American Express Company Stock Rating Reaffirmed by JPMorgan Chase & Co. (AXP)
American Express Company (NYSE:AXP)‘s stock had its “underweight” rating restated by analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Wednesday. They currently have a $95.00 target price on the stock, up from their previous target price of $82.00. JPMorgan Chase & Co.’s target price points to a potential upside of 0.58% from the stock’s previous close.
American Express Company (NYSE:AXP) traded up 0.15% on Wednesday, hitting $94.59. The stock had a trading volume of 1,536,150 shares. American Express Company has a one year low of $71.47 and a one year high of $96.24. The stock’s 50-day moving average is $94.19 and its 200-day moving average is $90.12. The company has a market cap of $100.3 billion and a price-to-earnings ratio of 18.67.
AXP has been the subject of a number of other recent research reports. Analysts at Credit Suisse raised their price target on shares of American Express Company from $75.00 to $85.00 in a research note on Monday. Separately, analysts at Burke & Quick initiated coverage on shares of American Express Company in a research note on Thursday, July 10th. They set a “market perform” rating on the stock. Finally, analysts at Keefe, Bruyette & Woods raised their price target on shares of American Express Company from $98.00 to $113.00 in a research note on Thursday, July 10th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and nine have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $94.61.
American Express Company (NYSE:AXP) is a global service company.
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