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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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2024年下半年，主要信用卡髮卡方的逾期情況將繼續保持良好。對於非主要放貸機構，預測較爲保守，預計2025財年信貸改善將更爲有限。
公司認爲美國運通存在'不對稱風險'，因其交易接近估值範圍的上限，估值增長空間有限。當前市場一致預計到2026年的年增長率將達到15%，這一預測較爲樂觀，考慮到銷售增長放緩，因此上調預期空間有限。建議投資者在消費金融板塊出現機會時考慮獲利。
對於專業金融公司，預計第三季度盈利季度將異常活躍，聯邦儲備會議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利息淨收入前景的影響。建議關注資產敏感型資產負債表的公司可能在這種環境中面臨壓力。
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