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Ameriprise Financial Price Target Trimmed to $556.10 as Consensus Shifts to Hold

BearishMedium impact
AMP$481.68 −3.82%

Wall Street analysts lowered their average 12-month price target for Ameriprise Financial, Inc. (AMP) from $568.60 to $556.10 per share. The overall consensus rating across 16 covering analysts also moved to Hold, reflecting a clearer shift toward caution. Individual price forecasts currently span a wide range, stretching from $445 at the low end to $638 at the top.

The revised average price target represents roughly 11% potential upside based on the stock's closing price of October 16. The downgrade in sentiment comes as the stock dropped 3.59% in recent trading to around $482.80 per share. Among the 16 tracking analysts, 6 maintain a Buy rating, 8 recommend a Hold, and 2 issue a Sell rating.

Investors will be paying close attention to whether future financial results can help Ameriprise Financial re-engage growth momentum and close the gap toward the $556.10 price target. Market participants will also watch for further revisions as analysts reassess their valuation models and sector outlooks.

Key points

  • Analysts reduced the average 12-month price target for Ameriprise Financial, Inc. (AMP) from $568.60 to $556.10.
  • The consensus rating shifted to Hold across 16 covering analysts, consisting of 6 Buys, 8 Holds, and 2 Sells.
  • Individual analyst price target estimates range from $445 to $638 per share.
  • The updated price target implies about 11% potential upside based on the October 16 closing price.
  • Shares of Ameriprise Financial dropped 3.59% today to $482.80.

Written by our AI from expert market sources across the web. It can contain mistakes: check the facts before acting on them. Write-ups powered by the free AI API at FreeTheAI.org

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Questions and answers

What is the new average price target for Ameriprise Financial?

Ten analysts set an average 12-month price target of $556.10 for Ameriprise Financial, Inc., down from the previous target of $568.60. The forecasts range from $445 to $638 per share.

What is the consensus analyst rating for Ameriprise Financial stock?

The consensus rating for Ameriprise Financial, Inc. shifted to Hold among 16 covering analysts, comprising 6 Buy ratings, 8 Hold ratings, and 2 Sell ratings.

How much potential upside does the updated price target imply for Ameriprise Financial?

Based on the October 16 closing price, the revised average price target of $556.10 implies approximately 11% potential upside.