Analysts at Sanford C. Bernstein upped their price target on shares of Capital One (NYSE: COF)
COF has been the subject of a number of other recent research reports. Analysts at RBC Capital reiterated an “outperform” rating on shares of Capital One in a research note to investors on Friday. They now have a $67.00 price target on the stock. Separately, analysts at TheStreet reiterated a “buy” rating on shares of Capital One in a research note to investors on Wednesday, April 10th. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Capital One in a research note to investors on Thursday, April 4th. They now have a $60.00 price target on the stock. One analyst has rated the stock with a sell rating, five have given a hold rating and fifteen have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $63.59.
Capital One (NYSE: COF) traded up 6.40% on Friday, hitting $56.17. Capital One has a 52-week low of $47.99 and a 52-week high of $62.92. The stock’s 50-day moving average is currently $54.34. The company has a market cap of $32.435 billion and a price-to-earnings ratio of 8.57. Capital One (NYSE: COF) last announced its 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’s revenue was up 12.5% compared to the same quarter last year. Analysts expect that Capital One will post $6.36 EPS for the current fiscal year.
Capital One Financial Corporation is a diversified financial services holding company. The Company and its subsidiaries offer a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels.