▼ -5.20% Downside Potential
This price target is based on 16 analysts offering 12 month price targets for Discover Financial Services in the last 3 months. The average price target is $93.29, with a high forecast of $115.00 and a low forecast of $58.00. The average price target represents a -5.20% upside from the last price of $98.40.
The current consensus among 16 investment analysts is to hold stock in Discover Financial Services. This rating has held steady since February 2021, when it changed from a Buy consensus rating.
Discover Financial Services, through its subsidiaries, operates as a digital banking and payment services company in the United States. It operates in two segments, Digital Banking and Payment Services. The Digital Banking segment offers Discover-branded credit cards to individuals; and other consumer products and services, including private student loans, personal loans, home loans, and other consumer lending, as well as deposit products, such as certificates of deposit, money market accounts, IRA certificates of deposit, IRA savings accounts, checking accounts, and sweep accounts. 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/or 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 incorporated in 1960 and is based in Riverwoods, Illinois.