At the time of writing, Ameriprise Financial Inc [AMP] stock is trading at $561.31, down -0.48%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The AMP shares have gain 9.21% over the last week, with a monthly amount glided 11.29%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Ameriprise Financial Inc [NYSE: AMP] stock has seen the most recent analyst activity on September 26, 2024, when Goldman downgraded its rating to a Neutral and also revised its price target to $476 from $485. On January 04, 2024, downgrade downgraded it’s rating to In-line and revised its price target to $400 on the stock. Goldman upgraded its rating to a Buy and increased its price target to $452 on January 03, 2024. Keefe Bruyette downgraded its rating to Mkt Perform for this stock on December 19, 2022, but kept the price target unchanged to $325. In a note dated September 07, 2022, BofA Securities initiated an Buy rating and provided a target price of $336 on this stock.
For the past year, the stock price of Ameriprise Financial Inc fluctuated between $333.96 and $569.47. Currently, Wall Street analysts expect the stock to reach $454.57 within the next 12 months. Ameriprise Financial Inc [NYSE: AMP] shares were valued at $561.31 at the most recent close of the market. An investor can expect a potential drop of -19.02% based on the average AMP price forecast.
Analyzing the AMP fundamentals
According to Ameriprise Financial Inc [NYSE:AMP], the company’s sales were 17.51B for trailing twelve months, which represents an 12.02% jump. Gross Profit Margin for this corporation currently stands at 0.51% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.43 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.63.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 557.78 points at the first support level, and at 554.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 563.64, and for the 2nd resistance point, it is at 565.97.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 3.11, the price to book ratio is 9.55 and price to earnings (TTM) ratio is 21.55.
Transactions by insiders
Recent insider trading involved Walter Stanley Berman, Officer, that happened on Nov 11 ’24 when 8655.0 shares were purchased. Officer, James M. Cracchiolo completed a deal on Nov 11 ’24 to buy 8638.0 shares. Meanwhile, Officer Joseph Edward Sweeney bought 10735.0 shares on Nov 08 ’24.
