Synchrony Financial (NYSE:SYF) has received a “BBB” credit rating from analysts at Morningstar. The firm’s “BBB” rating suggests that the company is a moderate default risk. They also gave their stock a four star rating.

A number of other research analysts also recently issued reports on SYF. Deutsche Bank reiterated a “buy” rating on shares of Synchrony Financial in a research report on Tuesday, October 6th. Zacks Investment Research downgraded shares of Synchrony Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, October 6th. BTIG Research reiterated a “buy” rating and set a $42.00 target price on shares of Synchrony Financial in a research report on Wednesday, October 7th. Credit Suisse dropped their target price on shares of Synchrony Financial from $39.00 to $38.00 and set an “outperform” rating on the stock in a research report on Thursday, October 8th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Synchrony Financial from $40.00 to $37.50 in a research report on Thursday, October 8th. Two analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company. Synchrony Financial presently has a consensus rating of “Buy” and an average target price of $39.00.

Synchrony Financial (NYSE:SYF) opened at 27.99 on Friday. The company has a market cap of $23.34 billion and a price-to-earnings ratio of 10.56. The company’s 50-day moving average is $29.35 and its 200 day moving average is $31.75. Synchrony Financial has a 52-week low of $26.28 and a 52-week high of $36.40.

Synchrony Financial (NYSE:SYF) last released its quarterly earnings results on Friday, January 22nd. The company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.02. The company earned $3.21 billion during the quarter, compared to the consensus estimate of $3.20 billion. The business’s revenue was up 4.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.64 EPS. Equities analysts forecast that Synchrony Financial will post $2.81 earnings per share for the current fiscal year.

An institutional investor recently bought a new position in Synchrony Financial stock. Osborn Rohs Williams & Donohoe purchased a new stake in shares of Synchrony Financial (NYSE:SYF) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,490 shares of the company’s stock, valued at approximately $380,000.

Synchrony Financial (NYSE:SYF) is a consumer financial services company. The Company provides a range of credit products through programs it has established with a group of retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers. The Company’s revenue activities are managed through three sales platforms: Retail Card, Payment Solutions and CareCredit. The Company offers two types of credit cards: private label credit cards and Dual Cards. It offers its credit products through its wholly owned subsidiary, Synchrony Bank (the Bank). Through the Bank, it offers a range of deposit products insured by the Federal Deposit Insurance Corporation (FDIC), including certificates of deposit, individual retirement accounts (IRAs), money market accounts and savings accounts, under its Optimizer+Plus brand.

12 Month Chart for NYSE:SYF

To view more credit ratings from Morningstar, visit www.jdoqocy.comclick-7674909-10651170.

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