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American Express (AXP) Receives a Hold from Robert W. Baird

Robert W. Baird analyst David George maintained a Hold rating on American Express (AXPResearch Report) on May 5 and set a price target of $175.00. The company’s shares closed last Friday at $167.15.

According to TipRanks.com, George is a 5-star analyst with an average return of 10.0% and a 60.5% success rate. George covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Capital One Financial, and Huntington Bancshares.

Currently, the analyst consensus on American Express is a Moderate Buy with an average price target of $203.07, implying a 20.0% upside from current levels. In a report issued on April 25, Evercore ISI also maintained a Hold rating on the stock with a $190.00 price target.

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The company has a one-year high of $199.55 and a one-year low of $149.89. Currently, American Express has an average volume of 3.91M.

Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AXP in relation to earlier this year. Most recently, in February 2022, Anre Williams, the Group Pres., Enterprise Serv. of AXP sold 139,909 shares for a total of $27,536,607.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Founded in 1850, American Express Co. is a financial services corporation which provides charge and credit card products, as well as travel-related services worldwide. The company operates through the Global Consumer Services Group, Global Commercial Services, and Global Merchant and Network Services.

Read More on AXP:

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