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Discover Financial Services (DFS) [hlAlert]

Rating:
Buy DFS
up 7.44 %

Discover Financial Services (DFS) rated Buy with price target $57 by Stifel

Posted on: Wednesday,  Jul 24, 2013  9:25 AM ET by Stifel

Stifel rated Buy Discover Financial Services (NYSE: DFS) on 07/24/2013, when the stock price was $50.67. Since
then, Discover Financial Services has gained 7.44% as of 01/28/2016's recent price of $54.44.
If you would have followed this Stifel's recommendation on DFS, you would have gained 7.44% of your investment in 918 days.

Discover Financial Services (DFS) is a credit card issuer and electronic payment services company. DFS is also engaged in payments processing. Its business segments include U.S. Card and Third-Party Payments. U.S. Card segment includes Discover Card-branded credit cards issued over Discover?s card network (the Discover Network), and consumer lending and deposit products offered through its subsidiary, Discover Bank. Third-Party Payments segment includes PULSE Network (PULSE), an automated teller machine (ATM), debit and electronic funds transfer network; Diners Club International (Diners Club), and its third-party business. On March 31, 2008, DFS sold its United Kingdom credit card business (Goldfish) to Barclays Bank PLC. On June 30, 2008, the Company acquired Diners Club International. In July 2008, DFS announced the opening of a new subsidiary, Discover Information Technology (Shanghai) Ltd., in the People?s Republic of China, to support its data analysis and modeling operations.

Stifel
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/21/2015 8:25 AM Buy
None
56.00 68.00
as of 12/13/2013
1 Week up  0.47 %
1 Month up  4.12 %
3 Months up  4.00 %
1 YTD up  4.63 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/23/2015 8:25 AM Buy
None
58.28 69.00
6/18/2015 9:25 AM Buy
None
58.42 70.00
7/24/2013 9:25 AM Buy
None
50.67 57.00

(*) Stock Price at the time of the recommendation.
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