Discover Financial Services (DFS) : Traders are bullish on Discover Financial Services (DFS) as it has outperformed the S&P 500 by a wide margin of 3.07% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.69%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.02% in the last 1 week, and is up 2.85% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 1.65% and the fifty day Moving Average is 5.09%. Discover Financial Services is up 3.51% in the last three month period. Year-to-Date the stock performance stands at 10.83%.
Discover Financial Services (DFS) : 12 Wall Street analysts covering Discover Financial Services (DFS) believe that the average level the stock could reach for the short term is $65.67. The maximum price target given is $75 and the minimum target for short term is around $58, hence the standard deviation is calculated at $5.45.
Discover Financial Services (NYSE:DFS): stock turned positive on Friday. Though the stock opened at $58.23, the bulls momentum made the stock top out at $58.75 level for the day. The stock recorded a low of $58.03 and closed the trading day at $58.46, in the green by 0.78%. The total traded volume for the day was 3,278,941. The stock had closed at $58.01 in the previous days trading.
Discover Financial Services (DFS) is a direct banking and payment services company. The Company is a bank holding company, as well as a financial holding company. The Company provides direct banking products and services and payment services through its subsidiaries. The Company manages its business activities in two segments: Direct Banking and Payment Services. Direct Banking segment includes consumer banking and lending products, specifically Discover-branded credit cards issued to individuals and small businesses on the Discover Network and other consumer banking products and services, including private student loans, personal loans, home loans, home equity loans, prepaid cards and other consumer lending and deposit products. The Payment Services segment includes PULSE, Diners Club and the Companys network partners business, which provides payment transaction processing and settlement services on the Discover Network.