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American Express Company (AXP) [hlAlert]

Rating:
Underweight
AXP
down 21.11 %

American Express Company (AXP) downgraded to Underweight by JP Morgan

Posted on: Tuesday,  Jan 15, 2013  8:25 AM ET by JP Morgan

JP Morgan rated Underweight American Express Company (NYSE: AXP) on 01/15/2013, when the stock price was $60.65. Since
then, American Express Company has gained 26.76% as of 01/25/2016's recent price of $76.88.
If you would have followed this JP Morgan's recommendation on AXP, you would have lost 21.11% of your investment in 1105 days.

American Express Company is primarily engaged in the business of providing travel related services, financial advisory services and international banking services throughout the world. American Express Travel Related Services Company, Inc. provides a variety of products and services, including, global network services, the American Express Card, the Optima Card and other consumer and corporate lending products, stored value products, and several others.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/15/2013 8:25 AM Sell
None
60.65
as of 12/13/2013
1 Week up  2.61 %
1 Month down  -2.75 %
3 Months down  -11.12 %
1 YTD down  -37.97 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/16/2009 8:25 AM Hold
None
26.86
3/25/2009 8:25 AM Sell
None
13.59

(*) Stock Price at the time of the recommendation.
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