Synchrony Financial which can be found using ticker (SYF) have now 19 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 51 and 24 calculating the average target price we see $37.05. Given that the stocks previous close was at $29.86 this indicates there is a potential upside of 24.1%. The day 50 moving average is $31.83 while the 200 day moving average is $33.17. The market capitalization for the company is $12,737m. Company Website: https://www.synchrony.com
The potential market cap would be $15,804m based on the market consensus.
Synchrony Financial, together with its subsidiaries, operates as a consumer financial services company in the United States. It provides credit products, such as credit cards, commercial credit products, and consumer installment loans. The company also offers private label credit cards, dual cards, co-brand and general purpose credit cards, short- and long-term installment loans, and consumer banking products; and deposit products, including certificates of deposit, individual retirement accounts, money market accounts, and savings accounts to retail and commercial customers, as well as accepts deposits through third-party securities brokerage firms. In addition, it provides debt cancellation products to its credit card customers through online, mobile, and direct mail; and healthcare payments and financing solutions under the CareCredit, Pets Best, and Walgreens brands; payments and financing solutions in the apparel, specialty retail, outdoor, music, and luxury industries. The company offers its credit products through programs established with a group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations, and healthcare service providers; and deposit products through various channels, such as digital and print. It serves digital, health and wellness, retail, home, auto, powersports, jewelry, pets, and other industries. The company was founded in 1932 and is headquartered in Stamford, Connecticut.
The company has a dividend yield of 3.1% with the ex dividend date set at 1-5-2023 (DMY).
