Economy

Analyzing Analyst Recommendations: Synchrony Financial (SYF), State Street Corporation (STT)

In a research report issued to clients and investors on 23 October, Wells Fargo reconfirmed their "Market Perform" rating on shares of SYF. The rating was maintained by BMO Capital Markets on Wednesday, April 12 with "Buy".

Several other analysts also recently commented on the company.

Among 27 analysts covering Synchrony Financial (NYSE:SYF), 19 have Buy rating, 0 Sell and 8 Hold. Synchrony Financial had 57 analyst reports since July 20, 2015 according to SRatingsIntel. JMP Securities boosted their price objective on Synchrony Financial from $35.00 to $37.00 and gave the stock a "market outperform" rating in a report on Monday. Barclays PLC set a $40.00 price objective on Synchrony Financial and gave the stock a "buy" rating in a report on Monday. As per Friday, October 6, the company rating was maintained by BMO Capital Markets. Momo Inc.'s beta is - whilst the stock has an average true range (ATR) of 1.35. The stock of Synchrony Financial (NYSE:SYF) earned "Buy" rating by Sterne Agee CRT on Monday, November 23.

The company's 50-day moving average is $30.59 and its 200-day moving average is $29.89. The company had Year Ago Sales of 1.38 Billion. Analysts reported that the Price Target for Ally Financial Inc. might touch $31 high while the Average Price Target and Low price Target is $27 and $20 respectively. Synchrony Financial (NYSE:SYF) has declined 10.35% since October 26, 2016 and is downtrending. The firm had revenue of $3.88 billion during the quarter, compared to the consensus estimate of $3.78 billion. The Return on Equity (ROE) value stands at 15.2%. During the same period previous year, the firm earned $0.65 EPS. On average, analysts expect that Synchrony Financial will post $2.61 EPS for the current year. If you are viewing this report on another site, it was stolen and reposted in violation of United States and global trademark and copyright legislation. The original version of this piece of content can be read at https://www.truebluetribune.com/2017/10/26/wells-fargo-company-raises-synchrony-financial-syf-price-target-to-35-00.html. The company reported the earnings of $0.58/Share in the last quarter where the estimated EPS by analysts was $0.52/share. The company had a trading volume of 1,697,063 shares. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.03% of the company's stock. Cambria Investment Management L.P. purchased a new position in Synchrony Financial during the first quarter worth about $1,194,000. The Company's shares were trading -36.69% below from the 52-week high price mark of $46.69 and 76.69% above from the 52-week price bottom of $76.69%. FMR LLC lifted its stake in Synchrony Financial by 27.1% during the second quarter. Point72 Asset Management L.P. now owns 3,667,370 shares of the financial services provider's stock worth $125,791,000 after buying an additional 1,353,070 shares during the period. Benjamin F. Edwards & Company Inc. grew its position in Synchrony Financial by 39.0% in the 2nd quarter. 14,337,391 shares of the company were exchanged. Capital World Investors bought a new stake in Synchrony Financial during the second quarter worth about $202,269,000. Finally, BNP Paribas Arbitrage SA increased its stake in shares of Synchrony Financial by 130.8% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 5,387 shares of the financial services provider's stock valued at $160,000 after purchasing an additional 486 shares in the last quarter.

In case of Revenue Estimates, 13 analysts have provided their consensus Average Revenue Estimates for Synchrony Financial as 3.96 Billion.



Like this

Latest


28 October 2017
H&E Equipment Services, Inc. (NASDAQ:HEES) To Release Earnings
Bank of America Corporation assumed coverage on shares of H&E Equipment Services in a research report on Tuesday, September 26th. Finally, Alliancebernstein L.P. grew its position in shares of H&E Equipment Services by 25.0% in the second quarter.

28 October 2017
Astros' Yuli Gurriel appears to mock Yu Darvish after home run
Yu Darvish coughed up four runs in just 1 2/3 innings and took a loss to the Astros in Game 3 of the World Series on Friday. Gurriel's homer put the Astros up 1-0 and was part of a four-run second inning in which Darvish was pulled from the game.

28 October 2017
Avnet, Inc. (AVT) Releases FY18 Earnings Guidance
Currently, the stock carries a price to earnings ratio of 24.37, a price to book ratio of 1.76, and a price to sales ratio of 0.6. Stifel Nicolaus reaffirmed a "hold" rating and issued a $42.00 target price on shares of Avnet in a report on Thursday.

28 October 2017
Hecla Mining Company (HL) stock lost -10.04% Quarterly return
This volatility measure use for multipurpose in judging the underlying price momentum as well as the rate of change in HL's price. A company that manages their assets well will have a high return, while if manages their assets poorly will have a low return.

28 October 2017
Mourinho challenges his Manchester United players to beat Tottenham
United and Tottenham who both have 20 points each and sit second and third respectively on the EPL points table will clash at 11.30pm tomorrow. "I was honest.

28 October 2017
Centre County DA refiles charges against Beta Theta Pi brothers
Piazza's death led to one of the largest criminal indictments against a fraternity and its members in recent history. A judge threw out aggravated assault and involuntary manslaughter counts against eight of the defendants.

28 October 2017
Winnipeg Jets vs. Columbus Blue Jackets: NHL Odds, Prediction
They didn't score, but spent almost the entire time in the Jets' zone and forced Mason to make two big saves against Wennberg. Josh Anderson scored 2:38 into overtime and the Columbus Blue Jackets rallied to beat the Winnipeg Jets 2-1 on Friday night.

28 October 2017
Nvidia GeForce GTX 1070 Ti Price And Release Date Announced
Nvidia claims it doubles the performance of the GTX 970 and is well-suited to overclocking. The new titanium version offers comparatively higher performance at a lower price point.

28 October 2017
Alaska Air Group, Inc. (ALK)
Following the completion of the sale, the executive vice president now owns 21,328 shares in the company, valued at $1,834,847.84. Following the sale, the chairman now directly owns 140,346 shares of the company's stock, valued at approximately $12,045,897.18.

28 October 2017
CSX (CSX) At $52.35 Forms Top; Vaalco Energy Has 1.43 Sentiment
North Star Investment Management Corp. increased its stake in shares of CSX Corporation by 0.7% during the 2nd quarter. Finally, Simmons Bank purchased a new stake in shares of CSX Corp. during the first quarter valued at $329,000.



Recommended