Synchrony Financial
SYF: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$58.00 | Hct | Ddprvjbv |
Synchrony Financial: Increasing Our Fair Value Estimate to $47 from $42
Returning to no-moat-rated Synchrony following earnings, we are raising our fair value estimate to $47 per share from $42, more than we had initially anticipated. Our new fair value estimate translates to a 2024 price/earnings ratio of 9 times.