American Express Company (AXP) – One of the 15 Cash-Rich Dividend Stocks to Invest in Right Now

American Express Company (NYSE:AXP) is included among the 15 Cash-Rich Dividend Stocks to Invest in Right Now.

On April 10, RBC Capital lowered its price recommendation on American Express Company (NYSE:AXP) to $415 from $425. It reiterated an Outperform rating on the shares. The update came as part of its Q1 preview for consumer finance names. The firm expects seasonal trends to lead to lower loan balances, while credit metrics remain stable or improve year over year. It also said upcoming conference calls will likely focus on consumer sentiment and overall financial health, especially with recent macro volatility. Even so, RBC believes that “fundamentals remain healthy”.

A day earlier, on April 9, Wells Fargo also reduced its price objective on American Express to $415 from $425. It maintained an Overweight rating on the shares. The firm said that as war-related risks ease, attention is shifting toward concerns around AI and job security, where investor sentiment appears cautious. Wells noted that credit trends and card spending are holding up well, and said stimulus effects are expected to outweigh pressure from gas prices. The firm also expects banks to maintain a constructive tone toward the consumer in the coming week.

American Express Company (NYSE:AXP) operates as a global payments and premium lifestyle brand supported by technology. Its card-issuing, merchant-acquiring, and network businesses serve a wide range of customers, including individuals, small businesses, mid-sized firms, and large corporations worldwide.

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