Ameriprise Financial Inc Hits 20-Day High on Tax Legislation News
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 10 Dec 25
Source: Yahoo Finance
Ameriprise Financial Inc's stock rose by 3.01%, reaching a 20-day high amid favorable market conditions.
The recent tax legislation offers significant savings opportunities for retirees, which could enhance Ameriprise's client base and service offerings. CEO Erin Scannell highlighted the firm's competitive advantage in helping clients save on taxes, further solidifying its market position.
This positive development may lead to increased client engagement and potential growth in assets under management, reflecting the firm's ability to adapt to changing market dynamics.
Analyst Views on AMP
Wall Street analysts forecast AMP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AMP is 540.00 USD with a low forecast of 434.00 USD and a high forecast of 653.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
4 Buy
4 Hold
2 Sell
Hold
Current: 521.360
Low
434.00
Averages
540.00
High
653.00
Current: 521.360
Low
434.00
Averages
540.00
High
653.00
About AMP
Ameriprise Financial, Inc. is a diversified financial services company. The Company’s segments include Advice & Wealth Management, Asset Management, Retirement & Protection Solutions and Corporate & Other. The Advice & Wealth Management segment provides financial planning and advice, as well as full-service brokerage services, primarily to retail clients through the Company’s advisors. The Asset Management segment provides investment management, advice and products to retail, high net worth and institutional clients on a global scale through the Columbia Threadneedle Investments brand. It provides institutional products and services through its institutional sales force. The Retirement & Protection Solutions segment includes retirement solutions (variable annuities and payout annuities) and protection solutions (life and disability income insurance). Retirement Solutions provides variable annuity products by RiverSource Life companies to individual clients.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
