Analysts at Jefferies & Co Kept their Past ‘”Buy”’ rating on Shares Discover Financial Services DFS (NYSE:DFS), Set a $82.00 Price Objective

June 19, 2017 - By Adrian Mccoy

 Analysts at Jefferies & Co Kept their Past ‘

Investors sentiment decreased to 0.95 in Q4 2016. Its down 0.04, from 0.99 in 2016Q3. It dived, as 51 investors sold Discover Financial Services shares while 284 reduced holdings. 110 funds opened positions while 209 raised stakes. 321.61 million shares or 0.07% more from 321.39 million shares in 2016Q3 were reported.

Valley Advisers Inc owns 583 shares or 0.02% of their US portfolio. Guardian Life Insurance Com Of America has invested 0.02% in Discover Financial Services (NYSE:DFS). Moreover, Roberts Glore & Company Il has 0.15% invested in Discover Financial Services (NYSE:DFS) for 2,910 shares. Honeywell Intl accumulated 266,800 shares. White Pine Inv stated it has 2.9% in Discover Financial Services (NYSE:DFS). Jag Cap Mgmt Ltd Liability Corp stated it has 33,426 shares or 0.49% of all its holdings. Whittier Trust reported 0.01% stake. 185,370 were accumulated by Chicago Equity Limited Liability Corp. Salzhauer Michael, New York-based fund reported 6,493 shares. Convergence Investment Ptnrs Limited Liability Corp holds 38,460 shares. Ativo Capital Mgmt Ltd Liability Company owns 40,853 shares or 0.69% of their US portfolio. Nationwide Fund holds 0.2% of its portfolio in Discover Financial Services (NYSE:DFS) for 655,172 shares. Daiwa Sb Investments Limited holds 0.31% in Discover Financial Services (NYSE:DFS) or 16,140 shares. Axa invested 0.14% of its portfolio in Discover Financial Services (NYSE:DFS). Cantab Cap Partners Llp reported 0% in Discover Financial Services (NYSE:DFS).

Discover Financial Services DFS (NYSE:DFS) Rating Reaffirmed

Jefferies & Co now has a $82.00 target price on the $23.46B market cap company or 34.21 % upside potential. In a report made public on 16 June, Discover Financial Services DFS (NYSE:DFS) shares have had their “Buy” Rating reiterated by investment analysts at Jefferies & Co.

Investors sentiment decreased to 0.95 in Q4 2016. Its down 0.04, from 0.99 in 2016Q3. It dived, as 51 investors sold Discover Financial Services shares while 284 reduced holdings. 110 funds opened positions while 209 raised stakes. 321.61 million shares or 0.07% more from 321.39 million shares in 2016Q3 were reported.

Valley Advisers Inc owns 583 shares or 0.02% of their US portfolio. Guardian Life Insurance Com Of America has invested 0.02% in Discover Financial Services (NYSE:DFS). Moreover, Roberts Glore & Company Il has 0.15% invested in Discover Financial Services (NYSE:DFS) for 2,910 shares. Honeywell Intl accumulated 266,800 shares. White Pine Inv stated it has 2.9% in Discover Financial Services (NYSE:DFS). Jag Cap Mgmt Ltd Liability Corp stated it has 33,426 shares or 0.49% of all its holdings. Whittier Trust reported 0.01% stake. 185,370 were accumulated by Chicago Equity Limited Liability Corp. Salzhauer Michael, New York-based fund reported 6,493 shares. Convergence Investment Ptnrs Limited Liability Corp holds 38,460 shares. Ativo Capital Mgmt Ltd Liability Company owns 40,853 shares or 0.69% of their US portfolio. Nationwide Fund holds 0.2% of its portfolio in Discover Financial Services (NYSE:DFS) for 655,172 shares. Daiwa Sb Investments Limited holds 0.31% in Discover Financial Services (NYSE:DFS) or 16,140 shares. Axa invested 0.14% of its portfolio in Discover Financial Services (NYSE:DFS). Cantab Cap Partners Llp reported 0% in Discover Financial Services (NYSE:DFS).

Discover Financial Services (NYSE:DFS) Ratings Coverage

Among 24 analysts covering Discover Financial Services (NYSE:DFS), 16 have Buy rating, 0 Sell and 8 Hold. Therefore 67% are positive. Discover Financial Services has $84 highest and $43 lowest target. $65.71’s average target is 7.18% above currents $61.31 stock price. Discover Financial Services had 47 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Discover Financial Services (NYSE:DFS) has “Outperform” rating given on Tuesday, October 6 by Oppenheimer. The stock of Discover Financial Services (NYSE:DFS) earned “Buy” rating by Argus Research on Wednesday, December 16. On Thursday, February 11 the stock rating was downgraded by Bank of America to “Neutral”. As per Wednesday, April 20, the company rating was maintained by JP Morgan. On Thursday, June 1 the stock rating was maintained by BMO Capital Markets with “Hold”. Goldman Sachs maintained the stock with “Buy” rating in Wednesday, April 20 report. The firm has “Buy” rating given on Saturday, September 5 by Bank of America. The firm earned “Buy” rating on Tuesday, April 11 by Wood. Deutsche Bank maintained the shares of DFS in report on Thursday, February 18 with “Hold” rating. The stock of Discover Financial Services (NYSE:DFS) earned “Buy” rating by DA Davidson on Wednesday, January 13.

About 162,079 shares traded. Discover Financial Services (NYSE:DFS) has risen 10.42% since June 19, 2016 and is uptrending. It has underperformed by 6.28% the S&P500.

Investors wait Discover Financial Services (NYSE:DFS) to report on July, 18. its quarterly earnings Wall Street analysts expect $1.50 EPS, up $0.03 or 2.04 % from last year’s $1.47 same quarter earnings. This translates into $573.76M profit for DFS giving the stock a 10.21 P/E. This is assuming the current $1.50 EPS is accurate. Discover Financial Services’s Wall Street analysts see 4.90 % EPS growth, taking into account the $1.43 EPS reproted in the previous quarter,

Discover Financial Services is a direct banking and payment services company. The company has market cap of $23.46 billion. The Firm is a bank holding company, as well as a financial holding company. It has a 10.49 P/E ratio. The Firm operates through two divisions: Direct Banking and Payment Services.

More notable recent Discover Financial Services (NYSE:DFS) news were published by: Chicagotribune.com which released: “Discover Financial Services employees in Riverwoods volunteer to spruce up …” on June 08, 2017, also Nasdaq.com with their article: “Why Is Discover Financial (DFS) Down 9.2% Since the Last Earnings Report?” published on May 26, 2017, Realmoney.Thestreet.com published: “Hard to Find a Reason to Go Long on Discover Financial” on May 24, 2017. More interesting news about Discover Financial Services (NYSE:DFS) were released by: Businesswire.com and their article: “Discover Financial Services to Present at William Blair 2017 Growth Stock …” published on June 01, 2017 as well as Seekingalpha.com‘s news article titled: “Discover Financial Services: An Undervalued Well-Run Cash Cow” with publication date: June 06, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.