Benzinga | Oct 13, 2021 01:39PM EDT

What 12 Analyst Ratings Have To Say About American Express

American Express (NYSE:AXP) has observed the following analyst ratings within the last quarter:

Bullish Somewhat Bullish Indifferent Somewhat Bearish BearishTotal Ratings 1 4 7 0 0Last 30D 0 1 0 0 01M Ago 0 1 2 0 02M Ago 0 0 0 0 03M Ago 1 2 5 0 0

These 12 analysts have an average price target of $180.0 versus the current price of American Express at 167.715, implying upside.

Below is a summary of how these 12 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 4.71% over the past month.

How Are Analyst Ratings Determined?

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.