Synchrony Financial traded at $71.38 this Friday May 15th, increasing $0.12 or 0.17 percent since the previous trading session. Looking back, over the last four weeks, Synchrony Financial gained 5.04 percent. Over the last 12 months, its price rose by 17.40 percent. Looking ahead, we forecast Synchrony Financial to be priced at 69.95 by the end of this quarter and at 65.81 in one year, according to Trading Economics global macro models projections and analysts expectations.
Synchrony Financial is a consumer financial services company, which provides a range of financing programs, as well as consumer banking products, across industries including digital, retail, home, auto, travel, health, and pet. The Company provides a range of credit products through its financing programs which it has established with a group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers across the United States and Canada. The Company through its subsidiary, Synchrony Bank (the Bank) offers directly to retail and commercial customers, a range of deposit products including certificates of deposit, individual retirement accounts (IRA), money market accounts and savings accounts. It also takes deposits at the Bank through third-party securities brokerage companies that offer its insured deposit products to their customers.