Morgan Stanley (NYSE:MS) analyst Betsy Graseck maintained a Hold rating on Synchrony Financial (NYSE:SYF) on Monday, setting a price target of $27, which is approximately 1.68% below the present share price of $27.46.
Graseck expects Synchrony Financial to post earnings per share (EPS) of $0.06 for the fourth quarter of 2020.
The current consensus among 12 TipRanks analysts is for a Moderate Buy rating of shares in Synchrony Financial, with an average price target of $28.08.
The analysts price targets range from a high of $40 to a low of $21.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $3.49 billion and a net profit of $0. The company's market cap is $16.03 billion.
According to TipRanks.com, Morgan Stanley analyst Betsy Graseck is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 3.3% and a 52.20% 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.