Evercore ISI Reaffirms Hold on AXP Amid Mixed Analyst Views

American Express (AXP) has maintained its Hold rating from Evercore ISI analyst John Pancari, who also set a price target of $370.00 for the company.

Pancari covers the Financial sector and has an average return of 3.5% on recommended stocks, with a 58.27% success rate. His Hold rating is not the only one; UBS's Erika Najarian also gave American Express a Hold in a report yesterday.

In contrast, BTIG reiterated a Sell rating on American Express just last week, on July 27. The company's latest earnings release showed revenue of $21.6 billion and net profit of $3.11 billion for the quarter ending June 30.

A negative corporate insider sentiment is also present in the stock. In the past quarter, there has been an increase in insiders selling their shares, with Glenda Mcneal, the Chief Partner Officer, recently selling 7,033.00 shares for $2,386,718.88.