BMO cuts target to USD 520 for Ameriprise Financial stock

Published on 10/08/2026 at 17:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter earnings per share reached USD 11.07 against USD 10.81 expected. Ameriprise Financial stock costs EUR 437.10 on October 8, 2026, plus 0.55 percent versus its prior close.

Key points in brief

BMO Capital Markets lowered its Ameriprise Financial price target from USD 560.00 to USD 520.00 on October 6, 2026.
Ameriprise reported USD 11.07 quarterly earnings per share against USD 10.81 expected for the second quarter of 2026.
The Lang & Schwarz quote was EUR 437.10 on October 8, 2026, plus 0.55 percent versus the prior close.
Ameriprise has scheduled third-quarter 2026 results and its investor conference call for October 29, 2026.

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Ameriprise Financial (ISIN US03076C1062) faced a lower BMO Capital Markets price target of USD 520.00 versus USD 560.00 on October 6, 2026, while the brokerage maintained its market perform rating, according to MarketBeat. Ameriprise stock was trading at EUR 437.10 at Lang & Schwarz on October 8, 2026 at 5:00 p.m. CEST, up 0.55 percent versus its prior close.

Three dated signals shape Ameriprise

On September 29, 2026, Ameriprise authorized a USD 5.50 billion share-repurchase program, according to MarketBeat. On October 5, 2026, Bank of America Securities reaffirmed a Buy rating and set a USD 570.00 target, as reported by Markets Insider. On October 6, 2026, BMO cut its target to USD 520.00 from USD 560.00, the most recent of the three signals.

What does the target cut mean?

The BMO reduction equals 7.14 percent from USD 560.00 to USD 520.00, but the rating stayed at market perform. MarketBeat also cited a USD 559.80 consensus target and a Moderate Buy consensus, leaving a wide gap between the latest BMO view and the broader target.

Second-quarter earnings beat estimates

Ameriprise reported USD 11.07 earnings per share for the second quarter of 2026, above the USD 10.81 consensus estimate, while revenue reached USD 4.90 billion against USD 4.87 billion expected, according to MarketBeat. Revenue increased 11.60 percent from the same quarter a year earlier, giving the target cut a stronger operating backdrop than the rating change alone suggests.

Two October 29 milestones

Ameriprise plans to publish its third-quarter 2026 results before the market opens on October 29, 2026, then hold its investor conference call at 9:00 a.m. ET, according to Ameriprise Financial. The date gives investors the next defined checkpoint for earnings per share, revenue and management commentary.

Euro quote stays above prior close

At Lang & Schwarz, Ameriprise stock was trading at EUR 437.10 on October 8, 2026 at 5:00 p.m. CEST, plus 0.55 percent versus the prior close of EUR 434.70 on October 7, 2026. The primary listing is on the NYSE, where the finance-services group had a market capitalization of USD 44.0 billion and a 52-week range of USD 422.37 to USD 572.56 as of October 8, 2026. The further course of trading is shown by the continuously updated real-time quote of Ameriprise Financial stock.