In the latest quarter, 7 analysts provided ratings for Ameriprise Finl AMP, showcasing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing 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 | 2 | 3 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 2 | 0 | 1 | 0 | 0 |
| 2M Ago | 0 | 0 | 1 | 0 | 0 |
| 3M Ago | 0 | 1 | 1 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $410.0, a high estimate of $452.00, and a low estimate of $365.00. This upward trend is evident, with the current average reflecting a 8.18% increase from the previous average price target of $379.00.
Diving into Analyst Ratings: An In-Depth Exploration
The standing of Ameriprise Finl among financial experts becomes clear with a thorough analysis 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 |
|---|---|---|---|---|---|
| Kenneth Lee | RBC Capital | Raises | Outperform | $420.00 | $410.00 |
| Brennan Hawken | UBS | Raises | Buy | $440.00 | $375.00 |
| Thomas Gallagher | Evercore ISI Group | Raises | In-Line | $400.00 | $385.00 |
| Alexander Blostein | Goldman Sachs | Announces | Buy | $452.00 | - |
| Michael Cyprys | Morgan Stanley | Raises | Equal-Weight | $383.00 | $365.00 |
| Nigel Dally | Morgan Stanley | Raises | Equal-Weight | $365.00 | $360.00 |
| Kenneth Lee | RBC Capital | Maintains | Outperform | $410.00 | - |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Ameriprise Finl. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Ameriprise Finl compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of Ameriprise Finl's stock. This analysis reveals shifts in analysts' expectations over time.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Ameriprise Finl's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Ameriprise Finl analyst ratings.
Delving into Ameriprise Finl's Background
Ameriprise Financial has emerged is a major player in the U.S. market for asset and wealth management, with around $1.3 trillion in total assets under management and advisement at the end of the second quarter of 2023. Ameriprise has one of the largest branded advisor networks in the industry, and 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 discontinuing the sale of its proprietary fixed annuities in 2020. Around 90% of the company's pretax earnings are from the United States.
Unraveling the Financial Story of Ameriprise Finl
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Revenue Growth: Ameriprise Finl's remarkable performance in 3 months is evident. As of 30 September, 2023, the company achieved an impressive revenue growth rate of 12.66%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.
Net Margin: Ameriprise Finl's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 22.22%, the company may encounter 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 22.06%, 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 0.52%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.56, caution is advised due to increased financial risk.
How Are Analyst Ratings Determined?
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and 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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