Benzinga | Aug 31, 2021 12:36PM EDT

Where American Express Stands With Analysts

Over the past 3 months, 16 analysts have published their opinion on American Express (NYSE:AXP) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Bullish Somewhat Bullish Indifferent Somewhat Bearish BearishTotal Ratings 3 4 8 1 0Last 30 Days 0 0 0 0 01 Month Ago 0 0 1 0 02 Months Ago 3 3 6 1 03 Months Ago 0 1 1 0 0

In the last 3 months, 16 analysts have offered 12-month price targets for American Express. The company has an average price target of $179.5 with a high of $225.00 and a low of $135.00.

Below is a summary of how these 16 analysts rated American Express over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the move negative analysts are on the stock

This average price target has increased by 11.24% over the past month.

Analyst Ratings: What Are They?

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.