise Finl showcased positive performance, achieving a revenue growth rate of 8.98% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector.
Net Margin: Ameriprise Finl's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 9.44%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Ameriprise Finl's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 8.81% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Ameriprise Finl's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.22%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Ameriprise Finl's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.22.
The Core of Analyst Ratings: What Every Investor Should Know
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.