BTIG analyst Vincent Caintic downgrades $American Express (AXP.US)$ to a sell rating, and sets the target price at $230.
According to TipRanks data, the analyst has a success rate of 45.6% and a total average return of -0.5% over the past year.
Furthermore, according to the comprehensive report, the opinions of $American Express (AXP.US)$'s main analysts recently are as follows:
The expectation is for positive delinquency trends to persist in the second half of 2024 for prime card issuers. For non-prime lenders, the forecast is less optimistic, with a more restrained credit improvement anticipated in fiscal 2025.
The firm perceives 'asymmetric risk' for American Express as it trades near the upper end of its valuation spectrum with confined potential for estimate increases. The prevailing consensus anticipates a 15% yearly growth through to 2026, a projection that borders on an optimal scenario considering a slowdown in sales expansion, thus offering limited room for upward revisions. The suggestion is for investors to consider taking profits within the consumer finance sector when opportunities present themselves.
Expectations are set for a particularly dynamic third quarter earnings season for specialty finance companies, with the Federal Reserve's rate cut and consumer credit stress likely to be pivotal factors. A notable focus is anticipated on the outlook for net interest income as rates decrease. It is suggested that companies with asset sensitive balance sheets may experience pressure in this environment.
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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BTIG分析師Vincent Caintic下調$美國運通 (AXP.US)$至賣出評級，目標價230美元。
根據TipRanks數據顯示，該分析師近一年總勝率為45.6%，總平均回報率為-0.5%。
此外，綜合報道，$美國運通 (AXP.US)$近期主要分析師觀點如下：
預計主要信用卡發行商的逾期趨勢將在 2024 年下半年持續向好。對於非主要放貸人來說，展望則不那麼樂觀，預計在 2025 財年會有更爲保守的信用改善。
公司認爲美國運通存在「不對稱風險」，因爲其交易接近估值譜的上限，估計增長空間有限。目前的共識預計到 2026 年將實現 15% 的年增長，這一預測邊界可認爲是一種最佳情況，考慮到銷售擴張的放緩，進而提供了有限的上調空間。建議投資者在消費金融領域出現機會時考慮獲利。
預計專業金融公司的第三季度業績季將特別活躍，聯儲局的減息以及消費者信貸壓力可能是關鍵因素。預計將重點關注利率下降對淨利息收入的展望。建議那些資產敏感性負債表的公司可能會在這種環境中面臨壓力。
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