Zacks Gives Outperform Rating to Discover Financial Services (DFS)

By admin | 6 years ago

Discover Financial Services (NYSE: DFS)‘s stock had its “outperform” rating reaffirmed by Zacks in a research note issued on Friday. They currently have a $39.00 price target on the stock.

Several other analysts have also recently commented on the stock. Analysts at Bank of America (NYSE: BAC) raised their EPS on shares of Discover Financial Services in a research note to investors on Monday, April 2nd. They now have a “buy” rating on the stock. Separately, analysts at Guggenheim raised their price target on shares of Discover Financial Services to $38.00 in a research note to investors on Monday, March 26th. They now have a “buy” rating on the stock. Finally, analysts at Nomura (NYSE: NMR) reiterated a “positive” rating on shares of Discover Financial Services in a research note to investors on Friday, March 23rd.

Discover Financial Services opened at 32.73 on Friday. Discover Financial Services has a 52-week low of $20.51 and a 52-week high of $34.43. The company has a market cap of $17.357 billion and a price-to-earnings ratio of 7.41.

Discover Financial Services last posted its quarterly earnings results on Wednesday, March 21st. The company reported $1.18 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.96 by $0.22. The company’s quarterly revenue was up 6.3% on a year-over-year basis. Analysts expect that Discover Financial Services will post $0.96 EPS next quarter.

Discover Financial Services (Discover) is a direct banking and payment services company. The Company operates as a bank holding company and a financial holding company.

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