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Bank of America Securities Reaffirms Their Buy Rating on Ameriprise Financial (AMP)

Tipranks - Tue Oct 6, 6:04AM CDT

Bank of America Securities analyst Craig Siegenthaler reiterated a Buy rating on Ameriprise Financial today and set a price target of $570.00.

Siegenthaler covers the Financial sector, focusing on stocks such as Affiliated Managers, Ares Management, and Ameriprise Financial. According to TipRanks, Siegenthaler has an average return of 13.0% and a 55.22% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ameriprise Financial with a $572.22 average price target.

Based on Ameriprise Financial’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $5.01 billion and a net profit of $1.11 billion. In comparison, last year the company earned a revenue of $4.49 billion and had a net profit of $1.06 billion

Based on the recent corporate insider activity of 62 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. Most recently, in August 2026, Dawn M. Brockman, the SVP & Controller of AMP sold 472.00 shares for a total of $263,814.96.

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