Stock analysts at Guggenheim hoisted their target price on shares of Capital One Financial Corp. (NYSE: COF) from $57.00 to $65.00 in a report issued on Tuesday, AnalystRatingsNetwork.com reports. The firm currently has a “neutral” rating on the stock. Guggenheim’s target price suggests a potential downside of 2.52% from the stock’s previous close.
Shares of Capital One Financial Corp. (NYSE: COF) traded up 0.33% during mid-day trading on Tuesday, hitting $66.90. Capital One Financial Corp. has a one year low of $50.21 and a one year high of $67.70. The stock’s 50-day moving average is currently $62.81. The company has a market cap of $38.835 billion and a P/E ratio of 12.42.
Capital One Financial Corp. (NYSE: COF) last posted its quarterly earnings results on Thursday, April 18th. The company reported $1.79 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.60 by $0.19. The company had revenue of $5.55 billion for the quarter, compared to the consensus estimate of $5.49 billion. During the same quarter last year, the company posted $1.56 earnings per share. Capital One Financial Corp.’s revenue was up 12.5% compared to the same quarter last year. Analysts expect that Capital One Financial Corp. will post $6.62 EPS for the current fiscal year.
Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks upgraded shares of Capital One Financial Corp. from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday, July 11th. They now have a $71.00 price target on the stock. Separately, analysts at Barclays Capital reiterated an “overweight” rating on shares of Capital One Financial Corp. in a research note to investors on Tuesday, July 9th. They now have a $68.00 price target on the stock. Finally, analysts at Keefe, Bruyette & Woods raised their price target on shares of Capital One Financial Corp. from $65.00 to $79.00 in a research note to investors on Monday, July 8th. They now have an “outperform” rating on the stock.
Five equities research analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $67.70.
Capital One Financial Corporation is a diversified financial services holding company with banking and non-banking subsidiaries.