2. As of noon trading, Ameriprise Financial ( AMP) is down $0.33 (-0.5%) to $61.57 on light volume Thus far, 278,922 shares of Ameriprise Financial exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $61.44-$61.89 after having opened the day at $61.78 as compared to the previous trading day's close of $61.90.

Ameriprise Financial Inc., through its subsidiaries, provides a range of financial products and services in the United States and internationally. Ameriprise Financial has a market cap of $12.7 billion and is part of the financial sector. The company has a P/E ratio of 16.9, below the S&P 500 P/E ratio of 17.7. Shares are up 23.9% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Ameriprise Financial a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Ameriprise Financial as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Ameriprise Financial Ratings Report now.

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