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American Express Company (AXP) [hlAlert]

Rating:
Underperform
AXP
down 65.92 %

American Express Company (AXP) rated Underperform with price target $61 by RBC Capital Mkts

Posted on: Thursday,  Jul 18, 2013  10:25 AM ET by RBC Capital Mkts

RBC Capital Mkts rated Underperform American Express Company (NYSE: AXP) on 07/18/2013. Previously RBC Capital Mkts rated Underperform American Express Company (NYSE: AXP)
on 05/12/2009., when the stock price was $26.20. Since then, American Express Company has gained 193.44% as of 01/25/2016's recent price of $76.88.
If you would have followed the previous RBC Capital Mkts's recommendation on AXP, you would have lost 65.92% of your investment in 2449 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.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/18/2013 10:25 AM Sell
None
74.86 61.00
as of 12/13/2013
1 Week up  2.61 %
1 Month down  -2.75 %
3 Months down  -11.12 %
1 YTD down  -45.58 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/20/2012 11:25 AM Sell
None
49.91 45.00
7/21/2011 10:25 AM Sell
None
52.88 45.00
1/25/2011 8:25 AM Sell
None
44.95 36.00
1/22/2010 9:25 AM Sell
None
41.15 31.00
5/12/2009 8:25 AM Sell
None
26.20

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