For its first fiscal quarter (ending March 31), Ameriprise Financial Inc (NYSE: AMP) has reported E.P.S. of $9.63 compared to $3.86 a year ago. E.P.S. were $29.94 for the latest four quarters through March 31 versus $24.89 for the same period a year ago.
Recent Price Action
On 4/22/24, Ameriprise Financial Inc (NYSE: AMP) stock increased 1.0%, closing at $421.38. This advance was accompanied by normal trading volume. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 1.9% during the last week.
Current PriceTarget Research Rating
AMP is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Ameriprise Financial has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Ameriprise Financial has a good Appreciation Score of 72 and a very high Power Rating of 89, with the Highest Value Trend Rating the result.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
Be the first to comment