Synchrony Financial (SYF) : 11 analysts are covering Synchrony Financial (SYF) and their average rating on the stock is 1.36, which is read as a Strong Buy. 9 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Synchrony Financial (SYF) : Average target price received by Synchrony Financial (SYF) is $35.83 with an expected standard deviation of $3.95. The most aggressive target on the stock is $41, whereas the most downbeat target is $30. 9 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy. Synchrony Financial (NYSE:SYF): The stock opened at $27.70 on Thursday but the bulls could not build on the opening and the stock topped out at $27.87 for the day. The stock traded down to $27.53 during the day, due to lack of any buying support eventually closed down at $27.61 with a loss of -0.14% for the day. The stock had closed at $27.65 on the previous day. The total traded volume was 5,082,539 shares.
In a related news,The officer (See remarks) of Synchrony Financial, Doubles Brian D sold 1,000 shares at $30 on May 24, 2016. The Insider selling transaction had a total value worth of $30,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Synchrony Financial (Synchrony) is a consumer financial services company. The Company provides a range of credit products through programs it has established with a group of retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers. The Companys revenue activities are managed through three sales platforms: Retail Card, Payment Solutions and CareCredit. The Company offers two types of credit cards: private label credit cards and Dual Cards. It offers its credit products through its wholly owned subsidiary, Synchrony Bank (the Bank). Through the Bank, it offers a range of deposit products insured by the Federal Deposit Insurance Corporation (FDIC), including certificates of deposit, individual retirement accounts (IRAs), money market accounts and savings accounts, under its Optimizer+Plus brand.