Analysts Set American Express Company (NYSE:AXP) Target Price at $366.95

American Express Company (NYSE:AXP) has received a consensus recommendation of “Hold” from the twenty-three research firms that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, eleven have assigned a hold recommendation, ten have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $368.70.

A number of analysts have recently issued reports on the stock. Piper Sandler started coverage on shares of American Express in a research note on Monday, June 29th. They set an “overweight” rating and a $396.00 target price for the company. Evercore set a $380.00 price target on shares of American Express in a report on Monday, July 6th. Weiss Ratings downgraded shares of American Express from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, April 15th. The Goldman Sachs Group boosted their price objective on American Express from $360.00 to $400.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Finally, DZ Bank raised American Express from a “hold” rating to a “buy” rating and set a $375.00 target price on the stock in a research report on Thursday, June 18th.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in AXP. Hudson Bay Capital Management LP lifted its stake in American Express by 159.5% in the 3rd quarter. Hudson Bay Capital Management LP now owns 31,611 shares of the payment services company’s stock valued at $10,500,000 after purchasing an additional 19,429 shares during the last quarter. Investment Research Partners LLC acquired a new position in shares of American Express during the third quarter worth $1,573,000. Keybank National Association OH lifted its stake in shares of American Express by 3.0% in the 4th quarter. Keybank National Association OH now owns 359,261 shares of the payment services company’s stock valued at $132,909,000 after acquiring an additional 10,495 shares during the last quarter. Swiss Life Asset Management Ltd lifted its stake in shares of American Express by 34.1% in the 4th quarter. Swiss Life Asset Management Ltd now owns 139,887 shares of the payment services company’s stock valued at $51,751,000 after acquiring an additional 35,533 shares during the last quarter. Finally, Nordea Investment Management AB boosted its holdings in shares of American Express by 6.2% during the 4th quarter. Nordea Investment Management AB now owns 2,474,363 shares of the payment services company’s stock valued at $920,710,000 after acquiring an additional 144,512 shares in the last quarter. Institutional investors own 84.33% of the company’s stock.

Key Stories Impacting American Express

Here are the key news stories impacting American Express this week:

• Positive Sentiment: American Express is expanding AI across payments, including new tools and security features, which could improve customer experience, fraud prevention, and long-term growth prospects. Can AmEx’s AI Investments Unlock the Next Phase of Growth?
• Positive Sentiment: Bank of America raised its price target on AXP to $391 from $387 and kept a buy rating, signaling continued confidence in upside from current levels. American Express price target raised by Bank of America Corporation
• Positive Sentiment: Some recent commentary says the stock may be a bargain after its pullback this year, with upcoming second-quarter earnings viewed as a potential catalyst for a rebound. Is American Express Stock a Bargain?
• Neutral Sentiment: American Express also broke ground on its new global headquarters at 2 World Trade Center, a long-term strategic project that supports brand and operational growth but is not an immediate earnings driver. American Express Breaks Ground on New Headquarters at 2 World Trade Center
• Negative Sentiment: Recent articles note AXP has been under pressure this year and fell more sharply than the broader market in the latest session, reminding investors that sentiment is still somewhat fragile ahead of earnings. American Express (AXP) Sees a More Significant Dip Than Broader Market: Some Facts to Know

American Express Stock Down 0.0%

AXP stock opened at $350.52 on Monday. American Express has a 1-year low of $288.34 and a 1-year high of $387.49. The business’s 50 day simple moving average is $325.61 and its 200 day simple moving average is $331.86. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 1.73. The firm has a market capitalization of $239.17 billion, a PE ratio of 21.87, a PEG ratio of 1.41 and a beta of 1.04.

American Express (NYSE:AXP) last released its quarterly earnings data on Thursday, April 23rd. The payment services company reported $4.28 EPS for the quarter, topping analysts’ consensus estimates of $4.01 by $0.27. American Express had a net margin of 15.13% and a return on equity of 33.95%. The firm had revenue of $14.21 billion during the quarter, compared to analysts’ expectations of $18.60 billion. During the same period in the previous year, the business posted $3.64 earnings per share. The company’s revenue for the quarter was up 11.4% 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 anticipate that American Express will post 17.67 EPS for the current year.

American Express Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Thursday, July 2nd will be paid a $0.95 dividend. The ex-dividend date is Thursday, July 2nd. This represents a $3.80 annualized dividend and a yield of 1.1%. American Express’s payout ratio is 23.71%.

About American Express

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.