Ameriprise Financial (NYSE:AMP) had its target price lifted by UBS AG from $90.00 to $101.00 in a research note released on Thursday morning, Analyst Ratings.Net reports. They currently have a buy rating on the stock.
Shares of Ameriprise Financial (NYSE: AMP) traded down 0.65% during mid-day trading on Thursday, hitting $87.61. Ameriprise Financial has a 52 week low of $50.00 and a 52 week high of $88.26. The stock’s 50-day moving average is currently $83.. The company has a market cap of $17.391 billion and a P/E ratio of 15.45.
The company also recently announced a quarterly dividend, which is scheduled for Friday, August 16th. Investors of record on Monday, August 5th will be paid a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 2.37%. The ex-dividend date is Thursday, August 1st.
Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital raised their price target on shares of Ameriprise Financial from $80.00 to $89.00 in a research note to investors on Thursday. They now have an outperform rating on the stock. Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of Ameriprise Financial from $93.00 to $95.00 in a research note to investors on Thursday, July 18th. They now have an outperform rating on the stock. Finally, analysts at Sandler O’Neill raised their price target on shares of Ameriprise Financial from $77.00 to $86.00 in a research note to investors on Friday, July 12th.
One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of $90.40.
Ameriprise Financial, Inc (NYSE: AMP) is a holding company primarily engaged in business through its subsidiaries.