Capital One Financial (NYSE: COF) saw its price target raised by Citigroup from $ 185.00 to $ 195.00 in a note issued to investors on Friday, The Fly reports. The company currently has a âbuyâ rating on the shares of the financial services provider. Citigroup’s price target suggests a potential rise of 18.79% from the stock’s previous close.
The COF has been the subject of several other research reports. Piper Sandler raised her price target on Capital One Financial from $ 170.00 to $ 177.00 and assigned the company an “overweight” rating in a research note on Friday, July 23. Seaport Res Ptn reaffirmed a “neutral” rating on Capital One Financial shares in a research note on Monday, August 30. Odeon Capital Group upgraded Capital One Financial from a âsellâ rating to a âcustodyâ rating and set a target price of $ 148.90 on the stock in a research note on Monday, July 19. Jefferies Financial Group raised its price target on Capital One Financial from $ 180.00 to $ 190.00 and gave the company a “buy” rating in a research note on Friday, July 23. Finally, BMO Capital Markets raised its price target on Capital One Financial from $ 176.00 to $ 184.00 and gave the company an âoutperformanceâ rating in a research note on Friday, July 23. One investment analyst rated the stock with a sell rating, five assigned a custody rating, thirteen issued a buy rating, and one issued a high buy rating for the company. Based on data from MarketBeat.com, the stock currently has an average rating of âBuyâ and an average target price of $ 167.78.
NYSE: COF shares traded at $ 2.18 on Friday, reaching $ 164.15. 22,053 shares of the company were traded, for an average volume of 3,143,239. Capital One Financial has a 12-month low of $ 70.78 and a 12-month high of $ 177.95. The stock has a market cap of $ 73.23 billion, a price-to-earnings ratio of 6.58, a price-to-earnings-growth ratio of 0.30, and a beta of 1.77. The company’s 50-day simple moving average is $ 164.44 and its two-hundred-day simple moving average is $ 154.21. The company has a debt ratio of 0.55, a current ratio of 0.91, and a quick ratio of 0.89.
Capital One Financial (NYSE: COF) last reported its results on Thursday, July 22. The financial services provider reported earnings of $ 7.71 per share for the quarter, beating the consensus estimate of $ 4.78 by $ 2.93. Capital One Financial posted a return on equity of 19.07% and a net margin of 37.90%. The company posted revenue of $ 7.37 billion in the quarter, compared to a consensus estimate of $ 7.13 billion. During the same period last year, the company made earnings per share ($ 2.21). The company’s revenue for the quarter was up 12.5% ââfrom the same quarter last year. Stock analysts predict that Capital One Financial will post 24.3 EPS for the current fiscal year.
Separately, insider Yajnik Sanjiv sold 451 shares in a transaction dated Monday, September 27. The stock was sold for an average price of $ 170.00, for a total value of $ 76,670.00. The transaction was disclosed in a file with the SEC, accessible through this hyperlink. Additionally, insider John G. Finneran, Jr. sold 20,000 shares of the company in a trade that took place on Thursday, September 23. The stock was sold for an average price of $ 165.37, for a total value of $ 3,307,400.00. Disclosure of this sale can be found here. Insiders have sold a total of 305,524 shares of the company valued at $ 49,663,550 in the past ninety days. 1.31% of the shares are held by company insiders.
A number of large investors have recently increased or reduced their holdings in COF. Tradition Wealth Management LLC acquired a new stake in Capital One Financial during the 1st quarter for a value of approximately $ 38,000. Liberty Wealth Management LLC increased its stake in Capital One Financial by 73,375.0% during the second quarter. Liberty Wealth Management LLC now owns 5,878 shares of the financial services provider valued at $ 38,000 after purchasing an additional 5,870 shares in the last quarter. Trustcore Financial Services LLC purchased a new position in Capital One Financial during the second quarter valued at $ 50,000. Harbor Investments Inc. purchased a new position in Capital One Financial during the first quarter valued at $ 74,000. Finally, Eagle Bay Advisors LLC purchased a new equity stake in Capital One Financial in the second quarter valued at $ 74,000. Hedge funds and other institutional investors hold 88.51% of the company’s shares.
About Capital One Financial
Capital One Financial Corp. operates as a financial holding company. The company engages in the provision of financial products and services. It operates in the following segments: Credit Card, Personal Banking and Commercial Banking. The credit card segment provides personal and small business card loans, as well as international card lending activities.
Featured article: Dynamics indicators
This instant news alert was powered by storytelling technology and financial data from MarketBeat to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team prior to publication. Please send any questions or comments about this story to [emailÂ protected]
Should you invest $ 1,000 in Capital One Financial now?
Before you consider Capital One Financial, you’ll want to hear this.
MarketBeat tracks Wall Street’s top-rated and top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts quietly whisper to their clients to buy now before the broader market takes hold … and Capital One Financial was not on the list.
While Capital One Financial currently has a âBuyâ rating among analysts, top-rated analysts believe these five stocks are better bets.
See the 5 actions here