Capital One Financial (NYSE: COF) price target raised to $ 195.00


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 “buy” 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 “sell” rating to a “custody” 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 “outperformance” 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 “Buy” 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.

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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% ​​from 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.

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Analyst Recommendations for Capital One Financial (NYSE: COF)

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