Capital One Financial (NYSE:COF) Stock Rating Upgraded by Evercore ISI

Capital One Financial (NYSE:COF) was upgraded by investment analysts at Evercore ISI from an “in-line” rating to an “outperform” rating in a note issued to investors on Wednesday, MarketBeat Ratings reports. The brokerage currently has a $200.00 price objective on the financial services provider’s stock. Evercore ISI’s price target points to a potential upside of 20.68% from the company’s current price.

Other analysts have also recently issued reports about the stock. Bank of America raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and upped their price target for the stock from $207.00 to $235.00 in a research report on Wednesday, February 19th. Royal Bank of Canada upped their price objective on shares of 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. Argus raised shares of Capital One Financial to a “strong-buy” rating in a research report on Thursday, January 23rd. Barclays upped their price objective on shares of Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a research report on Wednesday, January 22nd. Finally, Baird R W raised shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. Five 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. According to MarketBeat.com, Capital One Financial currently has an average rating of “Moderate Buy” and a consensus target price of $206.67.

Capital One Financial Trading Down 2.8 %

COF stock opened at $165.73 on Wednesday. The company has a market cap of $63.20 billion, a price-to-earnings ratio of 14.30, a PEG ratio of 1.19 and a beta of 1.47. 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 business has a fifty day simple moving average of $192.54 and a 200-day simple moving average of $174.98. Capital One Financial has a 52 week low of $128.23 and a 52 week high of $210.67.

Capital One Financial (NYSE:COF) last released its quarterly earnings data 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 return on equity of 9.45% and a net margin of 9.46%. The business had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. During the same period in the prior year, the firm posted $2.81 EPS. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. On average, equities research analysts expect that Capital One Financial will post 15.65 EPS for the current year.

Institutional Investors Weigh In On Capital One Financial

Several institutional investors and hedge funds have recently bought and sold shares of COF. Sigma Planning Corp raised its stake in Capital One Financial by 20.0% during the third quarter. Sigma Planning Corp now owns 2,170 shares of the financial services provider’s stock worth $325,000 after acquiring an additional 362 shares during the period. Axxcess Wealth Management LLC raised its stake in Capital One Financial by 6.1% during the third quarter. Axxcess Wealth Management LLC now owns 5,358 shares of the financial services provider’s stock worth $802,000 after acquiring an additional 310 shares during the period. Ashton Thomas Securities LLC acquired a new stake in Capital One Financial during the third quarter worth about $53,000. Venturi Wealth Management LLC raised its stake in Capital One Financial by 14.0% during the third quarter. Venturi Wealth Management LLC now owns 1,019 shares of the financial services provider’s stock worth $153,000 after acquiring an additional 125 shares during the period. Finally, Apollon Wealth Management LLC raised its stake in Capital One Financial by 4.8% during the third quarter. Apollon Wealth Management LLC now owns 7,086 shares of the financial services provider’s stock worth $1,061,000 after acquiring an additional 323 shares during the period. Institutional investors and hedge funds 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.