Shares of Discover Financial Services (DFS) Exceed 52-Week High

July 13, 2021 12:10:46

Discover Financial Services (NYSE:DFS) traded at a new 52-week high today of $127.65. So far today approximately 860,000 shares have been exchanged, as compared to an average 30-day volume of 1.9 million shares.

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.

Discover Financial Services (NYSE:DFS) is currently priced 61.9% above its average consensus analyst price target of $47.88.

In the past 52 weeks, shares of Discover Financial Services have traded between a low of $46.82 and a high of $127.65 and is now at $125.77, which is 169% above that low price.

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