UBS Group Has Lowered Expectations for Synchrony Financial (NYSE:SYF) Stock Price

Synchrony Financial (NYSE:SYF) had its price target dropped by UBS Group from $87.00 to $81.00 in a research report issued on Monday, Benzinga reports. The brokerage presently has a “neutral” rating on the financial services provider’s stock. UBS Group’s price objective indicates a potential upside of 12.60% from the company’s current price.

SYF has been the topic of a number of other reports. Robert W. Baird boosted their target price on shares of Synchrony Financial from $86.00 to $90.00 and gave the stock an “outperform” rating in a report on Wednesday, July 22nd. Royal Bank Of Canada reduced their price objective on Synchrony Financial from $85.00 to $80.00 and set a “sector perform” rating on the stock in a research note on Wednesday, July 22nd. Wells Fargo & Company lowered their price objective on Synchrony Financial from $95.00 to $88.00 and set an “overweight” rating for the company in a research note on Wednesday, July 22nd. JPMorgan Chase & Co. dropped their target price on Synchrony Financial from $81.00 to $78.00 and set a “neutral” rating for the company in a report on Monday, July 13th. Finally, TD Cowen increased their target price on shares of Synchrony Financial from $89.00 to $90.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Nine investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $88.57.

Synchrony Financial Price Performance

NYSE SYF traded up $0.16 during trading on Monday, hitting $71.93. 2,212,810 shares of the stock traded hands, compared to its average volume of 3,936,417. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.08. Synchrony Financial has a 12-month low of $63.08 and a 12-month high of $88.77. The firm has a 50-day simple moving average of $76.87 and a 200-day simple moving average of $74.08. The company has a market capitalization of $23.41 billion, a P/E ratio of 7.37, a price-to-earnings-growth ratio of 0.62 and a beta of 1.35.

Synchrony Financial (NYSE:SYF) last issued its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $2.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.14 by $0.45. Synchrony Financial had a return on equity of 23.09% and a net margin of 15.44%.The business had revenue of $3.72 billion for the quarter, compared to analysts’ expectations of $3.72 billion. During the same period in the prior year, the firm earned $2.50 EPS. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. As a group, analysts predict that Synchrony Financial will post 9.38 EPS for the current year.

Institutional Investors Weigh In On Synchrony Financial

Several institutional investors and hedge funds have recently made changes to their positions in SYF. Compass Financial Management LLC acquired a new stake in Synchrony Financial during the 2nd quarter worth about $29,000. Reflection Asset Management purchased a new stake in Synchrony Financial in the fourth quarter valued at $31,000. Fiduciary Financial Advisors acquired a new stake in Synchrony Financial during the 2nd quarter worth about $33,000. Center for Financial Planning Inc. raised its stake in shares of Synchrony Financial by 242.9% during the 1st quarter. Center for Financial Planning Inc. now owns 480 shares of the financial services provider’s stock valued at $33,000 after buying an additional 340 shares during the last quarter. Finally, CoreFirst Bank & Trust boosted its stake in shares of Synchrony Financial by 57.8% in the first quarter. CoreFirst Bank & Trust now owns 505 shares of the financial services provider’s stock worth $34,000 after buying an additional 185 shares during the last quarter. 96.48% of the stock is currently owned by institutional investors and hedge funds.

Synchrony Financial Company Profile

Synchrony Financial (NYSE: SYF) is a consumer financial services company that provides credit products and related services through partnerships with retailers, manufacturers, healthcare providers and other businesses. The company is best known for private-label credit cards and dual-use credit cards that allow consumers to finance purchases with participating brands.

Synchrony’s offerings also include promotional financing, installment loans and other consumer payment solutions. Its products support spending across areas such as retail, home improvement, consumer electronics, healthcare, automotive and lifestyle purchases.