Discover Financial Services with ticker code (DFS) have now 17 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 135 and 97 calculating the average target price we see 115.82. Now with the previous closing price of 108.78 this would indicate that there is a potential upside of 6.5%. There is a 50 day moving average of 97.94 and the 200 moving average now moves to 105.7. The company has a market capitalisation of $28,943m. Company Website: https://www.discover.com
The potential market cap would be $30,816m 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.
