American Express Company (NYSE:AXP) has been downgraded to Sell in a statement by Nomura earlier today.
- Updated: October 8, 2016
Boasting a price of $64.36, American Express Company (NYSE:AXP) traded -0.29% lower on the day. With the last stock price close up -2.91% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. American Express Company has recorded a 50-day average of $64.52 and a two hundred day average of $63.61. Volume of trade was up over the average, with 4,217,375 shares of AXP changing hands over the typical 4,084,850
Nomura has downgraded American Express Company (NYSE:AXP) to Sell in a statement released on 10/06/2016.
With a total market value of $0, American Express Company has price-earnings ratio of 10.93 with a one year low of $50.27 and a one year high of $77.61 .
A total of 24 equity analysts have released a ratings update on AXP. Three equity analysts rating the company a strong buy, four equity analysts rating the company a buy, nineteen equity analysts rating the company a hold, six equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $66.13.
Brief Synopsis About American Express Company (NYSE:AXP)
American Express Company is a services company. The Company's principal products and services are charge and credit payment card products, and travel-related services offered to consumers and businesses around the world. The Company's segments include U.S. Consumer Services (USCS), International Consumer and Network Services (ICNS), Global Commercial Services (GCS) and Global Merchant Services (GMS). The USCS segment includes the U.S. Consumer Card Services business and travel services in the United States. The ICNS segment includes the International Consumer Card Services business, Global Network Services (GNS) business and travel services outside the United States. The GCS segment includes the Global Corporate Payments (GCP) business, small business services businesses in the United States and internationally, merchant financing products and foreign exchange services operations. The GMS segment includes the Global Merchant Services business and global loyalty coalition businesses.
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