- Synchrony Financial (SYF, Financial) steps up its capital flexibility with a new mixed securities shelf filing.
- Analyst consensus suggests a hopeful prospect with a projected average price target of $73.32.
- GuruFocus estimates indicate a potential downside based on GF Value with a forecast of $68.02.
Synchrony Financial (SYF) has strategically initiated an automatic mixed securities shelf filing. This significant step provides the company with the agility to raise capital by issuing various types of securities, whether debt or equity, whenever required in the future. This flexibility can prove crucial for leveraging market conditions and strengthening the company's financial position.
Wall Street Analysts Forecast
Examining the insights from 19 Wall Street analysts, the average one-year price target for Synchrony Financial (SYF, Financial) stands at $73.32. This forecast includes a high estimate of $88.00 and a low estimate of $56.00. The average target price suggests a potential upside of 4.45% from the current market price of $70.19. Investors seeking more comprehensive estimates can explore the detailed data on the Synchrony Financial (SYF) Forecast page.
The brokerage consensus from 22 firms presents Synchrony Financial's (SYF, Financial) average recommendation at 2.1, which translates to an "Outperform" status. This recommendation falls on a scale from 1 to 5, where 1 indicates a Strong Buy and 5 signifies a Sell recommendation. This suggests that analysts generally hold a positive outlook for SYF, anticipating it will outperform the broader market.
Evaluating GF Value Estimates
According to GuruFocus estimates, the projected one-year GF Value for Synchrony Financial (SYF, Financial) is $68.02. This indicates a potential downside of 3.09% relative to the current market price of $70.19. The GF Value represents GuruFocus' calculation of what the stock's fair value should be, derived from historical trading multiples, previous business growth, and future performance projections. For a deeper dive into the business's fundamentals and valuation metrics, investors can visit the Synchrony Financial (SYF) Summary page.
