Overview
Discover Financial Services (NYSE:
DFS)'s current trading price of $52.70 represents a 22 percent discount to
Yahoo! Finance’s average analyst price target. Discover Financial has a
10.12 price-to-earnings ratio, compared to P/Es of 27.31 and 28.35 for
Visa Inc (NYSE:
V) and
Mastercard Inc (NYSE:
MA), respectively. Discover Financial's dividend yield is 2.02 percent, higher than
American Express Company (NYSE:
AXP)'s 1.82
percent and nearly twice Visa’s 0.71 percent yield. The company has had earnings surprises in 12 out of the past 15 quarters.
Related Link: Starbucks' Cards Hold More Cash Than Some Banks Hold In
Deposits
Appeal
Discover Financial could be a good fit for investors looking for a play in financials following the recent interest rate
announcement.
Even in the prevailing low-rate environment, three analysts raised their price targets an average of 4.7 percent following their
Q1 earnings release.
Discover has already rebounded 2 percent from lows hit Thursday after the Federal Reserve Bank’s announcement that rates would
stay put. Shares traded Friday at $52.64 two hours before the close.
Latest Ratings for DFS
| Date |
Firm |
Action |
From |
To |
| May 2016 |
Deutsche Bank |
Maintains |
|
Buy |
| Apr 2016 |
Goldman Sachs |
Maintains |
|
Buy |
| Apr 2016 |
JP Morgan |
Maintains |
|
Neutral |
View More Analyst Ratings for
DFS
View the Latest Analyst Ratings
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