American Express Company (AXP) has risen sharply, recording gains of 0.51% in the past 4 weeks. However, the stock has corrected -1.13% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.72% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.41% and the fifty day Moving Average is 2.43%. American Express Company has dropped 0.62% during the last three month period . Year-to-Date the stock performance stands at -5.51%.
American Express Company (AXP) : The most positive equity analysts on American Express Company (AXP) expects the shares to touch $80, whereas, the least positive believes that the stock will trade at $43 in the short term. The company is covered by 13 Wall Street Brokerage Firms. The average price target for shares are $63.92 with an expected fluctuation of $9.69 from the mean.
American Express Company (NYSE:AXP): On Fridays trading session , Opening price of the stock was $65.27 with an intraday high of $65.49. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $64.52. However, the stock managed to close at $64.79, a loss of 0.32% for the day. On the previous day, the stock had closed at $65. The total traded volume of the day was 3,623,618 shares.
American Express Company is a global services company. The Companys principal products and services are charge and credit payment card products, and travel-related services offered to consumers and businesses around the world. The Companys segments include U.S. Card Services, International Card Services, Global Commercial Services and Global Network & Merchant Services. The Companys United States banking subsidiaries, Centurion Bank and AEBFSB, issue a range of Card products and services. It also issues its charge and credit Cards around the world either on its own or as cobrands with partnering institutions. The Company provides expense management and travel services to companies and organizations through its Global Corporate Payments and Global Business Travel businesses. The Global Network & Merchant Services (GNMS) segment operates a global payments network that processes and settles card transactions.