Analyst Rating Update on Synchrony Financial (SYF)

Synchrony Financial (SYF) has an average broker rating of 1.42, which is interpreted as a Strong Buy, as rated by 12 equity analysts. Nonetheless, 9 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell.

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. Also, Citigroup maintains their rating on the shares of Synchrony Financial (NYSE:SYF). The current rating of the shares is Buy. Equity Analysts at the Firm lowers the price target to $31 per share from $38 per share. The rating by the firm was issued on June 15, 2016.


Synchrony Financial (NYSE:SYF): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $27.38 and $27.34 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $28.04. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.87, notching a gain of 1.90% for the day. The total traded volume was 6,342,506 . The stock had closed at $27.35 on the previous day.

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.

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