Discover Financial Services with ticker code (DFS) have now 17 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 150 and 97 calculating the mean target price we have 120.65. Now with the previous closing price of 102.52 this would imply there is a potential upside of 17.7%. The 50 day MA is 102.43 and the 200 day moving average is 110.13. The market capitalisation for the company is $28,216m. Company Website: https://www.discover.com
The potential market cap would be $33,206m based on the market concensus.
Discover Financial Services, through its subsidiaries, provides digital banking products and services, and payment services in the United States. It operates in two segments, Digital Banking and Payment Services. The Digital Banking segment offers Discover-branded credit cards to individuals; private student loans, personal loans, home loans, and other consumer lending; and direct-to-consumer deposit products comprising savings accounts, certificates of deposit, money market accounts, IRA certificates of deposit, IRA savings accounts and checking accounts, and sweep accounts. The Payment Services segment operates the PULSE, an automated teller machine, debit, and electronic funds transfer network; and Diners Club International, a payments network that issues Diners Club branded charge cards and/or provides card acceptance services, as well as offers payment transaction processing and settlement services. The company was incorporated in 1960 and is based in Riverwoods, Illinois.
