Synchrony Financial (NYSE:SYF) Given New $87.00 Price Target at UBS Group

Synchrony Financial (NYSE:SYF) had its target price lifted by stock analysts at UBS Group from $84.00 to $87.00 in a research note issued to investors on Monday,Benzinga reports. The firm currently has a “neutral” rating on the financial services provider’s stock. UBS Group’s price target indicates a potential upside of 11.76% from the company’s previous close.

SYF has been the topic of several other research reports. BTIG Research cut Synchrony Financial from a “buy” rating to a “neutral” rating in a research note on Wednesday, April 22nd. TD Cowen raised their price objective on Synchrony Financial from $89.00 to $90.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Royal Bank Of Canada dropped their price objective on Synchrony Financial from $85.00 to $80.00 and set a “sector perform” rating on the stock in a report on Wednesday, July 22nd. Loop Capital assumed coverage on Synchrony Financial in a research report on Friday, May 22nd. They issued a “hold” rating and a $81.00 target price on the stock. Finally, JPMorgan Chase & Co. reduced their target price on Synchrony Financial from $81.00 to $78.00 and set a “neutral” rating for the company in a research note on Monday, July 13th. Twelve investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $87.89.

Synchrony Financial Stock Up 2.7%

Synchrony Financial stock traded up $2.06 during midday trading on Monday, hitting $77.85. 2,523,884 shares of the stock were exchanged, compared to its average volume of 4,208,184. Synchrony Financial has a 1 year low of $63.08 and a 1 year high of $88.77. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.22 and a quick ratio of 1.22. The firm has a market cap of $25.33 billion, a P/E ratio of 7.98, a P/E/G ratio of 0.71 and a beta of 1.32. The company has a 50 day moving average price of $73.78 and a two-hundred day moving average price of $72.61.

Synchrony Financial (NYSE:SYF) last posted its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $2.59 earnings per share for the quarter, beating analysts’ consensus estimates of $2.14 by $0.45. The company had revenue of $3.72 billion during the quarter, compared to analysts’ expectations of $3.72 billion. Synchrony Financial had a net margin of 15.44% and a return on equity of 23.09%. During the same period in the prior year, the company posted $2.50 EPS. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. On average, sell-side analysts predict that Synchrony Financial will post 9.35 earnings per share for the current fiscal year.

Synchrony Financial declared that its Board of Directors has approved a stock repurchase program on Tuesday, April 21st that authorizes the company to buyback $0.00 in outstanding shares. This buyback authorization authorizes the financial services provider to reacquire shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.

Insider Buying and Selling

In related news, insider Jonathan S. Mothner sold 51,258 shares of Synchrony Financial stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $71.23, for a total value of $3,651,107.34. Following the completion of the transaction, the insider directly owned 132,664 shares in the company, valued at approximately $9,449,656.72. This trade represents a 27.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.36% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. State Street Corp lifted its stake in Synchrony Financial by 1.0% during the third quarter. State Street Corp now owns 19,080,903 shares of the financial services provider’s stock worth $1,355,698,000 after purchasing an additional 191,920 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Synchrony Financial by 34.6% during the second quarter. Bank of America Corp DE now owns 13,595,381 shares of the financial services provider’s stock worth $907,356,000 after purchasing an additional 3,494,741 shares during the period. Morgan Stanley lifted its position in shares of Synchrony Financial by 7.6% in the 4th quarter. Morgan Stanley now owns 6,230,111 shares of the financial services provider’s stock worth $519,778,000 after buying an additional 442,226 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Synchrony Financial by 6.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 6,039,753 shares of the financial services provider’s stock worth $410,760,000 after buying an additional 365,353 shares during the last quarter. Finally, Invesco Ltd. boosted its holdings in shares of Synchrony Financial by 10.4% in the 4th quarter. Invesco Ltd. now owns 5,490,921 shares of the financial services provider’s stock valued at $458,108,000 after buying an additional 517,781 shares during the period. Institutional investors own 96.48% of the company’s stock.

About Synchrony Financial

Synchrony Financial (NYSE: SYF) is a consumer financial services company that specializes in providing point-of-sale financing and private-label, co-branded and branded credit card programs. The company serves as a payments and lending partner to retailers, digital merchants and service providers, offering consumer financing solutions designed to drive customer engagement and sales. Synchrony also operates a direct bank that offers deposit products, including savings accounts and certificates of deposit, which support its funding and customer-facing product suite.

Its core product set includes private-label and co-branded credit cards, general-purpose credit cards, installment loan programs and promotional financing options that are integrated into merchants’ checkout experiences.