American Express Price Target Raised to $65.00 at Sanford C. Bernstein (AXP)
American Express (NYSE: AXP) opened at 65.78 on Friday. American Express has a 1-year low of $53.02 and a 1-year high of $66.43. The stock’s 50-day moving average is currently $62.42. The company has a market cap of $72.664 billion and a price-to-earnings ratio of 16.91.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase raised their price target on shares of American Express to $63.00 in a research note to investors on Tuesday, March 12th. They now have an underweight rating on the stock. Separately, analysts at Janney Montgomery Scott reiterated a neutral rating on shares of American Express in a research note to investors on Friday, March 8th. They now have a $64.00 price target on the stock. Finally, analysts at TheStreet reiterated a buy rating on shares of American Express in a research note to investors on Thursday, March 7th.
Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus target price of $64.67.
American Express Company (NYSE: AXP) is a global service company. Its principal products and services are charge and credit payment card products and travel-related services offered to consumers and businesses worldwide.
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