American Express Stock: Is Wall Street Bullish or Bearish?

With a market cap of $230.2 billion, American Express Company (AXP) is a global financial services and payments company that provides credit cards, charge cards, payment solutions and related financial products to consumers and businesses. Headquartered in New York, its business is built around a closed-loop payments network, and it generates revenue primarily from card fees, transaction-related fees, interest income on loans and other financial services.

AXP stock has increased 15.7% over the past year, lagging behind the S&P 500 Index ($SPX), which has rallied 22.4%. On a YTD basis, shares of the company are down 7.9%, compared to SPX’s 13.3% gain.