American Express Company (AXP) - Barclays Holds Rating And Sets New Price Target

They now have a $93.00 target price on the payment services company's stock, up from their prior target price of $85.00. During the same period in the previous year, the company earned $1.24 EPS. Piper Jaffray Cos. restated a "hold" rating and issued a $71.00 target price on shares of American Express in a research report on Wednesday, September 7th. Bank of America upgraded the shares of AXP in report on Monday, January 9 to "Buy" rating.

Analysts often use a variety of terms-buy, strong buy, near-term or long-term accumulate, near-term or long-term over-perform or under-perform, neutral, hold-to describe their recommendations. Marathon Asset Management Llp acquired 359,572 shares as American Express Co (AXP)'s stock declined 3.65%. Of the analysts who provided ratings, 8 rated the company a Hold, 2 rated it a Strong Sell, and 5 rated it a Strong Buy. KeyCorp also issued estimates for American Express' Q4 2017 earnings at $1.54 EPS, Q1 2018 earnings at $1.47 EPS, Q2 2018 earnings at $1.61 EPS, Q3 2018 earnings at $1.57 EPS and Q4 2018 earnings at $1.70 EPS.

What Historical Figures Say About American Express Company (NYSE: AXP)? These shares are worth $926,327 and were traded at $90.55 each. The stock's last price was higher from the average trading price of 50 days recorded at $87.86 while enlarging the period to 200 trading days, the average price was $81.81. The stock was trading at a distance of -0.88% from its 52-week highs and stands 42.90% away from its 52-week lows. The most recent short interest data show 1.8% of the company's stock are short sold. A month ago, analyst EPS consensus estimated earnings of US$1.47 per share. The company had revenue of $8.44 billion for the quarter, compared to analyst estimates of $8.31 billion. Oppenheimer upgraded American Express Company (NYSE:AXP) on Tuesday, January 10 to "Outperform" rating. Analysts expect next quarter's EPS will be $1.53 and the next full year EPS is anticipated to be $6.47. In the latest earnings report the EPS was $4.88 and is estimated to be $5.74 for the current year with 883,979,000 shares now outstanding.

TRADEMARK VIOLATION WARNING: This piece of content was first posted by TrueBlueTribune and is owned by of TrueBlueTribune. If you are reading this report on another domain, it was copied illegally and reposted in violation of United States & worldwide copyright and trademark legislation. $237,720 worth of American Express Company (NYSE:AXP) shares were sold by Buckminster Douglas E.

American Express Company value Change from Open was at 0.93% with a Gap of -1.47%. Following the completion of the sale, the insider now owns 298,910 shares of the company's stock, valued at approximately $21,605,214.80. American Express Company (NYSE:AXP) earnings have risen with a quarterly rate of 0.3% over the last 5 years. An ROI of 4.20% for American Express Company evaluates and compares the efficiency of the various numbers of investments relative to the cost of investments. The firm has "Sell" rating given on Thursday, October 19 by Credit Suisse. At present, the PEG is valued at 1.64 alongside the P/S ratio of 2.51 and P/B ratio of 3.87. American Express's dividend payout ratio (DPR) is 26.97%. The shares were sold at an average price of $84.39, for a total value of $506,340.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Gold Star Family Shares Recording Of Phone Call From President Trump
The release of the call came as controversy continues over the contents of a call Trump made to the widow of Army Sgt. De Alencar's conversation with the president lasted about five minutes, President Trump showed how much he cared.

Successfully tackling the equity markets may involve owning a wide range of stocks. The disclosure for this sale can be found here.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Natixis Asset Management has invested 0.29% in American Express Company (NYSE:AXP). Mycio Wealth Partners LLC now owns 1,638 shares of the payment services company's stock worth $100,000 after buying an additional 65 shares during the last quarter. Farmers & Merchants Trust Co of Chambersburg PA lifted its holdings in American Express by 30.4% during the 2nd quarter. This repurchase authorization allows the payment services company to buy up to 5.9% of its shares through open market purchases. The stock of CVS Health Corp (NYSE:CVS) has "Outperform" rating given on Wednesday, August 5 by RBC Capital Markets. Finally, Alpha Windward LLC boosted its position in American Express by 1.3% in the third quarter. Motco now owns 1,815 shares of the payment services company's stock worth $116,000 after buying an additional 436 shares during the last quarter.

Investors may be trying to find stocks that are building momentum.

American Express Company, together with its subsidiaries, is a global services company. The Business's principal products and services are charge and credit card products, and travel-related services offered to consumers and businesses around the world. Its segments include the U.S. Consumer Services (USCS), International Consumer and Network Services (ICNS), Global Commercial Services (GCS) and Global Merchant Services (GMS).

Related Articles