Capital One Financial Corp. PT Raised to $90.00 (COF)
FBR Capital Markets raised their price target on shares of Capital One Financial Corp. (NYSE:COF) from $85.00 to $90.00 in a research note issued on Monday. The firm currently has an “outperform” rating on the stock. FBR Capital Markets’ price objective points to a potential upside of 5.94% from the company’s current price.
A number of other analysts have also recently weighed in on COF. Analysts at Wells Fargo & Co. reiterated an “outperform” rating on shares of Capital One Financial Corp. in a research note on Friday, June 27th. Separately, 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. Finally, 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. Five research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $84.37.
Shares of Capital One Financial Corp. (NYSE:COF) traded down 1.55% during mid-day trading on Monday, hitting $83.635. The stock had a trading volume of 931,316 shares. Capital One Financial Corp. has a 52-week low of $63.65 and a 52-week high of $84.98. The stock has a 50-day moving average of $80.23 and a 200-day moving average of $75.67. The company has a market cap of $47.756 billion and a P/E ratio of 11.89.
Capital One Financial Corp. (NYSE:COF) last announced its 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 $7.19 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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