Ameriprise Financial (AMP) appears to be generating significant industry interest in response to its recent activities and performance. Its valuation has been upgraded by analysts, possibly due to its expansion of advisors, which indicates growing confidence in AMP. Additionally, BMO Capital has initiated coverage of the company and with a mixed message of market perform rating.
Several experienced advisory teams managing hundreds of millions in assets have transitioned to Ameriprise for increased flexibility, independence, and support. The recent addition of >$300 Million assets indicates Ameripriseβs growing appeal in the financial planning market.
Despite weak jobs report and economic uncertainty, Analysts have maintained a strong valuation perspective towards AMP, with several issuing promising buy ratings and raising target prices. However, Morgan Stanley shows less optimism, maintaining its sell rating on AMP.
Ameriprise's Q2 financial results showed an increase in client assets and many expect a modest earnings growth for the next quarter. Nonetheless, slight weaknesses allude following some insiders selling substantial portions of their stocks. Despite this, Ameriprise has still been recognized for its contribution towards the financial services industry by Newsweek and Forbes.
Ameriprise Financial AMP News Analytics from Wed, 29 Jan 2025 08:00:00 GMT to Fri, 03 Oct 2025 21:11:53 GMT - Rating 6 - Innovation 3 - Information 7 - Rumor -2
