KD Logo

An Analysis of Synchrony Financial (SYF)’s Potential Price Growth

Synchrony Financial’s filing revealed that its insider Howse Curtis unloaded Company’s shares for reported $1.42 million on May 02 ’24. In the deal valued at $45.00 per share,31,562 shares were sold. As a result of this transaction, Howse Curtis now holds 121,042 shares worth roughly $6.11 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Schaller Bart sold 61,781 shares, generating $2,645,462 in total proceeds. Upon selling the shares at $42.82, the insider now owns 50,757 shares.

Before that, Howse Curtis sold 6,179 shares. Synchrony Financial shares valued at $264,585 were divested by the insider at a price of $42.82 per share. As a result of the transaction, Howse Curtis now holds 152,604 shares, worth roughly $7.71 million.

Compass Point initiated its Synchrony Financial [SYF] rating to a Buy in a research note published on July 16, 2024; the price target was $56. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who began to cover the stock in late June with a ‘”an Outperform”‘ rating. BTIG Research began covering SYF with “Buy” recommendation on June 07, 2024. Keefe Bruyette revised its rating on May 02, 2024. It rated SYF as “an Outperform” which previously was an “a Mkt perform”.

Price Performance Review of SYF

On Monday, Synchrony Financial [NYSE:SYF] saw its stock fall -0.53% to $50.51. Over the last five days, the stock has lost -0.02%. Synchrony Financial shares have risen nearly 32.26% since the year began. Nevertheless, the stocks have risen 45.44% over the past one year. While a 52-week high of $52.67 was reached on 07/17/24, a 52-week low of $27.30 was recorded on 01/18/24. SMA at 50 days reached $46.07, while 200 days put it at $39.72. A total of 1.69 million shares were traded, compared to the trading of 1.8 million shares in the previous session.

Levels Of Support And Resistance For SYF Stock

The 24-hour chart illustrates a support level at 50.29, which if violated will result in even more drops to 50.06. On the upside, there is a resistance level at 50.89. A further resistance level may holdings at 51.26. The Relative Strength Index (RSI) on the 14-day chart is 60.17, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 42.94%. Stochastics%K at 59.84% indicates the stock is a holding.

Most Popular