American Express Company with ticker code (AXP) have now 24 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 220 and 149 with a mean TP of 187.05. With the stocks previous close at 175.14 this would imply there is a potential upside of 6.8%. The day 50 moving average is 160.88 and the 200 day MA is 153.58. The company has a market capitalisation of $129,676m. Company Website: https://www.americanexpress.com
The potential market cap would be $138,494m 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.
