Discover Financial Services (NYSE:DFS) traded at a new 52-week high today of $125.72. This new high was reached on below average trading volume as 496,000 shares traded hands, while the average 30-day volume is approximately 1.9 million shares.
Discover Financial Services (NYSE:DFS) defies analysts with a current price ($125.20) 61.8% above its average consensus price target of $47.88.
In the past 52 weeks, Discover Financial Services share prices are bracketed by a low of $45.40 and a high of $125.72 and is now at $125.20, 176% above that low price.
Discover Financial Services is a bank operating in two distinct segments: direct banking and payment services. The company issues credit and debit cards and provides other consumer banking products including deposit accounts, students loans, and other personal loans. It also operates the Discover, Pulse, and Diners Club networks. The Discover network is the fourth- largest payment network in the United States as ranked by overall purchase volume, and Pulse is one of the largest ATM networks in the country.
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