American Express (NYSE:AXP) Price Target Lowered to $375.00 at JPMorgan Chase & Co.

American Express (NYSE:AXP) had its price objective dropped by equities research analysts at JPMorgan Chase & Co. from $385.00 to $375.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm currently has a “neutral” rating on the payment services company’s stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 6.49% from the company’s current price.

Several other research analysts also recently weighed in on the stock. DZ Bank upgraded shares of American Express from a “sell” rating to a “hold” rating and set a $340.00 price target on the stock in a research report on Tuesday, October 21st. TD Cowen reissued a “hold” rating on shares of American Express in a report on Thursday, January 8th. Morgan Stanley set a $395.00 price objective on American Express in a report on Tuesday, January 20th. Credit Suisse Group set a $328.00 price objective on American Express in a research note on Monday, January 12th. Finally, Weiss Ratings raised shares of American Express from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, December 29th. Nine analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $353.50.

American Express Stock Performance

Shares of AXP stock opened at $352.14 on Monday. The stock has a fifty day moving average of $369.37 and a 200 day moving average of $344.06. The firm has a market capitalization of $242.57 billion, a price-to-earnings ratio of 22.88, a PEG ratio of 1.48 and a beta of 1.14. The company has a quick ratio of 1.66, a current ratio of 1.68 and a debt-to-equity ratio of 1.68. American Express has a 52 week low of $220.43 and a 52 week high of $387.49.

American Express (NYSE:AXP) last announced its quarterly earnings data on Friday, January 30th. The payment services company reported $3.53 earnings per share for the quarter, missing analysts’ consensus estimates of $3.54 by ($0.01). American Express had a return on equity of 33.49% and a net margin of 15.00%.The business had revenue of ($17,139.00) million during the quarter, compared to analysts’ expectations of $18.91 billion. During the same quarter last year, the company posted $3.04 EPS. American Express’s revenue for the quarter was up 10.5% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, research analysts expect that American Express will post 15.33 earnings per share for the current year.

Institutional Trading of American Express

Institutional investors have recently made changes to their positions in the business. Whelan Financial boosted its holdings in shares of American Express by 8.6% in the 4th quarter. Whelan Financial now owns 4,058 shares of the payment services company’s stock valued at $1,501,000 after acquiring an additional 322 shares during the last quarter. Fifth Third Bancorp grew its position in shares of American Express by 1.2% during the 4th quarter. Fifth Third Bancorp now owns 189,079 shares of the payment services company’s stock valued at $69,950,000 after acquiring an additional 2,305 shares during the period. Mutual Advisors LLC increased its position in shares of American Express by 4.9% in the fourth quarter. Mutual Advisors LLC now owns 7,710 shares of the payment services company’s stock valued at $2,852,000 after buying an additional 360 shares in the last quarter. Uptick Partners LLC acquired a new position in shares of American Express during the 4th quarter worth approximately $213,000. Finally, Total Clarity Wealth Management Inc. lifted its position in shares of American Express by 3.4% during the 4th quarter. Total Clarity Wealth Management Inc. now owns 874 shares of the payment services company’s stock valued at $323,000 after buying an additional 29 shares in the last quarter. Institutional investors and hedge funds own 84.33% of the company’s stock.

American Express Company Profile

American Express is a global financial services company primarily known for its payment card products, travel services and merchant network. Founded in 1850 as an express mail business, the company evolved through the 20th century into a payments and travel-focused organization. Its core activities include issuing consumer and commercial charge and credit cards, operating a global card acceptance and processing network, and providing travel-related services and customer loyalty programs.

American Express issues a range of products for individuals, small businesses and large corporations, including personal cards, business and corporate cards, and co?brand partnerships with airlines, hotels and retailers.