American Express Company – Consensus Indicates Potential 5.7% Upside

Broker Ratings
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American Express Company found using ticker (AXP) now have 24 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 240 and 155 and has a mean target at 199. Now with the previous closing price of 188.35 this would imply there is a potential upside of 5.7%. The 50 day moving average now sits at 176.09 and the 200 day MA is 169.89. The company has a market capitalisation of $147,095m. You can visit the company’s website by visiting: https://www.americanexpress.com

The potential market cap would be $155,412m 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.

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