Ratings for Ameriprise Finl AMP were provided by 7 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 1 | 3 | 1 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 1 | 3 | 0 | 0 |
| 2M Ago | 1 | 0 | 0 | 1 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
Analysts have recently evaluated Ameriprise Finl and provided 12-month price targets. The average target is $451.71, accompanied by a high estimate of $488.00 and a low estimate of $392.00. Surpassing the previous average price target of $418.14, the current average has increased by 8.03%.
Deciphering Analyst Ratings: An In-Depth Analysis
The analysis of recent analyst actions sheds light on the perception of Ameriprise Finl by financial experts. 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 |
|---|---|---|---|---|---|
| Kevin Heal | Argus Research | Raises | Buy | $460.00 | $440.00 |
| Kenneth Lee | RBC Capital | Raises | Outperform | $480.00 | $470.00 |
| Thomas Gallagher | Evercore ISI Group | Raises | In-Line | $445.00 | $400.00 |
| Ryan Krueger | Keefe, Bruyette & Woods | Raises | Market Perform | $460.00 | $420.00 |
| 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 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Ameriprise Finl. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Ameriprise Finl compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Ameriprise Finl's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
To gain a panoramic view of Ameriprise Finl's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using 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 Economic Impact: An Analysis
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Positive Revenue Trend: Examining Ameriprise Finl's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 3.86% as of 31 March, 2024, showcasing a substantial increase in 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: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 23.88%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 20.61%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Ameriprise Finl's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.56%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: With a below-average debt-to-equity ratio of 1.17, Ameriprise Finl adopts a prudent financial strategy, indicating a balanced approach to debt management.
What Are Analyst Ratings?
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per 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.
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