Peeling Back The Layers: Exploring Ameriprise Finl Through Analyst Insights
Across the recent three months, 7 analysts have shared their insights on Ameriprise Finl (NYSE:AMP), expressing a variety of opinions spanning from bullish to bearish.
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 | 1 | 1 | 3 | 2 | 0 |
| Last 30D | 0 | 0 | 0 | 1 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 1 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 1 | 3 | 1 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $437.29, a high estimate of $480.00, and a low estimate of $387.00. This upward trend is evident, with the current average reflecting a 6.29% increase from the previous average price target of $411.43.
Deciphering Analyst Ratings: An In-Depth Analysis
The standing of Ameriprise Finl among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| John Barnidge | Piper Sandler | Lowers | Underweight | $387.00 | $390.00 |
| 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 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Ameriprise Finl. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Ameriprise Finl compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Ameriprise Finl's stock. This examination reveals shifts in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Ameriprise Finl's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Ameriprise Finl analyst ratings.
About 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: A Financial Overview
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: Over the 3 months period, Ameriprise Finl showcased positive performance, achieving a revenue growth rate of 10.8% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
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): Ameriprise Finl's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 20.61%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Ameriprise Finl's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.56%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Ameriprise Finl's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.17.
The Significance of Analyst Ratings Explained
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.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.