Capital One Financial (NYSE:COF) was upgraded by research analysts at BTIG Research from a "neutral" rating to a "buy" rating in a research note issued to investors on Tuesday, MarketBeat Ratings reports. The brokerage currently has a $208.00 target price on the financial services provider's stock. BTIG Research's price target indicates a potential upside of 20.01% from the stock's previous close.
A number of other equities research analysts have also issued reports on COF. JPMorgan Chase & Co. boosted their price target on shares of Capital One Financial from $162.00 to $186.00 and gave the company a "neutral" rating in a report on Monday, December 9th. Truist Financial cut their target price on shares of Capital One Financial from $257.00 to $215.00 and set a "buy" rating on the stock in a research note on Friday, March 21st. Keefe, Bruyette & Woods raised their target price on Capital One Financial from $185.00 to $232.00 and gave the stock an "outperform" rating in a research report on Monday, December 9th. Royal Bank of Canada upped their price target on Capital One Financial from $190.00 to $200.00 and gave the company a "sector perform" rating in a research report on Wednesday, January 22nd. Finally, Evercore ISI upgraded Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 price objective for the company in a research report on Wednesday, March 12th. Four investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Capital One Financial currently has an average rating of "Moderate Buy" and an average price target of $206.63.
View Our Latest Analysis on Capital One Financial
Capital One Financial Price Performance
Shares of COF traded down $4.83 during trading hours on Tuesday, hitting $173.32. 2,617,284 shares of the company were exchanged, compared to its average volume of 2,830,431. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The company has a market capitalization of $66.09 billion, a PE ratio of 14.95, a PEG ratio of 1.19 and a beta of 1.47. The firm has a fifty day simple moving average of $190.70 and a 200-day simple moving average of $177.63. Capital One Financial has a one year low of $128.23 and a one year high of $210.67.
Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating analysts' consensus estimates of $2.78 by $0.31. The business had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. Capital One Financial's revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter last year, the company posted $2.81 EPS. As a group, sell-side analysts predict that Capital One Financial will post 15.65 earnings per share for the current year.
Institutional Trading of Capital One Financial
Several large investors have recently made changes to their positions in the stock. Norges Bank acquired a new stake in Capital One Financial in the 4th quarter worth approximately $590,279,000. Lone Pine Capital LLC bought a new stake in shares of Capital One Financial during the 4th quarter worth $577,012,000. Egerton Capital UK LLP acquired a new position in Capital One Financial in the 4th quarter valued at $279,159,000. FMR LLC raised its holdings in Capital One Financial by 21.6% in the 4th quarter. FMR LLC now owns 8,077,886 shares of the financial services provider's stock worth $1,440,449,000 after acquiring an additional 1,436,935 shares during the period. Finally, Meritage Group LP acquired a new position in Capital One Financial during the 4th quarter worth $227,662,000. Institutional investors own 89.84% of the company's stock.
Capital One Financial Company Profile
(
Get Free Report)
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.
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