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Capital One Financial Corp. (NYSE:COF) shares hit a new 52-week high during trading on Wednesday , AR Network reports. The stock traded as high as $78.63 and last traded at $78.54, with a volume of 1,774,407 shares traded. The stock had previously closed at $77.75.

Several analysts have recently commented on the stock. Analysts at Rafferty Capital Markets upgraded shares of Capital One Financial Corp. from a “hold” rating to a “buy” rating in a research note on Monday, April 21st. They now have a $94.00 price target on the stock, up previously from $74.50. Separately, analysts at Morgan Stanley raised their price target on shares of Capital One Financial Corp. from $74.00 to $80.00 in a research note on Monday, April 21st. They now have an “equal weight” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Capital One Financial Corp. in a research note on Thursday, April 17th. They now have a $79.00 price target on the stock. Six equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. Capital One Financial Corp. currently has an average rating of “Buy” and a consensus price target of $82.06.

The stock has a 50-day moving average of $75.46 and a 200-day moving average of $73.. The company has a market cap of $44.955 billion and a P/E ratio of 10.88.

Capital One Financial Corp. (NYSE:COF) last announced its earnings results on Wednesday, April 16th. The company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.67 by $0.29. The company had revenue of $5.37 billion for the quarter, compared to the consensus estimate of $5.45 billion. During the same quarter in the previous year, the company posted $1.79 earnings per share. The company’s revenue for the quarter was down 3.3% on a year-over-year basis. On average, analysts predict that Capital One Financial Corp. will post $7.14 earnings per share for the current fiscal year.

In other Capital One Financial Corp. news, Director Patrick Gross sold 10,000 shares of the stock in a transaction dated Wednesday, May 14th. The stock was sold at an average price of $77.28, for a total value of $772,800.00. Following the completion of the sale, the director now directly owns 43,296 shares of the company’s stock, valued at approximately $3,345,915. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Capital One Financial Corporation is a diversified financial services holding company with banking and non-banking subsidiaries.

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