Tuesday, March 05, 2013 1:04:10 PM
Posted by Tammy Falkenburg on Mar 5th, 2013
http://www.americanbankingnews.com/getthestreet reaffirmed their buy rating on shares of Discover Financial Services (NYSE: DFS) in a research note released on Friday morning.
“Discover Financial Services (DFS) has been reiterated by TheStreet Ratings as a buy with a ratings score of A- . The company’s strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, revenue growth, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.” the firm’s analyst wrote.
A number of other analysts have also recently weighed in on DFS. Analysts at Nomura reiterated a buy rating on shares of Discover Financial Services in a research note to investors on Wednesday, February 27th. They now have a $50.00 price target on the stock. Separately, analysts at FBR Capital reiterated a market perform rating on shares of Discover Financial Services in a research note to investors on Tuesday, February 19th. They now have a $42.00 price target on the stock. Finally, analysts at Zacks reiterated a neutral rating on shares of Discover Financial Services in a research note to investors on Monday, February 11th. They now have a $42.00 price target on the stock.
Seventeen analysts have rated the stock with a buy rating, and eight have given a hold rating to the company’s stock. The company currently has an average rating of overweight and an average price target of $46.05.
Discover Financial Services traded up 2.21% on Friday, hitting $40.64. Discover Financial Services has a 52-week low of $29.62 and a 52-week high of $42.08. The stock’s 50-day moving average is currently $38.95. The company has a market cap of $20.219 billion and a price-to-earnings ratio of 8.91.
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http://zolmax.com/discover-financial-services-given-buy-rating-at-thestreet-dfs/2946081/46081/
DFS
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