In a report released yesterday, Dominick Gabriele from Oppenheimer maintained a Hold rating on Discover Financial Services (DFS). The company’s shares closed last Thursday at $51.63.
According to TipRanks.com, Gabriele is a 1-star analyst with an average return of -2.1% and a 50.0% success rate. Gabriele covers the Financial sector, focusing on stocks such as Capital One Financial, Synchrony Financial, and American Express.
Discover Financial Services has an analyst consensus of Moderate Buy, with a price target consensus of $57.55, which is a 14.4% upside from current levels. In a report issued on July 13, Wells Fargo also maintained a Hold rating on the stock.
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Discover Financial Services’ market cap is currently $15.53B and has a P/E ratio of 7.30. The company has a Price to Book ratio of 1.73.
Based on the recent corporate insider activity of 51 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 DFS 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.
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. The Direct Banking segment offers Discover-branded credit cards issued to individuals and small businesses on the Discover Network; and consumer banking products and services, including private student loans, personal loans, home equity loans, and deposit products. The Payment Services segment includes PULSE, Diners Club, and the company’s network partners business, which includes credit, debit, and prepaid cards issued on the Discover Network by third parties. The company was founded in 1986 and is headquartered in Riverwoods, IL.
