Capital One Financial Corp. Rating Reiterated by Wells Fargo & Co. (COF)
Capital One Financial Corp. (NYSE:COF) traded up 0.63% on Friday, hitting $83.01. The stock had a trading volume of 2,723,118 shares. Capital One Financial Corp. has a 52-week low of $63.09 and a 52-week high of $83.89. The stock has a 50-day moving average of $79.48 and a 200-day moving average of $75.33. The company has a market cap of $47.399 billion and a P/E ratio of 11.54.
Capital One Financial Corp. (NYSE:COF) last posted its quarterly earnings results on Wednesday, April 16th. The company reported $1.96 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $1.79 earnings per share. Capital One Financial Corp.’s revenue was down 3.3% compared to the same quarter last year. On average, analysts predict that Capital One Financial Corp. will post $7.17 earnings per share for the current fiscal year.
In other Capital One Financial Corp. news, Insider Robert M. Alexander unloaded 9,000 shares of the stock in a transaction dated Friday, June 20th. The shares were sold at an average price of $83.74, for a total transaction of $753,660.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Other equities research analysts have also recently issued reports about the stock. 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. Five research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. Capital One Financial Corp. currently has a consensus rating of “Buy” and a consensus price target of $83.56.
Capital One Financial Corporation is a diversified financial services holding company with banking and non-banking subsidiaries.
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