Capital One Financial Corp. Receives Average Rating of “Buy” from Brokerages (NYSE:COF)
Capital One Financial Corp. (NYSE:COF) has earned a consensus recommendation of “Buy” from the nineteen analysts that are presently covering the stock, Analyst Ratings.Net reports. Five analysts have rated the stock with a hold recommendation, eleven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $83.56.
COF has been the subject of a number of recent research reports. Analysts at Nomura upgraded shares of Capital One Financial Corp. from a “neutral” rating to a “buy” rating in a research note on Monday, June 9th. They now have a $94.00 price target on the stock, up previously from $75.00. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Capital One Financial Corp. in a research note on Monday, June 2nd. They now have a $83.00 price target on the stock. Finally, 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.
In other Capital One Financial Corp. news, Insider Robert M. Alexander sold 9,000 shares of Capital One Financial Corp. stock on the open market in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $83.74, for a total transaction of $753,660.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Capital One Financial Corp. (NYSE:COF) traded down 0.56% on Thursday, hitting $81.87. The stock had a trading volume of 443,193 shares. Capital One Financial Corp. has a 52 week low of $61.77 and a 52 week high of $83.89. The stock’s 50-day moving average is $79.11 and its 200-day moving average is $75.21. The company has a market cap of $46.748 billion and a price-to-earnings ratio of 11.52.
Capital One Financial Corp. (NYSE:COF) last posted its quarterly earnings results on Wednesday, April 16th. The company reported $1.96 EPS for the quarter, beating the Thomson Reuters 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 prior year, the company posted $1.79 earnings per share. The company’s quarterly revenue was down 3.3% on a year-over-year basis. On average, analysts predict that Capital One Financial Corp. will post $7.17 earnings per share for the current fiscal year.
Capital One Financial Corporation is a diversified financial services holding company with banking and non-banking subsidiaries.
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