Capital One Financial Corp. (COF) Receives “Overweight” Rating from Barclays PLC
Capital One Financial Corp. (NYSE:COF)‘s stock had its “overweight” rating reiterated by equities researchers at Barclays PLC in a research report issued on Wednesday. They presently have a $80.00 target price on the financial services provider’s stock. Barclays PLC’s target price would indicate a potential upside of 11.02% from the company’s previous close.
COF has been the subject of several other reports. Oppenheimer Holdings Inc. reiterated an “underperform” rating and issued a $59.00 price target on shares of Capital One Financial Corp. in a report on Thursday, August 25th. Nomura restated a “neutral” rating and set a $72.00 target price on shares of Capital One Financial Corp. in a research note on Wednesday, October 5th. Zacks Investment Research upgraded Capital One Financial Corp. from a “sell” rating to a “hold” rating in a research note on Tuesday, September 27th. Credit Agricole SA set a $86.00 target price on Capital One Financial Corp. and gave the company a “buy” rating in a research note on Tuesday, October 4th. Finally, Wedbush initiated coverage on Capital One Financial Corp. in a research note on Monday. They set a “neutral” rating and a $78.00 target price for the company. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and fourteen have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $78.98.
Shares of Capital One Financial Corp. (NYSE:COF) traded down 0.14% during trading on Wednesday, reaching $72.06. The company had a trading volume of 2,232,007 shares. The stock has a 50 day moving average of $71.29 and a 200 day moving average of $69.34. Capital One Financial Corp. has a 52-week low of $58.03 and a 52-week high of $81.62. The stock has a market capitalization of $36.87 billion, a price-to-earnings ratio of 10.17 and a beta of 1.28.
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Capital One Financial Corp. (NYSE:COF) last announced its quarterly earnings results on Thursday, July 21st. The financial services provider reported $1.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.86 by $0.17. Capital One Financial Corp. had a net margin of 15.38% and a return on equity of 8.56%. The company earned $6.30 billion during the quarter, compared to analyst estimates of $6.28 billion. Equities research analysts forecast that Capital One Financial Corp. will post $7.17 EPS for the current year.
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Acrospire Investment Management LLC raised its position in Capital One Financial Corp. by 70.0% in the second quarter. Acrospire Investment Management LLC now owns 1,700 shares of the financial services provider’s stock worth $108,000 after buying an additional 700 shares in the last quarter. Cobiz Investment Management LLC bought a new position in Capital One Financial Corp. during the third quarter worth approximately $206,000. Culbertson A N & Co. Inc. bought a new position in Capital One Financial Corp. during the third quarter worth approximately $220,000. Banced Corp bought a new position in Capital One Financial Corp. during the second quarter worth approximately $229,000. Finally, Seven Eight Capital LLC bought a new position in Capital One Financial Corp. during the first quarter worth approximately $222,000. Institutional investors and hedge funds own 87.75% of the company’s stock.
Capital One Financial Corp. Company Profile
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