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Discover Financial Services (NYSE:DFS)‘s stock had its “neutral” rating restated by Zacks in a note issued to investors on Monday. They currently have a $60.00 target price on the stock. Zacks‘s price target would indicate a potential upside of 4.75% from the company’s current price.

Shares of Discover Financial Services (NYSE:DFS) traded up 0.40% during mid-day trading on Monday, hitting $57.28. 1,000,984 shares of the company’s stock traded hands. Discover Financial Services has a 52 week low of $45.08 and a 52 week high of $60.00. The stock has a 50-day moving average of $56.54 and a 200-day moving average of $55.33. The company has a market cap of $26.708 billion and a P/E ratio of 11.56.

Discover Financial Services (NYSE:DFS) last released its earnings data on Tuesday, April 22nd. The company reported $1.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.05. The company had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.12 billion. During the same quarter in the previous year, the company posted $1.33 earnings per share. Analysts expect that Discover Financial Services will post $5.28 EPS for the current fiscal year.

Other equities research analysts have also recently issued reports about the stock. Analysts at SunTrust reiterated a “neutral” rating on shares of Discover Financial Services in a research note on Wednesday, April 23rd. They now have a $63.00 price target on the stock, up previously from $58.00. Separately, analysts at Bank of America reiterated a “buy” rating on shares of Discover Financial Services in a research note on Wednesday, April 23rd. They now have a $63.00 price target on the stock. Finally, analysts at RBC Capital raised their price target on shares of Discover Financial Services from $63.00 to $66.00 in a research note on Wednesday, April 23rd. They now have a “top pick” rating on the stock. Three research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. Discover Financial Services currently has a consensus rating of “Buy” and a consensus target price of $61.48.

Discover Financial Services is a direct banking and payment services company. The Company is a bank holding company and a financial holding company.

To view Zacks’ full report, visit Zacks’ official website.

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