Capital One Financial (NYSE:COF) Stock Rating Upgraded by Baird R W

Capital One Financial (NYSE:COF) was upgraded by stock analysts at Baird R W from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Several other research analysts have also issued reports on COF. Wells Fargo & Company raised their target price on shares of Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research note on Friday, January 3rd. Argus raised shares of Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. The Goldman Sachs Group upped their target price on shares of Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. Royal Bank of Canada increased their price target on Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research note on Wednesday, January 22nd. Finally, Truist Financial lifted their price objective on Capital One Financial from $229.00 to $257.00 and gave the stock a “buy” rating in a research note on Monday, January 27th. Five investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Capital One Financial presently has a consensus rating of “Moderate Buy” and a consensus target price of $206.67.

Capital One Financial Stock Up 3.2 %

Shares of NYSE COF opened at $170.73 on Tuesday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The company has a market cap of $65.10 billion, a price-to-earnings ratio of 14.73, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. Capital One Financial has a 12-month low of $128.23 and a 12-month high of $210.67. The firm’s 50-day simple moving average is $192.80 and its 200 day simple moving average is $175.05.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating the consensus estimate 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 business had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10.22 billion. During the same period in the prior year, the firm 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 expect that Capital One Financial will post 15.65 earnings per share for the current fiscal year.

Institutional Trading of Capital One Financial

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

Capital One Financial Company Profile

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.