Synchrony Financial (SYF) Receives a Hold from KBW

In a report released yesterday, Sanjay Sakhrani from KBW maintained a Hold rating on Synchrony Financial (SYF – Research Report), with a price target of $45.00. The company’s shares closed yesterday at $45.02.

Sakhrani covers the Financial sector, focusing on stocks such as Capital One Financial, American Express, and Bread Financial Holdings. According to TipRanks, Sakhrani has an average return of 13.3% and a 72.70% success rate on recommended stocks.

Currently, the analyst consensus on Synchrony Financial is a Moderate Buy with an average price target of $43.85, a -2.60% downside from current levels. In a report released on April 10, Wells Fargo also assigned a Hold rating to the stock with a $45.00 price target.

SYF market cap is currently $17.44B and has a P/E ratio of 8.27.

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Synchrony Financial (SYF) Company Description:

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.