Evercore ISI has increased the price target for Discover (DFS, Financial) from $212 to $214 while maintaining its In Line rating for the stock. This modification is part of the firm's broader effort to update earnings per share (EPS) estimates and target prices for a range of regional banks and specialty finance companies, following adjustments to their models after the first quarter.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 11 analysts, the average target price for Discover Financial Services (DFS, Financial) is $200.00 with a high estimate of $240.00 and a low estimate of $153.00. The average target implies an upside of 8.08% from the current price of $185.04. More detailed estimate data can be found on the Discover Financial Services (DFS) Forecast page.
Based on the consensus recommendation from 17 brokerage firms, Discover Financial Services's (DFS, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Discover Financial Services (DFS, Financial) in one year is $153.62, suggesting a downside of 16.98% from the current price of $185.04. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Discover Financial Services (DFS) Summary page.
