Alert: Positive Investment/Fundamental Signals (12/8/23)-Synchrony Financial (NYSE: SYF)


Extremely significant positive changes in Synchrony Financial (NYSE: SYF) investment behavior have recently occurred: its shorter term price trend turned up, and the stock’s recent price rise disrupted its longer term downtrend.

Recent notable positive changes in fundamentals have benefitted Synchrony Financial (NYSE: SYF): significant quarterly earnings acceleration occurred, and the stock’s power rating rose above 70.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

SYF is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Synchrony Financial has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Synchrony Financial has a good Power Rating of 72 and a good Appreciation Score of 84, leading to the Highest Value Trend Rating.

Recent Price Action

Synchrony Financial (NYSE: SYF) stock closed at $35.29 on 12/8/23 after an increase of 1.1%. This advance was accompanied by normal trading volume. The stock has been strong relative to the market over the last nine months and has risen 9.1% during the last week.

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