Demystifying American Express: Insights From 11 Analyst Reviews
Portfolio Pulse from Benzinga Insights
Analysts have recently updated their ratings and price targets for American Express (NYSE:AXP), with 11 analysts offering a range of opinions. The average 12-month price target is now $198.27, up from the previous $189.00. Analysts from firms like RBC Capital, UBS, and BMO Capital have raised their price targets, while others have announced new ratings. American Express has shown strong financial performance with a 13.57% revenue growth rate, a net margin of 15.76%, an ROE of 8.95%, an ROA of 0.98%, and a debt-to-equity ratio of 1.76.
January 29, 2024 | 6:00 pm
News sentiment analysis
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POSITIVE IMPACT
American Express has received updated ratings and price targets from analysts, with an average 12-month price target of $198.27, indicating a positive sentiment. The company's strong financial performance is likely to support this optimistic outlook.
The updated analyst ratings and increased price targets suggest a positive outlook for American Express, which is supported by the company's solid financial performance. The consensus among analysts tends to influence market sentiment and can lead to short-term price movements. Given the company's strong revenue growth, net margin, ROE, ROA, and manageable debt levels, the positive ratings are likely to be well-received by the market, potentially leading to a short-term increase in the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100