Theres a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Ameriprise Financial (AMP – Research Report) and Synchrony Financial (SYF – Research Report) with bullish sentiments. Ameriprise Financial (AMP) In a report released yesterday, Suneet Kamath from Jefferies reiterated a Buy rating on Ameriprise Financial, with a price target of $330.00. The companys shares closed last Wednesday at $292.50.
According to TipRanks.com, Kamath is a 4-star analyst with an average return of 6.6% and a 59.8% success rate. Kamath covers the Financial sector, focusing on stocks such as Jackson Financial Incorporation, Corebridge Financial, Inc., and Brighthouse Financial.
Currently, the analyst consensus on Ameriprise Financial is a Moderate Buy with an average price target of $311.56, representing an 8.4% upside. In a report released today, Evercore ISI also maintained a Buy rating on the stock with a $335.00 price target.
See the top stocks recommended by analysts >> Synchrony Financial (SYF) In a report released yesterday, John Hecht from Jefferies maintained a Buy rating on Synchrony Financial, with a price target of $40.00. The companys shares closed last Wednesday at $35.05.
According to TipRanks.com, Hecht is a 5-star analyst with an average return of 7.9% and a 57.8% success rate. Hecht covers the Financial sector, focusing on stocks such as Discover Financial Services, Bread Financial Holdings, and Capital One Financial.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Synchrony Financial with a $40.07 average price target, which is a 14.2% upside from current levels. In a report issued on October 12, RBC Capital also maintained a Buy rating on the stock with a $40.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities. Read More on AMP: