American Express (NYSE:AXP)‘s stock had its “neutral” rating restated by Zacks in a research note issued on Monday, Analyst RN reports. They currently have a $90.00 price target on the stock. Zacks‘ target price suggests a potential upside of 4.90% from the stock’s previous close.
AXP has been the subject of a number of other recent research reports. Analysts at TheStreet reiterated a “buy” rating on shares of American Express in a research note to investors on Monday, November 18th. Separately, analysts at Nomura reiterated a “buy” rating on shares of American Express in a research note to investors on Tuesday, November 12th. They now have a $89.00 price target on the stock. Four research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $75.82.
American Express (NYSE:AXP) traded up 0.58% during mid-day trading on Monday, hitting $86.30. 1,628,244 shares of the company’s stock traded hands. American Express has a one year low of $55.47 and a one year high of $86.19. The stock has a 50-day moving average of $81.59 and a 200-day moving average of $76.61. The company has a market cap of $92.686 billion and a P/E ratio of 20.29.
American Express (NYSE:AXP) last posted its quarterly earnings results on Wednesday, October 16th. The company reported $1.25 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.22 by $0.03. The company had revenue of $8.30 billion for the quarter, compared to the consensus estimate of $8.22 billion. During the same quarter in the prior year, the company posted $1.09 earnings per share. The company’s quarterly revenue was up 5.6% on a year-over-year basis. On average, analysts predict that American Express will post $4.92 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, February 10th. Stockholders of record on Friday, January 10th will be paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 1.07%. The ex-dividend date is Wednesday, January 8th.
American Express Company (NYSE:AXP) is a global service company.
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