Janney Montgomery Scott Reiterates Fair Value Rating for Capital One Financial Corp. (COF)
Capital One Financial Corp. (NYSE:COF)‘s stock had its “fair value” rating reiterated by research analysts at Janney Montgomery Scott in a report released on Friday, Stock Ratings News reports. They currently have a $76.00 price target on the stock, down from their previous price target of $78.00. Janney Montgomery Scott’s price target would suggest a potential downside of 0.58% from the stock’s previous close.
Capital One Financial Corp. (NYSE:COF) traded down 5.13% on Friday, hitting $72.52. 9,110,203 shares of the company’s stock traded hands. Capital One Financial Corp. has a 1-year low of $50.21 and a 1-year high of $78.49. The stock has a 50-day moving average of $74.56 and a 200-day moving average of $69.84. The company has a market cap of $42.228 billion and a P/E ratio of 11.04.
Capital One Financial Corp. (NYSE:COF) last issued its quarterly earnings data on Thursday, January 16th. The company reported $1.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.53 by $0.05. The company had revenue of $5.54 billion for the quarter, compared to the consensus estimate of $5.45 billion. During the same quarter in the previous year, the company posted $1.41 earnings per share. The company’s revenue for the quarter was down 1.4% on a year-over-year basis. On average, analysts predict that Capital One Financial Corp. will post $6.97 earnings per share for the current fiscal year.
COF has been the subject of a number of other recent research reports. Analysts at Buckingham Research raised their price target on shares of Capital One Financial Corp. to $87.00 in a research note to investors on Friday. Separately, analysts at Susquehanna downgraded shares of Capital One Financial Corp. from a “positive” rating to a “neutral” rating in a research note to investors on Friday. They now have a $78.00 price target on the stock. Finally, analysts at Jefferies Group raised their price target on shares of Capital One Financial Corp. from $80.00 to $88.00 in a research note to investors on Friday. Seven investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. Capital One Financial Corp. currently has an average rating of “Buy” and an average price target of $79.16.
Capital One Financial Corporation is a diversified financial services holding company with banking and non-banking subsidiaries.
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