Truist Financial Lowers Capital One Financial (NYSE:COF) Price Target to $215.00

Capital One Financial (NYSE:COF) had its price objective decreased by investment analysts at Truist Financial from $257.00 to $215.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has a "buy" rating on the financial services provider's stock. Truist Financial's price objective points to a potential upside of 20.01% from the company's previous close.

Other equities research analysts have also issued reports about the stock. Baird R W raised shares of Capital One Financial from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, March 11th. Robert W. Baird raised Capital One Financial from a "neutral" rating to an "outperform" rating and boosted their price objective for the company from $190.00 to $200.00 in a research note on Tuesday, March 11th. Wells Fargo & Company lifted their target price on Capital One Financial from $185.00 to $210.00 and gave the stock an "overweight" rating in a report on Friday, January 3rd. Hsbc Global Res upgraded shares of Capital One Financial from a "moderate sell" rating to a "hold" rating in a report on Tuesday, January 14th. Finally, Barclays boosted their target price on Capital One Financial from $219.00 to $220.00 and gave the company an "overweight" rating in a research report on Wednesday, January 22nd. Five equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $206.53.

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Capital One Financial Price Performance

NYSE:COF traded up $4.33 on Friday, hitting $179.15. The company had a trading volume of 1,236,410 shares, compared to its average volume of 3,995,572. Capital One Financial has a 52 week low of $128.23 and a 52 week high of $210.67. The stock has a market capitalization of $68.31 billion, a price-to-earnings ratio of 15.46, a PEG ratio of 1.19 and a beta of 1.47. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The firm has a 50 day moving average of $191.50 and a two-hundred day moving average of $176.54.

Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping analysts' consensus estimates of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The company had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same quarter in the previous year, the business earned $2.81 earnings per share. Capital One Financial's revenue was up 7.2% compared to the same quarter last year. On average, research analysts anticipate that Capital One Financial will post 15.65 earnings per share for the current year.

Hedge Funds Weigh In On Capital One Financial

Several institutional investors have recently bought and sold shares of the company. Bfsg LLC purchased a new position in shares of Capital One Financial during the 4th quarter valued at $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Capital One Financial during the fourth quarter valued at about $27,000. TruNorth Capital Management LLC bought a new position in Capital One Financial during the fourth quarter worth about $29,000. SBI Securities Co. Ltd. purchased a new position in shares of Capital One Financial in the fourth quarter worth about $32,000. Finally, Decker Retirement Planning Inc. bought a new stake in shares of Capital One Financial in the fourth quarter valued at approximately $32,000. Hedge funds and other institutional investors own 89.84% of the company's stock.

About Capital One Financial

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.