Synchrony Financial with ticker code (SYF) now have 19 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 41 and 26 calculating the average target price we see 32.42. With the stocks previous close at 29.61 this now indicates there is a potential upside of 9.5%. The day 50 moving average is 27.32 and the 200 day moving average is 23.92. The company has a market cap of $17,163m. Company Website: http://www.synchrony.com
The potential market cap would be $18,792m based on the market concensus.
Synchrony Financial operates as a consumer financial services company in the United States. It delivers a range of specialized financing programs and consumer banking products to digital, retail, home, auto, travel, health, and pet industries. The company also offers private label credit cards, dual cards, general purpose co-branded credit cards, and small and medium-sized business credit products; and promotional financing for consumer purchases, such as private label credit cards and installment loans. In addition, it provides promotional financing to consumers for health, veterinary and personal care procedures, and services and products, such as dental, vision, audiology, and cosmetic; debt cancellation 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. 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. Synchrony Financial was incorporated in 2003 and is headquartered in Stamford, Connecticut.
