.jpg "Synchrony Financial (NYSE: SYF)")
In a report released today, Donald Fandetti from Wells Fargo maintained a Buy rating on Synchrony Financial (SYF). The company’s shares closed yesterday at $32.21.
According to TipRanks.com, Fandetti is a 4-star analyst with an average return of 8.1% and a 66.7% success rate. Fandetti covers the Financial sector, focusing on stocks such as Discover Financial Services, Capital One Financial, and American Express.
Synchrony Financial has an analyst consensus of Moderate Buy, with a price target consensus of $34.92.
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Based on Synchrony Financial’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $4.09 billion and net profit of $783 million. In comparison, last year the company earned revenue of $3.57 billion and had a net profit of $385 million.
Based on the recent corporate insider activity of 183 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SYF in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Synchrony Financial engages in the provision of consumer financial services. It operates through three sales platforms: Retail Card, Payment Solutions, and CareCredit. The Retail Card platform is a provider of private label credit cards, and also provides Dual Cards and small-and medium-sized business credit products.
