Is Wall Street Bullish or Bearish on Ameriprise Financial Stock?

Valued at a market cap of $48.9 billion, Ameriprise Financial, Inc. (AMP) is a diversified financial services company operating in the United States and internationally. The firm provides financial planning, investment management, and insurance solutions through its Advice & Wealth Management, Asset Management, and Retirement & Protection Solutions segments.

The Minneapolis, Minnesota-based company's shares have outperformed the broader market over the past 52 weeks. AMP stock has increased nearly 18% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 15.2%. However, shares of the company are down 2.7% on a YTD basis, lagging behind SPX’s 10.2% gain.