American Express Now Covered by Analysts at UBS AG (AXP)
Stock analysts at UBS AG began coverage on shares of American Express (NYSE:AXP) in a report issued on Monday, TheFlyOnTheWall.com reports. The firm set a “neutral” rating on the stock.
A number of other analysts have also recently weighed in on AXP. Analysts at Barclays reiterated an “equal weight” rating on shares of American Express in a research note to investors on Friday. They now have a $93.00 price target on the stock, up previously from $83.00. Separately, analysts at TheStreet reiterated a “buy” rating on shares of American Express in a research note to investors on Sunday, January 5th. Finally, analysts at TheStreet reiterated a “buy” rating on shares of American Express in a research note to investors on Friday, December 27th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have issued a buy rating to the stock. American Express currently has an average rating of “Hold” and a consensus price target of $77.45.
American Express (NYSE:AXP) traded down 1.76% on Monday, hitting $86.99. 5,641,388 shares of the company’s stock traded hands. American Express has a 1-year low of $58.70 and a 1-year high of $91.08. The stock has a 50-day moving average of $86.69 and a 200-day moving average of $79.09. The company has a market cap of $93.427 billion and a P/E ratio of 20.94.
American Express Company (NYSE:AXP) is a global service company.
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