JPMorgan Chase & Co. Reiterates “Overweight” Rating for Capital One Financial Corp. (COF)
Capital One Financial Corp. (NYSE:COF)‘s stock had its “overweight” rating restated by investment analysts at JPMorgan Chase & Co. in a note issued to investors on Wednesday. They currently have a $95.00 price target on the stock, up from their previous price target of $85.00. JPMorgan Chase & Co.’s price objective would suggest a potential upside of 11.90% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Janney Montgomery Scott reiterated a “fair value” rating on shares of Capital One Financial Corp. in a research note on Monday. They now have a $82.00 price target on the stock, up previously from $79.00. Separately, analysts at Citigroup Inc. raised their price target on shares of Capital One Financial Corp. from $87.00 to $96.00 in a research note on Monday. They now have a “buy” rating on the stock. Finally, analysts at Credit Suisse raised their price target on shares of Capital One Financial Corp. from $72.00 to $90.00 in a research note on Monday. They now have a “neutral” rating on the stock. Six investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Capital One Financial Corp. currently has an average rating of “Buy” and a consensus price target of $86.24.
Shares of Capital One Financial Corp. (NYSE:COF) traded down 0.59% on Wednesday, hitting $84.395. 1,764,678 shares of the company’s stock traded hands. Capital One Financial Corp. has a 52-week low of $63.65 and a 52-week high of $85.39. The stock has a 50-day moving average of $81.76 and a 200-day moving average of $76.19. The company has a market cap of $48.190 billion and a P/E ratio of 11.88.
Capital One Financial Corporation is a diversified financial services holding company with banking and non-banking subsidiaries.
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