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Analysts Offer Insights on Financial Companies: American Express (AXP) and SEI Investments Company (SEIC)

Analysts have been eager to weigh in on the Financial sector with new ratings on American Express (AXPResearch Report) and SEI Investments Company (SEICResearch Report).

American Express (AXP)

Jefferies analyst John Hecht maintained a Hold rating on American Express today and set a price target of $260.00. The company’s shares closed last Monday at $271.20, close to its 52-week high of $272.68.

According to TipRanks.com, Hecht is a 5-star analyst with an average return of 9.5% and a 60.4% success rate. Hecht covers the Financial sector, focusing on stocks such as Discover Financial Services, Bread Financial Holdings, and Capital One Financial.

American Express has an analyst consensus of Moderate Buy, with a price target consensus of $254.47, implying a -5.8% downside from current levels. In a report issued on September 23, Bank of America Securities also assigned a Hold rating to the stock with a $280.00 price target.

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SEI Investments Company (SEIC)

Morgan Stanley analyst Ryan Kenny maintained a Sell rating on SEI Investments Company today and set a price target of $70.00. The company’s shares closed last Monday at $69.19, close to its 52-week high of $72.54.

According to TipRanks.com, Kenny is a 3-star analyst with an average return of 5.7% and a 47.6% success rate. Kenny covers the Financial sector, focusing on stocks such as Evercore Partners, Houlihan Lokey, and Jefferies.

SEI Investments Company has an analyst consensus of Hold, with a price target consensus of $73.50.

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