Piper Sandler Reiterates Buy Rating on American Express
Piper Sandler maintains a buy rating on American Express with a $396 price target, a 17.07% upside from the current price.
Key Points
- Piper Sandler reiterated its buy rating on American Express, setting a price target of $396.
- Piper Sandler's $396 price target implies 17.07% upside from American Express Company's ($AXP) current $338.25 share price.
- Shares of NYSE:AXP traded near $340.88 on Tuesday with a market cap of $232.24 billion.
- Insider Glenda McNeal sold 7,033 shares on June 15, while several others made smaller purchases.
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Piper Sandler has reiterated its buy rating on American Express Company (NYSE:AXP), setting a price target of $396. This reaffirmation came on June 30, 2026, with the stock trading near $340.88 on that Tuesday.
Piper Sandler vs. the S&P 500
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Analysts Set New Price Targets
On June 30, 2026, Piper Sandler reaffirmed its buy rating on American Express with a price target of $396. BTIG, on the same day, maintained a sell rating with a target of $324. Earlier, on June 24, 2026, Truist Securities maintained its buy rating, setting a target price of $375. Other recent analyst actions include Loop Capital's initiation of coverage with a buy rating and a $389 target on May 22, 2026.
American Express Company Stock Up 1.5%
Shares of American Express traded near $340.88 on Tuesday. The company has a market cap of approximately $232.24 billion, with a P/E ratio of 21.23 and a forward P/E of 16.89. The stock's 52-week range is between $288.34 and $387.49, with a 50-day moving average of $320.60 and a 200-day moving average of $337.79. American Express has a beta of 1.058, indicating moderate volatility compared to the market.
$AXP price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Insider Buying and Selling at American Express Company
On June 15, 2026, Glenda McNeal, Chief Partner Officer, sold 7,033 shares at an average price of $339.36. Earlier, on May 5, 2026, insiders Karen Parkhill, Thomas Baltimore Jr., John Joseph Brennan, Charles Phillips Jr., and Lisa Wardell each purchased 742 shares.
About American Express
American Express Company is a global integrated payments company, headquartered in New York, NY. It operates through segments like U.S. Consumer Services and Global Merchant and Network Services, offering credit and charge cards, travel, and lifestyle services. Led by CEO Stephen Joseph Squeri, the company employs about 76,800 people worldwide.
Bottom Line
Piper Sandler's reaffirmation of a buy rating for American Express, with a substantial price target, reflects continued analyst confidence in the company's performance. With a strong market presence and recent insider activity, American Express remains a closely watched stock. Investors should note that analyst ratings are based on current assessments and market conditions.
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