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American Express Company (NYSE:AXP) target price raised to $53.00, issued a report today by Vetr Inc.

American Express Company (NYSE:AXP) had its target price raised to $53.00 by Vetr Inc. in a report released 10/13/2016. The new target price indicates a potential downside of -0.12% from the company's most recent stock price close.

Boasting a price of $60.40, American Express Company (NYSE:AXP) traded -0.46% lower on the day. The last stock price is down -5.02% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. AXP has recorded a 50-day moving average of $64.01 and a 200-day moving average of $63.60. 4,220,483 shares of AXP traded, up from an avg. volume of 4,028,790

Recent Performance Chart

American Express Company (NYSE:AXP)

American Express Company has PE ratio of 10.69 with a 52 week low of $50.27 and a 52 week high of $77.61 and has a market cap of $0.

In addition to Vetr Inc. reporting its stock price target, a total of 24 brokers have issued a report on the company. The average stock price target is $66.13 with 3 brokerages rating the stock a strong buy, 4 brokerages rating the stock a buy, 19 brokerages rating the stock a hold, 6 brokerages rating the stock a underperform, and finally 0 firms rating the stock a sell.

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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