Bank of America Securities analyst Craig Siegenthaler maintained a Buy rating on Ameriprise Financial yesterday and set a price target of $599.00. The company’s shares closed yesterday at $486.60.
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According to TipRanks, Siegenthaler is a top 100 analyst with an average return of 20.4% and a 66.12% success rate. Siegenthaler covers the Financial sector, focusing on stocks such as Affiliated Managers, Ares Management, and Janus Henderson Group.
Currently, the analyst consensus on Ameriprise Financial is a Hold with an average price target of $546.00.
The company has a one-year high of $582.05 and a one-year low of $396.14. Currently, Ameriprise Financial has an average volume of 463.4K.
Based on the recent corporate insider activity of 67 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AMP in relation to earlier this year. Last month, HEATHER J. MELLOH, the EVP & GC of AMP sold 1,500.00 shares for a total of $768,495.00.