Smarter Analyst

Nomura Sticks to Their Hold Rating for Discover Financial Services (DFS)

In a report issued on January 24, Bill Carcache from Nomura maintained a Hold rating on Discover Financial Services (DFS), with a price target of $89.00. The company’s shares closed last Monday at $76.29.

According to TipRanks.com, Carcache is a 5-star analyst with an average return of 16.3% and a 79.6% success rate. Carcache covers the Financial sector, focusing on stocks such as Capital One Financial, Huntington Bancshares, and Fifth Third Bancorp.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Discover Financial Services with a $90.80 average price target, a 16.2% upside from current levels. In a report issued on January 23, Wells Fargo also maintained a Hold rating on the stock with a $88.00 price target.

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The company has a one-year high of $92.98 and a one-year low of $65.81. Currently, Discover Financial Services has an average volume of 1.53M.

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Discover Financial Services is a holding company, which engages in the provision of direct banking and payment services. It operates through the Direct Banking and Payment Services segments.