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Friday, 07/17/2015 8:44:13 AM

Friday, July 17, 2015 8:44:13 AM

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Analyst Price Target Update on Synchrony Financial
Matt Young July 16, 2015
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Synchrony Financial (NYSE:SYF): The mean short term price target for Synchrony Financial (NYSE:SYF) has been established at $34.15 per share. The higher price target estimate is at $38 and the lower price target estimate is expected at $29 according to 10 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $2.75

Analysts at Zacks have given a short term rating of hold on Synchrony Financial (NYSE:SYF) with a rank of 3. The company has received an average rating of 1.7 from 10 brokerage firms. 6 analysts have rated the company as a strong buy. The company has been rated as hold from 3 Wall Street Analysts. 1 analysts have suggested buy for the shares.

Company has received recommendation from many analysts. In the statement by the brokerage house, Barclays upgrades its outlook on Synchrony Financial (NYSE:SYF). The current rating of the shares is Overweight, according to the research report released by the firm. Previously, the company had a rating of Equal-weight. The brokerage firm raises the price target from $30 per share to $38 per share. The rating by the firm was issued on July 9, 2015.

Synchrony Financial (NYSE:SYF) witnessed a decline in the market cap on Thursday as its shares dropped 0.03% or 0.01 points. After the session commenced at $34.26, the stock reached the higher end at $34.46 while it hit a low of $34.07. With the volume soaring to 636,575 shares, the last trade was called at $34.13. The company has a 52-week high of $34.365. The company has a market cap of $28,456 million and there are 833,765,000 shares in outstanding. The 52-week low of the share price is $22.6.

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