American Express Company with ticker code (AXP) have now 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 220 and 155 and has a mean target at 195.52. Given that the stocks previous close was at 184.04 this indicates there is a potential upside of 6.2%. The 50 day MA is 167.11 and the 200 moving average now moves to 167.11. The market capitalisation for the company is $141,432m. Company Website: https://www.americanexpress.com
The potential market cap would be $150,254m 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.
