American Express Company with ticker code (AXP) now have 24 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 230 and 155 calculating the average target price we see 199.83. Now with the previous closing price of 190.72 this would indicate that there is a potential upside of 4.8%. The 50 day moving average now sits at 179.6 and the 200 moving average now moves to 171.19. The company has a market capitalisation of $144,657m. Company Website: https://www.americanexpress.com
The potential market cap would be $151,567m 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 lude 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.
