American Express (NYSE: AXP) had its target price increased by Janney Montgomery Scott from $63.00 to $64.00 in a research note issued to investors on Tuesday.
A number of other firms have also recently commented on AXP. Analysts at FBR Capital reiterated a market perform rating on shares of American Express in a research note to investors on Tuesday. They now have a $62.00 price target on the stock. Separately, analysts at Guggenheim reiterated a neutral rating on shares of American Express in a research note to investors on Tuesday, February 12th. They now have a $63.00 price target on the stock. Finally, analysts at Argus raised their price target on shares of American Express from $65.00 to $75.00 in a research note to investors on Monday, February 11th. They now have a buy rating on the stock.
Twelve investment analysts have rated the stock with a buy rating, fourteen have given a hold rating, and three have issued a sell rating to the stock. The stock has an average rating of overweight and an average target price of $64.97.
Shares of American Express traded down 0.45% during mid-day trading on Tuesday, hitting $61.63. American Express has a one year low of $51.54 and a one year high of $62.76. The stock’s 50-day moving average is currently $60.45. The company has a market cap of $68.101 billion and a P/E ratio of 15.92.
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