▼ -11.58% Downside Potential
This price target is based on 18 analysts offering 12 month price targets for Discover Financial Services in the last 3 months. The average price target is $71.50, with a high forecast of $107.00 and a low forecast of $32.00. The average price target represents a -11.58% upside from the last price of $80.86.
The current consensus among 18 polled investment analysts is to buy stock in Discover Financial Services. This rating has held steady since October 2019, when it changed from a Hold consensus rating.
Discover Financial Services, through its subsidiaries, operates as a direct banking and payment services company in the United States. It operates in two segments, Direct Banking and Payment Services. The Direct Banking segment offers Discover-branded credit cards to individuals; and other consumer products and services, including private student loans, personal loans, home equity loans, and other consumer lending, as well as deposit products, such as certificates of deposit, money market accounts, savings accounts, checking accounts, and individual retirement arrangement certificates of deposit. The Payment Services segment operates the PULSE network, an automated teller machine, debit, and electronic funds transfer network; Diners Club International, a payments network that issues Diners Club branded charge cards and provides card acceptance services; and Discover Network that processes transactions for Discover-branded credit and debit cards, as well as provides payment transaction processing and settlement services. The company was founded in 1985 and is based in Riverwoods, Illinois.