Financial Analysts Stock Recommendations: American Express Company (AXP), PepsiCo, Inc. (PEP)

Optimism reigned on a dull-volume day for American Express Company (NYSE:AXP) which added $0.79 between open and close. The number of shares traders wanted to buy or sell AXP was around 2562511 shares compared with the full-day average over the past 5 days of 2968780 shares. As the opening bell rang the price was $103.73 but as the trading finished, the stock escalated, wrapping up with a gain of 0.12%. Its shares finally traded at $104.52 a share.

American Express Company (AXP): A 9.65% Rally In This Year — But Still Has Room To Grow 9.35%

According to 29 stock analysts, American Express Company, is being kept at an average Outperform, rating, with at least 0.83% of shares outstanding that are currently legally short sold. The shares of the corporation went up by 5.76% during the previous month. So far this year, the stock had gone up by 9.65%. With these types of results to display analysts, are more optimistic than before, leading 13 of analysts who cover American Express Company (NYSE:AXP) advice their clients to include it in their buy candidate list. However, at the Wall Street, the shares for the company has been tagged a $114.29 price target, indicating that the shares will rally 9.35% from its current levels. At the moment, the stock is trading for about -8.76% less than its 52-week high.

American Express Company Last Posted 4.11% Sales Growth

American Express Company (AXP) has so far tried but failed to beat the consensus-estimated $1.8, with their earning staying at $1.74 per share. This was revealed in their last financial report. Their revenue meanwhile grew by 4.11% from the last quarter, totaling $10.56 billion.

AXP Is 3.53% Away From SMA20

The shares of the company (AXP) staged the smart recovery as has roared back some 19.4% after stumbling to its new 52-weeks low. The share price volatility of the stock remained at 1.09% for the week and by increasing the timeframe to a month, the volatility stood at 1.46%. As for the shares, it has gone above the 20 days moving average and is now hovering within a distance of 3.53%. Currently the price is sitting at 2.88% higher than its 50 days moving average. Analyzing the last five market sessions, the stock was able to report 1.42% gains, thus going up by 1.86%, compared with its 200-day moving average of $104.05. Also, a 11.65% expansion in American Express Company (AXP) witnessed over the past one year opens up opportunity to go after even more gains.

PepsiCo, Inc. (NASDAQ:PEP) Has 4 Buy or Better Ratings

PepsiCo, Inc. (PEP) was also brought into the spotlight with a -$0.08 drop. As the regular session came to an end, the price changed by -0.07% to $113.01. The trading of the day started with the price of the stock at $112.93. However, at one point, in the middle of the day, the price touched a high of $113.04 before it finally returned some of the gains. Analyzing PEP this week, analysts seem to be content with keeping to their neutral forecast call at 2.5. PepsiCo, Inc. analysts gave 4 buy-equivalent recommendations, 0 sells and 14 holds. This company shares tumbled -7.36% from their most recent record high of $122 and now hold $159.63 billion in market value of equity.

PepsiCo, Inc. Underpriced by 10.61%

PEP’s mean recommendation on Reuter’s scale has been revised upward from 2.5 thirty days ago to 2.52 now. This is an indication of a hold consensus from the analysts’ society. They expect that PepsiCo, Inc. (PEP) price will be reaching a mean target of $115.05 a share. This implies that they believe the stock has what it takes to lift the price another 1.81%. The recent close goes a long way in suggesting that the stock price is being underpriced by a 10.61% compared to the most bullish target.

PepsiCo, Inc. (PEP) Returns 2.29% This Year

The company during the last trade was able to reach a volume of 3644854 shares. That activity is comparable to their recent volume average trend of nearly 4112660 shares which they recorded over a period of one week. The stock price volatility for last week at the close of regular trading was 1.07%, pushing the figure for the whole month to now reaching 1.36%. PepsiCo, Inc. price was kept to a minimum $111.93 in intra-day trade and has returned 2.29% this year alone. At a certain point in the past four quarters, the shares traded as low as $95.94 but made a 17.8% recovery since then.