RBC Capital analyst Jon Arfstrom maintained a Hold rating on American Express on Tuesday, setting a price target of $130, which is approximately 13.95% above the present share price of $114.09.
Arfstrom expects American Express to post earnings per share (EPS) of $1.31 for the first quarter of 2021.
The current consensus among 13 TipRanks analysts is for a Moderate Buy rating of shares in American Express, with an average price target of $130.92.
The analysts price targets range from a high of $165 to a low of $113.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $6.49 billion and a net profit of $0. The company’s market cap is $91.87 billion.
According to TipRanks.com, RBC Capital analyst Jon Arfstrom is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 21.8% and a 61.47% success rate.
American Express Co (NYSE:). engages in the provision of charge and credit card products, and travel-related services. It operates through the following segments: Global Consumer Services Group, Global Commercial Services, Global Merchant and Network Services and Corporate & Other. The Global Consumer Services Group segment issues a wide range of proprietary consumer cards globally. The Global Commercial Services segment provides proprietary corporate and small business cards, payment and expense management services, and commercial financing products. The Global Merchant and Network Services segment operates a global payments network that processes and settles card transactions, acquires merchants, and provides multi-channel marketing programs and capabilities, services, and data analytics. The Corporate & Other segment covers corporate functions and certain other businesses and operations. The company was founded by Henry Wells, William G. Fargo and John Warren Butterfield on March 28, 1850 and is headquartered in New York, NY.
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Tag: American Express