This Morning's Technical Outlook on Credit Services Stocks — CIT Group, Capital One Financial, Discover Financial Services, and Equifax

January 22, 2018 | By forimmediaterele | Filed in: Press Releases.

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NEW YORK, Jan. 22, 2018 /PRNewswire/ —

WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on CIT, COF, DFS, and EFX which can be accessed for free by signing up to www.wallstequities.com/registration. For today, WallStEquities.com revisits the Credit Services industry, which includes companies that originate, acquire, and service loans to individuals and corporations. Equities under assessment are CIT Group Inc. (NYSE: CIT), Capital One Financial Corp. (NYSE: COF), Discover Financial Services (NYSE: DFS), and Equifax Inc. (NYSE: EFX).

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CIT Group

Livingston, New Jersey-based CIT Group Inc.’s stock rose slightly by 0.72%, finishing last Friday’s trading session at $52.10. A total volume of 533,896 shares was traded. The Company’s shares have gained 4.37% in the last month, 6.35% over the previous three months, and 23.99% over the past year. The stock is trading above its 50-day and 200-day moving averages by 5.67% and 9.82%, respectively. Additionally, shares of CIT Group, which operates as the bank holding company for CIT Bank, National Association that provides banking and related services to commercial and individual customers, have a Relative Strength Index (RSI) of 59.19.  

On January 12th, 2018, CIT Group announced that it will issue its Q4 2017 financial results on January 30th, 2018, at 6:30 a.m. ET. The Company will host a conference call and audio webcast at 8:00 a.m. ET that same day to discuss its performance, followed by a question-and-answer session. Get the full research report on CIT for free by clicking below at: www.wallstequities.com/registration/?symbol=CIT

Capital One Financial

Shares in McLean, Virginia headquartered Capital One Financial Corp. ended at $104.38, climbing slightly by 0.94% from the last trading session. The stock recorded a trading volume of 2.93 million shares, which was above its three months average volume of 2.18 million shares. The Company’s shares have advanced 5.11% in the past month, 20.45% over the previous three months, and 20.36% over the past year. The stock is trading 9.60% and 21.33% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Capital One, which operates as the bank holding company for the Capital One Bank, National Association; and Capital One, National Association, which provides various financial products and services in the US, the UK, and Canada, have an RSI of 70.00.  

On January 03rd, 2018, research firm Deutsche Bank initiated a ‘Hold’ rating on the Company’s stock, with a target price of $110 per share. COF’s complimentary research coverage is a few simple steps away at: www.wallstequities.com/registration/?symbol=COF

Discover Financial Services

On Friday, shares in Riverwoods, Illinois-based Discover Financial Services recorded a trading volume of 4.28 million shares, which was above their three months average volume of 2.26 million shares. The stock rose slightly by 0.13%, closing the day at $78.32. The Company’s shares have gained 3.11% in the last month, 19.77% over the previous three months, and 11.89% over the past year. The stock is trading 7.85% above its 50-day moving average and 21.13% above its 200-day moving average. Additionally, shares of the Company, which through its subsidiaries, operates as a direct banking and payment services company in the US, have an RSI of 63.18.  

On January 03rd, 2018, research firm Deutsche Bank initiated a ‘Buy’ rating on the Company’s stock, with a target price of $92 per share.

On January 10th, 2018, Discover Financial Services announced that it has been named a 2018 Digital Edge 50 award winner for its in-app messaging functionality that leverages artificial intelligence. This feature provides a responsive and intuitive messaging experience for customers while making it easier for service agents to deliver world-class customer service. Register for your free research report on DFS at: www.wallstequities.com/registration/?symbol=DFS

Equifax

At the close of trading on Friday, shares in Atlanta, Georgia headquartered Equifax Inc. recorded a trading volume of 1.18 million shares. The stock finished the session 1.38% higher at $124.53. The Company’s shares have gained 5.24% in the past month, 12.57% in the previous three months, and 3.62% over the past year. The stock is trading above its 50-day moving average by 7.40%. Furthermore, shares of Equifax, which provides information solutions and human resources business process outsourcing services for businesses, governments, and consumers, have an RSI of 68.94. Wall St. Equities’ downloadable research report on EFX available at: www.wallstequities.com/registration/?symbol=EFX

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