Jefferies (NYSE:JEF) analyst John Hecht maintained a Buy rating on Synchrony Financial (NYSE:SYF) on Friday, setting a price target of $58, which is approximately 24.52% above the present share price of $46.58.
Hecht expects Synchrony Financial to post earnings per share (EPS) of $2.13 for the third quarter of 2021.
The current consensus among 17 TipRanks analysts is for a Strong Buy rating of shares in Synchrony Financial, with an average price target of $57.
The analysts price targets range from a high of $65 to a low of $49.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $3.65 billion and a net profit of $0. The company's market cap is $26.54 billion.
According to TipRanks.com, Jefferies analyst John Hecht is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 17.8% and a 73.63% success rate.
Synchrony Financial engages in the provision of consumer financial services. It operates through three sales platforms: Retail Card, Payment Solutions, and CareCredit. The Retail Card platform is a provider of private label credit cards, and also provides Dual Cards and small-and medium-sized business credit products. The Payment Solutions platform is a provider of promotional financing for major consumer purchases, offering private label credit cards and instalment loans. The CareCredit platform is a provider of promotional financing to consumers for elective healthcare procedures or services, such as dental, veterinary, cosmetic, vision and audiology. The company was founded on September 12, 2003 and is headquartered in Stamford, CT.