Wolfe Research Issues Positive Forecast for Synchrony Financial (NYSE:SYF) Stock Price

Key Points

• Wolfe Research raised Synchrony Financial’s price target from $85 to $90 and maintained an “outperform” rating, implying approximately 12.1% upside from the stock’s $80.29 price.
• Analyst sentiment is broadly positive: 12 analysts rate Synchrony a Buy and seven rate it Hold, producing a “Moderate Buy” consensus rating and an average price target of $87.78.
• Synchrony exceeded quarterly earnings expectations, reporting $2.59 in EPS versus the $2.14 consensus estimate. Institutional investors own 96.48% of the company’s shares.

Synchrony Financial (NYSE:SYF - Get Free Report) had its target price hoisted by research analysts at Wolfe Research from $85.00 to $90.00 in a research report issued on Tuesday,Benzinga reports. The brokerage presently has an "outperform" rating on the financial services provider's stock. Wolfe Research's target price suggests a potential upside of 12.10% from the stock's current price.

A number of other research analysts also recently issued reports on the stock. Robert W. Baird boosted their price target on shares of Synchrony Financial from $86.00 to $90.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 22nd. Wells Fargo & Company cut their price objective on shares of Synchrony Financial from $95.00 to $88.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 22nd. JPMorgan Chase & Co. reduced their price target 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. HSBC increased 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. Finally, Loop Capital assumed coverage on shares of Synchrony Financial in a research note on Friday, May 22nd. They issued a "hold" rating and a $81.00 price objective for the company. Twelve research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, Synchrony Financial currently has an average rating of "Moderate Buy" and a consensus price target of $87.78.

Synchrony Financial Price Performance

Shares of SYF traded up $0.27 during trading hours on Tuesday, reaching $80.29. The stock had a trading volume of 387,868 shares, compared to its average volume of 4,076,947. The stock has a market capitalization of $26.12 billion, a PE ratio of 8.22, a PEG ratio of 0.73 and a beta of 1.32. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.22 and a current ratio of 1.22. The company's 50-day moving average is $76.26 and its two-hundred day moving average is $72.96. Synchrony Financial has a 12 month low of $63.08 and a 12 month high of $88.77.

Synchrony Financial (NYSE:SYF - Get Free Report) last issued its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $2.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.14 by $0.45. The business had revenue of $3.72 billion during the quarter, compared to analyst estimates of $3.72 billion. Synchrony Financial had a net margin of 15.44% and a return on equity of 23.09%. During the same quarter last year, the business earned $2.50 EPS. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. Research analysts expect that Synchrony Financial will post 9.37 EPS for the current year.

Institutional Investors Weigh In On Synchrony Financial

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. FWL Investment Management LLC purchased a new position in shares of Synchrony Financial in the third quarter valued at $26,000. Fideuram Asset Management Ireland dac purchased a new position in Synchrony Financial during the 4th quarter valued at about $29,000. Compass Financial Management LLC bought a new stake in shares of Synchrony Financial during the second quarter valued at about $29,000. Advisors Asset Management Inc. purchased a new stake in shares of Synchrony Financial in the fourth quarter worth about $29,000. Finally, Palisade Asset Management LLC bought a new position in shares of Synchrony Financial in the third quarter valued at approximately $29,000. Institutional investors own 96.48% of the company's stock.

About Synchrony Financial

Synchrony Financial NYSE: SYF is a consumer financial services company that specializes in providing point-of-sale financing and private-label, co-branded and branded credit card programs. The company serves as a payments and lending partner to retailers, digital merchants and service providers, offering consumer financing solutions designed to drive customer engagement and sales. Synchrony also operates a direct bank that offers deposit products, including savings accounts and certificates of deposit, which support its funding and customer-facing product suite.

Its core product set includes private-label and co-branded credit cards, general-purpose credit cards, installment loan programs and promotional financing options that are integrated into merchants' checkout experiences.

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