Synchrony Financial (NYSE:SYF) Stock Rating Raised to Hold at BMO Capital Markets

Key Points

• BMO Capital Markets upgraded Synchrony Financial to a “Hold” rating, while analysts overall maintain a “Moderate Buy” consensus with an average price target of $87.80.
• Synchrony reported quarterly EPS of $2.59, beating estimates of $2.14, on revenue of $3.72 billion; management set fiscal 2026 EPS guidance at $9.25–$9.50.
• Shares opened at $72.78, below the average analyst target, while institutional investors own 96.48% of the company’s stock.

Synchrony Financial (NYSE:SYF - Get Free Report) was upgraded by research analysts at BMO Capital Markets to a "hold" rating in a report issued on Thursday, Zacks reports.

SYF has been the subject of several other research reports. TD Cowen dropped their price objective on shares of Synchrony Financial from $90.00 to $86.00 and set a "buy" rating for the company in a research note on Tuesday. HSBC lifted their price objective on Synchrony Financial from $93.00 to $97.00 and gave the stock a "buy" rating in a research note on Monday, July 13th. JPMorgan Chase & Co. decreased their target price on shares of Synchrony Financial from $81.00 to $78.00 and set a "neutral" rating for the company in a research report on Monday, July 13th. Robert W. Baird raised their target price on Synchrony Financial from $86.00 to $90.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 22nd. Finally, Wells Fargo & Company reduced their price target on shares of Synchrony Financial from $95.00 to $88.00 and set an "overweight" rating for the company in a report on Wednesday, July 22nd. Nine research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company's stock. According to MarketBeat, Synchrony Financial has an average rating of "Moderate Buy" and an average target price of $87.80.

Synchrony Financial Price Performance

Shares of NYSE:SYF opened at $72.78 on Thursday. The firm has a 50 day moving average of $76.50 and a 200-day moving average of $74.26. Synchrony Financial has a 12 month low of $63.08 and a 12 month high of $88.77. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.08. The stock has a market capitalization of $23.68 billion, a PE ratio of 7.46, a PEG ratio of 0.63 and a beta of 1.35.

Synchrony Financial (NYSE:SYF - Get Free Report) last posted its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $2.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.14 by $0.45. Synchrony Financial had a net margin of 15.44% and a return on equity of 23.09%. The business had revenue of $3.72 billion for the quarter, compared to analyst estimates of $3.72 billion. During the same quarter last year, the business posted $2.50 EPS. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. On average, equities research analysts predict that Synchrony Financial will post 9.40 EPS for the current fiscal year.

Hedge Funds Weigh In On Synchrony Financial

A number of hedge funds and other institutional investors have recently made changes to their positions in SYF. Bank of America Corp DE purchased a new position in shares of Synchrony Financial during the second quarter worth about $1,122,961,000. Raiffeisen Bank International AG boosted its holdings in Synchrony Financial by 7,984.0% during the 2nd quarter. Raiffeisen Bank International AG now owns 23,282 shares of the financial services provider's stock valued at $1,825,000 after acquiring an additional 22,994 shares during the period. Basswood Capital Management L.L.C. bought a new position in shares of Synchrony Financial in the second quarter worth approximately $45,734,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Synchrony Financial in the 2nd quarter worth $22,798,000. Finally, Assenagon Asset Management S.A. increased its holdings in Synchrony Financial by 959.4% during the 1st quarter. Assenagon Asset Management S.A. now owns 545,880 shares of the financial services provider's stock valued at $37,131,000 after purchasing an additional 494,354 shares during the period. 96.48% of the stock is owned by hedge funds and other institutional investors.

Synchrony Financial Company Profile

Synchrony Financial NYSE: SYF is a consumer financial services company that provides credit products and related services through partnerships with retailers, manufacturers, healthcare providers and other businesses. The company is best known for private-label credit cards and dual-use credit cards that allow consumers to finance purchases with participating brands.

Synchrony's offerings also include promotional financing, installment loans and other consumer payment solutions. Its products support spending across areas such as retail, home improvement, consumer electronics, healthcare, automotive and lifestyle purchases.

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