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Synchrony Financial (NYSE:SYF) stock price target increased to $31.00, reported today by Wedbush

Just yesterday Synchrony Financial (NYSE:SYF) traded 0.00% even at $26.73. Synchrony Financial’s 50-day moving average is $27.29 and its 200-day moving average is $28.25. The last stock close price is down -5.37% from the 200-day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Volume of trade was down over the average, with 0 shares of SYF changing hands under the typical 6,531,070

Synchrony Financial (NYSE:SYF) had its target price raised to $31.00 by Wedbush in a report released 10/10/2016. The new target price indicates a possible upside of 0.16% based on the company's last stock close price.

Performance Chart

Synchrony Financial (NYSE:SYF)

With a total market value of $0, Synchrony Financial has price-earnings ratio of 10.20 with a one year low of $23.25 and a one year high of $34.60 .

A total of 21 equity analysts have released a ratings update on SYF. Six equity analysts rating the company a strong buy, thirteen equity analysts rating the company a buy, two equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $37.29.

Brief Synopsis About Synchrony Financial (NYSE:SYF)

Synchrony Financial is a consumer financial services company. The Company provides a range of credit products through programs it has established with a group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers. The Company's revenue activities are managed through three sales platforms: Retail Card, Payment Solutions and CareCredit. It offers its credit products through its subsidiary, Synchrony Bank (the Bank). Through the Bank, it offers a range of deposit products insured by the Federal Deposit Insurance Corporation (FDIC), including certificates of deposit, individual retirement accounts (IRAs), money market accounts and savings accounts. The Company offers three types of credit products: credit cards, commercial credit products and consumer installment loans. The Company also offers a debt cancellation product. It offers two types of credit cards: private label credit cards and Dual Cards.

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