American Express Company found using ticker (AXP) have now 25 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 230 and 146 and has a mean target at 198.44. Given that the stocks previous close was at 154 this would indicate that there is a potential upside of 28.9%. The day 50 moving average is 177.22 and the 200 moving average now moves to 173.17. The company has a market capitalisation of $115,399m. Visit the company website at: https://www.americanexpress.com
The potential market cap would be $148,700m based on the market concensus.
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.
