Discover Financial Services Now Covered by UBS AG (DFS)
Analysts at UBS AG assumed coverage on shares of Discover Financial Services (NYSE:DFS) in a research report issued to clients and investors on Monday, TheFlyOnTheWall.com reports. The firm set a “neutral” rating on the stock.
Discover Financial Services (NYSE:DFS) last posted its quarterly earnings results on Monday, October 21st. The company reported $1.20 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.19 by $0.01. The company had revenue of $2.06 billion for the quarter, compared to the consensus estimate of $2.07 billion. The company’s revenue for the quarter was up 1.0% on a year-over-year basis.
A number of other analysts have also recently weighed in on DFS. Analysts at Barclays cut their price target on shares of Discover Financial Services from $63.00 to $59.00 in a research note to investors on Friday. Separately, analysts at SunTrust initiated coverage on shares of Discover Financial Services in a research note to investors on Wednesday, December 18th. They set a “neutral” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Discover Financial Services in a research note to investors on Thursday, December 12th. They now have a $55.00 price target on the stock. Five equities research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Discover Financial Services presently has a consensus rating of “Buy” and a consensus target price of $56.36.
Discover Financial Services is a direct banking and payment services company. The Company is a bank holding company and a financial holding company.
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