Key Takeaways:
- American Express (AXP, Financial) continues strong market performance with a seven-day rise.
- Analysts maintain a "Buy" rating due to robust profitability and improving credit metrics.
- Current stock price suggests potential downsides in comparison to key valuation metrics.
American Express (AXP) has continued its upward momentum, marking the seventh consecutive session of gains with a 2.15% increase, reaching $318.11. Since June 18, the stock has surged over 5%. Analysts remain optimistic with a "Buy" rating, thanks to the company's strong profitability and improving credit metrics.
Wall Street Analysts Forecast
According to 26 analysts providing one-year price targets for American Express Co (AXP, Financial), the average price target is set at $294.48. The high end of estimates reaches $371.00, while the low end is $240.00. These numbers present a potential downside of 6.85% from the current stock price of $316.15. To explore more detailed information on these estimates, visit the American Express Co (AXP) Forecast page.
The consensus recommendation from 31 brokerage firms classifies American Express Co (AXP, Financial) with an average recommendation score of 2.5, which indicates an "Outperform" status. This rating, on a scale from 1 to 5, represents a spectrum from "Strong Buy" to "Sell."
In terms of valuation, GuruFocus estimates that the GF Value for American Express Co (AXP, Financial) in one year is projected to be $270.24, suggesting a potential downside of 14.52% from the current price of $316.15. The GF Value reflects the fair market value of the stock, calculated using historical trading multiples and projected business growth benchmarks. For further details, refer to the American Express Co (AXP) Summary page.
