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Enter Symbol:
American Express Company (AXP) [hlAlert]

Hold AXP
down 24.31 %

American Express Company (AXP) downgraded to Hold by Argus

Posted on: Monday,  Jan 25, 2016  8:25 AM ET by Argus

Argus rated Hold American Express Company (NYSE: AXP) on 01/25/2016. Previously Argus rated Buy American Express Company (NYSE: AXP) on 10/22/2015.,
when the stock price was $71.85. Since then, American Express Company has lost 24.31% as of 01/25/2016's recent price of $54.38.
If you would have followed the previous Argus's recommendation on AXP, you would have lost 24.31% of your investment in 95 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.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/25/2016 8:25 AM Hold
as of 10/17/2014
1 Week down  -2.83 %
1 Month down  -7.28 %
3 Months down  -11.19 %
1 YTD down  -8.98 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/22/2015 2:25 PM Buy
71.85 84.00
2/16/2015 8:25 AM Buy
2/13/2015 2:25 PM Buy
78.25 92.00
1/23/2014 3:25 PM Buy
89.01 100.00
10/17/2013 2:25 PM Buy
79.96 90.00
2/11/2013 2:25 PM Buy
61.86 75.00
11/5/2010 9:25 AM Buy
43.81 50.00

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