American Express Company which can be found using ticker (AXP) have now 24 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 220 and 149 with the average target price sitting at $187.05. Given that the stocks previous close was at $160.73 this is indicating there is a potential upside of 16.4%. The 50 day moving average now sits at $167.31 and the 200 day moving average is $154.32. The market cap for the company is $119,614m. Visit the company website at: https://www.americanexpress.com
The potential market cap would be $139,201m based on the market consensus.
American Express Company, together with its subsidiaries, provides charge and credit payment card products, and travel-related services worldwide. The company operates through three segments: Global Consumer Services Group, Global Commercial Services, and Global Merchant and Network Services. Its products and services include payment and financing products; network services; accounts payable expense management products and services; and travel and lifestyle services. The company’s products and services also comprise merchant acquisition and processing, servicing and settlement, point-of-sale marketing, and information products and services for merchants; and fraud prevention services, as well as the design and operation of customer loyalty programs. It sells its products and services to consumers, small businesses, mid-sized companies, and large corporations through mobile and online applications, third-party vendors and business partners, direct mail, telephone, in-house sales teams, and direct response advertising. American Express Company was founded in 1850 and is headquartered in New York, New York.
The company has a dividend yield of 1.53% with the ex dividend date set at 5-4-2023 (DMY).
Other points of data to note are a P/E ratio of 15.89, revenue per share of 67.48 and a 3.61% return on assets.
