Capital One Financial (NYSE:COF) Given New $158.00 Price Target at Barclays

by · The Cerbat Gem

Capital One Financial (NYSE:COF) had its price objective lifted by equities research analysts at Barclays from $154.00 to $158.00 in a research report issued on Tuesday, Benzinga reports. The firm currently has an “equal weight” rating on the financial services provider’s stock. Barclays‘s price target indicates a potential upside of 4.08% from the stock’s current price.

Other equities research analysts have also issued research reports about the company. Royal Bank of Canada restated a “sector perform” rating and set a $150.00 price objective on shares of Capital One Financial in a research note on Thursday, July 25th. Evercore ISI decreased their price target on shares of Capital One Financial from $166.00 to $163.00 and set an “in-line” rating for the company in a research report on Monday. Citigroup started coverage on shares of Capital One Financial in a report on Friday, September 20th. They issued a “buy” rating and a $190.00 price target on the stock. Bank of America boosted their target price on shares of Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a research report on Wednesday, July 24th. Finally, JPMorgan Chase & Co. upped their target price on shares of Capital One Financial from $156.00 to $157.00 and gave the company a “neutral” rating in a research note on Monday. One analyst has rated the stock with a sell rating, twelve have given a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $148.00.

View Our Latest Research Report on COF

Capital One Financial Price Performance

NYSE:COF opened at $151.80 on Tuesday. The firm has a market cap of $57.71 billion, a price-to-earnings ratio of 11.84, a price-to-earnings-growth ratio of 1.21 and a beta of 1.44. Capital One Financial has a 12-month low of $88.23 and a 12-month high of $154.18. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.81. The company’s 50-day moving average is $142.74 and its two-hundred day moving average is $141.76.

Capital One Financial (NYSE:COF – Get Free Report) last announced its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share for the quarter, missing the consensus estimate of $3.28 by ($0.14). The company had revenue of $9.51 billion for the quarter, compared to analysts’ expectations of $9.57 billion. Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. The company’s revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.52 earnings per share. Research analysts expect that Capital One Financial will post 12.91 EPS for the current year.

Insider Buying and Selling at Capital One Financial

In other news, CEO Kevin S. Borgmann sold 61,532 shares of the business’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total value of $8,175,141.52. Following the sale, the chief executive officer now owns 40,934 shares in the company, valued at approximately $5,438,491.24. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Capital One Financial news, CEO Kevin S. Borgmann sold 61,532 shares of the business’s stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total value of $8,175,141.52. Following the transaction, the chief executive officer now owns 40,934 shares of the company’s stock, valued at approximately $5,438,491.24. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Robert M. Alexander sold 30,742 shares of Capital One Financial stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total value of $4,611,300.00. Following the completion of the sale, the insider now owns 73,734 shares of the company’s stock, valued at approximately $11,060,100. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. LRI Investments LLC acquired a new position in Capital One Financial during the first quarter worth $25,000. Silicon Valley Capital Partners acquired a new position in shares of Capital One Financial during the 1st quarter worth about $25,000. Y.D. More Investments Ltd bought a new stake in shares of Capital One Financial in the 2nd quarter valued at about $28,000. Hobbs Group Advisors LLC acquired a new stake in Capital One Financial in the 2nd quarter valued at about $29,000. Finally, Rise Advisors LLC bought a new position in Capital One Financial during the first quarter worth about $33,000. 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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