Jefferies cuts target for Ameriprise Financial stock to USD 638.00
Published on 10/15/2026 at 20:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- Jefferies cut its Ameriprise Financial target from USD 645.00 to USD 638.00 on October 13, 2026, leaving 28.23 percent upside to the NYSE price.
- Ameriprise Financial plans to publish third-quarter 2026 results on October 29, 2026.
- Ameriprise Financial stock costs EUR 443.05 at Lang & Schwarz on October 15, 2026 at 8:11 p.m. CEST, with the Nasdaq listing up 0.35 percent on the day.
- Ameriprise Financial carried a P/E ratio of 12.00 and a market capitalization of USD 44.0 billion on October 15, 2026.
Ameriprise Financial (ISIN US03076C1062) faced a lower price target from Jefferies on October 13, 2026, as the firm cut its target from USD 645.00 to USD 638.00. The new target stood 28.23 percent above the NYSE price of USD 497.58 on October 15, based on MarketBeat. Ameriprise Financial was at EUR 443.05 at Lang & Schwarz on October 15, 2026 at 8:11 p.m. CEST, while its Nasdaq listing was up 0.35 percent on the day.
October 29 brings the next report
The next scheduled company date is October 29, 2026. Ameriprise Financial plans to release its third-quarter results at about 8:15 a.m. ET and hold an investor call at about 9:00 a.m. ET, according to the company's investor-relations release dated September 24, 2026, available from Ameriprise Financial. The date gives investors a defined checkpoint after the latest target revision.
Stock stays below the yearly high
On October 15, the NYSE price of USD 497.58 stood 13.07 percent below the 52-week high of USD 572.56 and 17.81 percent above the low of USD 422.37. The stock was up 2.10 percent year to date, while volume reached 209,584 shares against an average of 531,739 shares.
The latest reported second-quarter figures provide a profitability reference. Ameriprise Financial posted USD 1.113 billion in net income attributable to common shareholders and diluted earnings per share of USD 11.98 for the quarter ended June 30, 2026. Total assets stood at USD 197.871 billion at the same date.
Valuation and peer comparison
Ameriprise Financial had a market capitalization of USD 44.0 billion and a P/E ratio of 12.00 on October 15, 2026. Its valuation sat between the two asset-management peers listed below, with the comparison using same-day market data.
Comparison with peers on October 15, 2026
Ameriprise Financial (NYSE, USD): plus 0.35 percent, P/E 12.00, market capitalization USD 44.0 billion
T. Rowe Price Group (NASDAQ, USD): plus 1.55 percent, P/E 10.15, market capitalization USD 21.6 billion
Ares Management (NYSE, USD): plus 0.67 percent, P/E 47.02, market capitalization USD 37.2 billion
Euro price and trading position
Ameriprise Financial was at EUR 443.05 at Lang & Schwarz on October 15, 2026 at 8:11 p.m. CEST. The Nasdaq listing was up 0.35 percent on the day, giving the euro quote a late-session market reference for investors in Germany. The stock's next major scheduled date is October 29, 2026.
The further course of trading is shown by the continuously updated real-time quote of Ameriprise Financial stock.
Ameriprise Financial stock facts
- Company: Ameriprise Financial, Inc.
- ISIN: US03076C1062
- Ticker: AMP
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 15, 2026, 8:11 p.m. CEST): EUR 443.05
- Change on Nasdaq: plus 0.35 percent
- Market capitalization: USD 44.0 billion (as of October 15, 2026)
- 52-week range: USD 422.37-572.56 (as of October 15, 2026)
- Sector / Industry: Financial Services / Asset Management
Market context: Market report S&P 500.
