American Express (NYSE:AXP) Coverage Initiated by Analysts at BMO Capital Markets

Research analysts at BMO Capital Markets started coverage on shares of American Express (NYSE:AXP) in a report released on Thursday, MarketBeat.com reports. The brokerage set an "outperform" rating on the payment services company's stock.

AXP has been the subject of several other reports. Truist Financial decreased their price target on shares of American Express from $375.00 to $370.00 and set a "buy" rating for the company in a research report on Wednesday, September 23rd. Morgan Stanley reduced their price objective on shares of American Express from $385.00 to $382.00 and set an "equal weight" rating for the company in a research note on Monday, July 27th. The Goldman Sachs Group increased their target price on shares of American Express from $400.00 to $410.00 and gave the company a "buy" rating in a research report on Monday, July 6th. Bank of America raised their target price on shares of American Express from $387.00 to $391.00 and gave the company a "buy" rating in a research note on Thursday, July 9th. Finally, Benchmark assumed coverage on American Express in a research report on Monday, July 13th. They set a "buy" rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $364.52.

American Express Stock Up 0.0%

NYSE:AXP opened at $308.18 on Thursday. The company has a market cap of $208.12 billion, a price-to-earnings ratio of 18.70, a price-to-earnings-growth ratio of 1.33 and a beta of 1.08. American Express has a twelve month low of $290.97 and a twelve month high of $387.49. The company has a current ratio of 1.55, a quick ratio of 1.54 and a debt-to-equity ratio of 1.66. The stock has a fifty day simple moving average of $324.50 and a 200-day simple moving average of $324.87.

American Express (NYSE:AXP - Get Free Report) last issued its earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share for the quarter, beating analysts' consensus estimates of $4.41 by $0.12. American Express had a return on equity of 34.12% and a net margin of 15.07%. The business had revenue of $14.99 billion during the quarter, compared to analyst estimates of $19.70 billion. During the same period in the previous year, the company posted $4.08 EPS. American Express's revenue was up 10.0% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Analysts anticipate that American Express will post 17.67 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Flputnam Investment Management Co. acquired a new position in American Express during the 2nd quarter worth about $12,879,000. State Street Corp increased its stake in American Express by 40.2% during the second quarter. State Street Corp now owns 40,967,262 shares of the payment services company's stock worth $13,857,176,000 after purchasing an additional 11,739,541 shares during the period. Evolve Private Wealth LLC acquired a new stake in shares of American Express during the second quarter worth about $5,172,000. Silicon Valley Capital Partners boosted its stake in shares of American Express by 14.9% in the second quarter. Silicon Valley Capital Partners now owns 41,480 shares of the payment services company's stock valued at $14,030,000 after purchasing an additional 5,365 shares during the period. Finally, OMERS ADMINISTRATION Corp purchased a new position in shares of American Express in the second quarter valued at approximately $11,642,000. 84.33% of the stock is currently owned by institutional investors and hedge funds.

More American Express News

Here are the key news stories impacting American Express this week:

• Positive Sentiment: BMO initiated coverage with a $380 price target, while Royal Bank of Canada maintained an Outperform rating and lowered its target from $415 to $400. Analysts cited continued growth in American Express’s premium customer base and the company’s ability to sustain revenue and earnings expansion despite intensifying competition. American Express Has More Room to Run Despite Rising Competition, Analyst Says
• Positive Sentiment: American Express launched a new corporate platform and continues investing in business and merchant tools, including guidance on how companies can use artificial intelligence. These initiatives could support corporate spending and strengthen longer-term customer relationships. American Express Launches New Corporate Platform
• Neutral Sentiment: American Express is scheduled to report quarterly results on October 23. Investors will look for evidence that premium-card growth, spending trends and earnings guidance can offset the regulatory setback. The company previously reported earnings above expectations and maintained fiscal 2026 EPS guidance of $17.30 to $17.90.
• Negative Sentiment: The Office of the Comptroller of the Currency and Federal Reserve fined American Express $350 million and issued regulatory orders over significant anti-money-laundering control failures. Regulators said inadequate resources, inexperienced personnel, weak training and internal-control gaps left approximately $13 billion in potentially suspicious activity insufficiently monitored or reported over nearly 11 years. The penalty creates a direct financial cost and raises concerns about compliance spending, reputational damage and potential additional oversight. OCC Assesses $350 Million Civil Money Penalty Against American Express

About American Express

American Express Company NYSE: AXP is a global financial services company that provides payment, lending, travel and related products to consumers, small businesses and corporate customers. Its offerings include consumer and business charge and credit cards, payment solutions, commercial financing, deposit products and rewards programs.

American Express also operates a worldwide merchant network and provides businesses with payment acceptance services, transaction-processing capabilities and data-driven marketing solutions.