Barclays Holds AXP at $364 as Insider Sentiment Turns Negative

American Express (AXP) has received a Hold rating from Barclays analyst Terry Ma, who also set a price target of $364.00 for the stock.

Ma's analysis is in line with the Moderate Buy analyst consensus rating on AXP, which carries an average price target of $380.11.

American Express recently reported its earnings for the quarter ending June 30, revealing a revenue of $21.6 billion and a net profit of $3.11 billion.

However, corporate insider activity has taken a negative turn, with an increase in insiders selling their shares compared to earlier this year.