American Express Company (AXP) Forms $93.47 Double Top; 4 Bullish Analysts Covering PLDT Inc. (PHI)

American Express Company (AXP) formed double top with $98.14 target or 5.00% above today’s $93.47 share price. American Express Company (AXP) has $80.41 billion valuation. The stock decreased 1.76% or $1.67 during the last trading session, reaching $93.47. About 423,935 shares traded. American Express Company (NYSE:AXP) has risen 22.41% since March 2, 2017 and is uptrending. It has outperformed by 5.71% the S&P500.

Among 5 analysts covering Philippine Long Distance Telephone (NYSE:PHI), 4 have Buy rating, 1 Sell and 0 Hold. Therefore 80% are positive. Philippine Long Distance Telephone had 7 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, March 15 by Citigroup. The stock of PLDT Inc. (NYSE:PHI) has “Buy” rating given on Friday, October 14 by HSBC. The rating was downgraded by CLSA to “Outperform” on Monday, November 13. The stock of PLDT Inc. (NYSE:PHI) has “Underperform” rating given on Thursday, May 11 by Credit Suisse. The stock of PLDT Inc. (NYSE:PHI) earned “Hold” rating by Zacks on Wednesday, August 5. The firm has “Outperform” rating given on Friday, May 26 by Macquarie Research. The firm has “Neutral” rating given on Tuesday, May 31 by Credit Suisse. See PLDT Inc. (NYSE:PHI) latest ratings:

13/11/2017 Broker: CLSA Old Rating: Buy New Rating: Outperform Downgrade

Among 36 analysts covering American Express Company (NYSE:AXP), 11 have Buy rating, 4 Sell and 21 Hold. Therefore 31% are positive. American Express Company has $130.0 highest and $54 lowest target. $95.50’s average target is 2.17% above currents $93.47 stock price. American Express Company had 108 analyst reports since July 23, 2015 according to SRatingsIntel. The company was maintained on Friday, July 14 by Keefe Bruyette & Woods. RBC Capital Markets maintained the shares of AXP in report on Thursday, July 20 with “Sell” rating. As per Thursday, April 27, the company rating was upgraded by Instinet. As per Thursday, April 21, the company rating was maintained by Wood. The firm earned “Neutral” rating on Friday, April 21 by Goldman Sachs. The stock of American Express Company (NYSE:AXP) earned “Market Perform” rating by JMP Securities on Tuesday, December 22. Wells Fargo maintained the shares of AXP in report on Friday, January 19 with “Buy” rating. The company was maintained on Monday, September 18 by Jefferies. The rating was maintained by S&P Research with “Hold” on Monday, September 14. UBS downgraded American Express Company (NYSE:AXP) rating on Monday, October 26. UBS has “Sell” rating and $67 target.

Investors sentiment increased to 0.83 in 2017 Q3. Its up 0.01, from 0.82 in 2017Q2. It increased, as 47 investors sold American Express Company shares while 434 reduced holdings. 100 funds opened positions while 297 raised stakes. 709.03 million shares or 0.92% less from 715.61 million shares in 2017Q2 were reported. Litman Gregory Asset Lc owns 200 shares or 0.01% of their US portfolio. Honeywell International Incorporated holds 0.99% in American Express Company (NYSE:AXP) or 310,300 shares. Smith Salley & Associate holds 0.23% or 13,055 shares in its portfolio. Cacti Asset Mngmt Ltd Liability has 4.33% invested in American Express Company (NYSE:AXP). Credit Agricole S A owns 922,047 shares for 0.28% of their portfolio. 2,700 were reported by Parsec Financial Mngmt. Acropolis Invest Mgmt Ltd owns 45,614 shares or 0.21% of their US portfolio. S&Co Inc holds 0.06% or 5,400 shares. Allen Investment Ltd Com holds 3,810 shares. Weik Investment Svcs Incorporated owns 3,450 shares or 0.15% of their US portfolio. M&R Cap has 3,540 shares. Cornerstone Cap Management Holding Limited Liability Corporation stated it has 0.1% of its portfolio in American Express Company (NYSE:AXP). Rafferty Asset Management holds 122,823 shares. Reynders Mcveigh Capital Ltd Company stated it has 4,620 shares or 0.05% of all its holdings. Burt Wealth Advisors has invested 0.14% in American Express Company (NYSE:AXP).

Since September 7, 2017, it had 0 insider buys, and 11 selling transactions for $35.65 million activity. Shares for $5.63 million were sold by Gupta Ashwini on Tuesday, December 12. Bush James Peter also sold $1.27 million worth of American Express Company (NYSE:AXP) on Tuesday, January 2. CHENAULT KENNETH I also sold $9.38M worth of American Express Company (NYSE:AXP) on Thursday, December 14. Williams Anre D had sold 30,761 shares worth $2.87M on Wednesday, October 25. Shares for $506,340 were sold by Sobbott Susan. $4.32M worth of American Express Company (NYSE:AXP) shares were sold by O’Neill Michael John. 88,930 American Express Company (NYSE:AXP) shares with value of $8.79M were sold by Buckminster Douglas E..

Analysts await American Express Company (NYSE:AXP) to report earnings on April, 18. They expect $1.71 earnings per share, up 27.61% or $0.37 from last year’s $1.34 per share. AXP’s profit will be $1.47 billion for 13.67 P/E if the $1.71 EPS becomes a reality. After $1.58 actual earnings per share reported by American Express Company for the previous quarter, Wall Street now forecasts 8.23% EPS growth.