Discover Financial Services (NYSE: DFS) stock closed at $182.55 on 11/6/24 after a major increase of 20.2%. Moreover, exceptionally high trading volume at 564% of normal accompanied the advance. The stock has risen 21.1% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
DFS’ future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Discover Financial Services has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Discover Financial Services has a slightly positive Appreciation Score of 64 and a good Power Rating of 76, and the Positive Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment