Trump, Synchrony and Credit card
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Why Synchrony Financial (SYF) Shares Are Plunging Today
Shares of consumer financial services company Synchrony Financial (NYSE:SYF) fell 8.1% in the afternoon session after President Donald Trump proposed capping credit card interest rates.
It might seem bad, but the worst that can happen when you buy a stock (without leverage) is that its share price
In the assessment of 12-month price targets, analysts unveil insights for Synchrony Financial, presenting an average target of $91.92, a high estimate of $101.00, and a low estimate of $78.00. This current average reflects an increase of 6.88% from the previous average price target of $86.00.
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This was the stock's fourth consecutive day of losses.
Synchrony Financial stock has reached an all-time high, touching 86.48 USD, marking a significant milestone for the company. The stock currently trades at $86.89, with a P/E ratio of 9.29 and an attractive PEG ratio of 0.
Synchrony Financial (NYSE:SYF) shares are trading higher Monday after the company announced a strategic partnership with OnePay to launch an industry-leading credit card program with Walmart. The Details: Under the partnership, Synchrony will become the ...
Capital One COF and Synchrony Financial SYF are major players in the U.S. financial services industry, primarily focusing on credit card and consumer lending. They generate a large part of their revenues from interest income, transaction fees and customer ...
Walmart shares rose 4% as the retailer will join the Nasdaq 100 on Jan. 20, replacing AstraZeneca. Capital One Financial and Synchrony Financial each fell 9% on President Trump's statement that he wants credit card rates capped at 10%.