Oppenheimer Sticks to Its Buy Rating for American Express (AXP)


Oppenheimer analyst Dominick Gabriele maintained a Buy rating on American Express (NYSE: AXP) today. The company’s shares opened today at $102.84.

American Express has an analyst consensus of Moderate Buy, with a price target consensus of $117.75.

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The company has a one-year high of $111.77 and a one-year low of $87.54. Currently, American Express has an average volume of 2.97M.

Based on the recent corporate insider activity of 60 insiders, corporate insider sentiment is negative on the stock. Last month, Marc D. Gordon, the CIO of AXP sold 25,948 shares for a total of $2,797,973.

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American Express Co. engages in the provision of charge and credit card products, and travel-related services. It operates through the following segments: Global Consumer Services Group (GCSG); Global Commercial Services (GCS); Global Merchant and Network Services (GMNS); and Corporate and Other.

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