Ameriprise Financial stock sits 27.40 percent below Jefferies target

Published on 10/17/2026 at 21:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The 52-week range was USD 422.37 to USD 572.56 on October 16, 2026. Ameriprise Financial stock traded at USD 500.80 on October 16, down 0.35 percent versus the prior close.

Analyst target and valuation

On October 13, 2026, Jefferies set a USD 638.00 target, 27.40 percent above the stock price.
Ameriprise Financial had a P/E ratio of 12.08 on October 16, 2026.
Ameriprise Financial stock last traded at USD 500.80 at 4:00 p.m. ET on October 16, 2026, down 0.35 percent versus the prior close.
Ameriprise Financial had a market capitalization of USD 44.2 billion on October 16, 2026.

Overhead-Flatlay mit Aktienzertifikat ISIN-Karte Kompass Lupe und Goldmünzen auf Marmor — Ameriprise Financial Inc. US03076C1062 Flatlay Stillleben mit Aktienzertifikat Füllfeder Kompass Lupe und Goldmünzen, Illustration mit AI erstellt.

Jefferies cut its Ameriprise Financial target from USD 645.00 to USD 638.00 in a research note dated October 13, 2026, leaving the target 27.40 percent above the stock's USD 500.80 price. MarketBeat reported the change. Ameriprise Financial stock last traded at USD 500.80 on October 16, 2026, at 4:00 p.m. ET, down 0.35 percent versus the prior close.

The target remains above the price

The distance to the Jefferies target is the clearest valuation signal in the latest analyst coverage. The USD 638.00 objective is 27.40 percent above USD 500.80, calculated in the same currency and against the last traded price.

Ameriprise Financial's price-to-earnings ratio was 12.08 on October 16, 2026. Its dividend yield was 1.00 percent, while the market capitalization stood at USD 44.2 billion. These figures put the stock's valuation in a more concrete frame than the target change alone.

Price position within the yearly range

The 52-week range ran from USD 422.37 to USD 572.56 as of October 16, 2026. At USD 500.80, the stock stood 12.53 percent below the high and 18.57 percent above the low. The range shows that the latest price is closer to the upper end than to the annual floor.

The latest price also provides a clean reference for the analyst target. A move to USD 638.00 would require a gain of 27.40 percent from USD 500.80, while a return to the 52-week high would require 14.33 percent.

Comparison with peers

Ameriprise Financial (NYSE, USD): minus 0.35 percent, P/E 12.08, market capitalization USD 44.2 billion

BlackRock (NYSE, USD): plus 1.21 percent, P/E 25.79, market capitalization USD 175.7 billion

T. Rowe Price Group (NYSE, USD): minus 0.39 percent, P/E 10.13, market capitalization USD 21.5 billion

What the valuation data show

Ameriprise Financial combines a lower reported P/E than BlackRock with a higher P/E than T. Rowe Price Group. Its market value is also below BlackRock's and above T. Rowe Price Group's, creating a three-company comparison across valuation and scale without relying on a single target.

The next market session will give investors a fresh test of the USD 500.80 level and the gap to the USD 638.00 Jefferies target.