In a report released yesterday, Sanjay Sakhrani from KBW maintained a Hold rating on Bread Financial Holdings (BFH – Research Report), with a price target of $34.00. The company’s shares closed yesterday at $37.57.
According to TipRanks, Sakhrani is a 5-star analyst with an average return of 11.9% and a 70.46% success rate. Sakhrani covers the Financial sector, focusing on stocks such as American Express, Capital One Financial, and Discover Financial Services.
The word on The Street in general, suggests a Hold analyst consensus rating for Bread Financial Holdings with a $36.38 average price target, a -3.17% downside from current levels. In a report released yesterday, TD Cowen also maintained a Hold rating on the stock with a $36.00 price target.
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The company has a one-year high of $41.10 and a one-year low of $22.57. Currently, Bread Financial Holdings has an average volume of 743.5K.
Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BFH in relation to earlier this year.
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Bread Financial Holdings (BFH) Company Description:
Alliance Data Systems Corp. engages in the provision of data-driven and transaction-based marketing and customer loyalty solutions. It operates through the following segments: LoyaltyOne, Epsilon and Card Services. The LoyaltyOne segment provides coalition and short-term loyalty programs. The Epsilon segment offers end-to-end, integrated marketing solutions. The Card Services offers risk management solutions, account origination, funding, transaction processing, customer care, collections, and marketing services for the company’s private label and co-brand credit card programs. The company was founded in 1996 and is headquartered in Columbus, Ohio.
Read More on BFH:
- Bread Financial Provides Performance Update for January 2024
- Bread Financial™ to Participate in the Bank of America 2024 Financial Services Conference and KBW’s 2024 Fintech & Payments Conference
- Bread Financial management to meet virtually with Seaport Research
- Bread Financial price target raised to $45 from $40 at Argus
- Bread Financial price target raised to $41 from $38 at Seaport Research
