American Express Initiated At Overweight At J.P. Morgan (AXP)

Analysts at J.P. Morgan JPM have initiated coverage on shares of American Express AXP with an Overweight rating and $50 price target. During Wednesday's trading session the stock has risen 2.15% to $44.15. The stock trades at a trailing P/E of 14.36, a forward P/E of 11.73 and a PEG ratio of 1.15. AXP offers a dividend yield of 1.70%.