KBW Boosts Price Target, Estimates on Discover (DFS)

KBW Boosts Price Target, Estimates on Discover (DFS)

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Because of improving credit trends, analysts at Keffe, Brutette & Woods raised the price target and earnings estimates on Discover Financial Services (DFS) on Monday.

The analysts now see shares of DFS reaching $57. This price target suggests a 19% upside to Friday’s closing price of $47.70.

Discover shares were down a fraction during pre-market trading on Monday. The stock is up +23.74% year-to-date.

The Bottom Line
Shares of Discover (DFS) have a dividend yield of 1.68% based on Friday’s closing price of $47.70 and the company’s annualized dividend payout of 80 cents per share.

Discover Financial Services (DFS) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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