The leading market experts have placed a mean price target of $109.50 on AMERIPRISE FINANCIAL SERVICES, INC. (NYSE:AMP) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $2.48 a share for the upcoming quarter and $9.36 for the current fiscal.
The technical analysis of Ameriprise Financial, Inc. Comm plainly substantiates that the 50-day moving average of Ameriprise Financial, Inc. Comm is $95.03, and stock is trading $2.82 points away or +2.97% from its 50-day moving average of $95.03. Further it is trading $4.04 or +4.30% away its 200-day moving average of $93.81. AMERIPRISE FINANCIAL SERVICES, INC. (NYSE:AMP) 52-week high is $120.29 and the 52-week low is $76.00.
This explains if the stock moves $-22.44, it will post a 52-week high. In event of +28.75% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Ameriprise Financial, Inc. Comm, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, AMERIPRISE FINANCIAL SERVICES, INC. (NYSE:AMP) ratio came in at 11.87.
The stock last ended the trading session at $97.85 and registered a market cap of $15.79B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. AMERIPRISE FINANCIAL SERVICES, INC. (NYSE:AMP) PEG ratio is at 1.25.
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