Capital One Financial (COF) Given a $101.00 Price Target at Oppenheimer

Oppenheimer set a $101.00 price objective on Capital One Financial (NYSE:COF) in a research report sent to investors on Tuesday. The brokerage currently has a buy rating on the financial services provider’s stock. Oppenheimer also issued estimates for Capital One Financial’s Q4 2018 earnings at $2.50 EPS, FY2018 earnings at $11.52 EPS, Q1 2019 earnings at $2.83 EPS, Q2 2019 earnings at $3.00 EPS, Q3 2019 earnings at $3.12 EPS, Q4 2019 earnings at $2.77 EPS and FY2019 earnings at $11.72 EPS.

A number of other research firms have also recently commented on COF. Zacks Investment Research raised Capital One Financial from a hold rating to a buy rating and set a $109.00 target price on the stock in a research note on Tuesday, July 24th. BMO Capital Markets upped their price target on shares of Capital One Financial from $126.00 to $132.00 and gave the company an outperform rating in a research report on Friday, July 20th. UBS Group cut their price target on shares of Capital One Financial from $116.00 to $113.00 and set a buy rating for the company in a research report on Tuesday, August 7th. Morgan Stanley upped their price target on shares of Capital One Financial from $104.00 to $109.00 and gave the company an equal weight rating in a research report on Friday, July 20th. Finally, Wells Fargo & Co upped their price target on shares of Capital One Financial from $109.00 to $110.00 and gave the company an outperform rating in a research report on Monday, October 1st. One investment analyst has rated the stock with a sell rating, six have given a hold rating and fifteen have assigned a buy rating to the stock. The company presently has a consensus rating of Buy and an average target price of $109.57.

COF opened at $85.75 on Tuesday. The firm has a market capitalization of $42.23 billion, a P/E ratio of 11.01, a PEG ratio of 0.72 and a beta of 1.28. The company has a current ratio of 0.99, a quick ratio of 0.98 and a debt-to-equity ratio of 1.02. Capital One Financial has a 52 week low of $84.94 and a 52 week high of $106.50.



Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, October 23rd. The financial services provider reported $3.12 EPS for the quarter, beating the Zacks’ consensus estimate of $2.89 by $0.23. The business had revenue of $6.96 billion for the quarter, compared to analysts’ expectations of $6.88 billion. Capital One Financial had a return on equity of 11.01% and a net margin of 11.84%. The firm’s revenue was down .3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.42 earnings per share. As a group, sell-side analysts anticipate that Capital One Financial will post 11.34 earnings per share for the current fiscal year.

In other Capital One Financial news, insider Timothy P. Golden sold 4,073 shares of the company’s stock in a transaction dated Thursday, August 2nd. The shares were sold at an average price of $95.85, for a total transaction of $390,397.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.73% of the company’s stock.

Several institutional investors have recently bought and sold shares of COF. Bank of Montreal Can purchased a new stake in shares of Capital One Financial during the second quarter worth about $162,373,000. Epoch Investment Partners Inc. purchased a new stake in shares of Capital One Financial during the second quarter worth about $75,707,000. TD Asset Management Inc. boosted its holdings in shares of Capital One Financial by 339.9% during the second quarter. TD Asset Management Inc. now owns 886,903 shares of the financial services provider’s stock worth $81,506,000 after purchasing an additional 685,275 shares during the period. Pzena Investment Management LLC boosted its holdings in shares of Capital One Financial by 11.5% during the second quarter. Pzena Investment Management LLC now owns 5,437,557 shares of the financial services provider’s stock worth $499,711,000 after purchasing an additional 559,856 shares during the period. Finally, ANTIPODES PARTNERS Ltd purchased a new stake in shares of Capital One Financial during the second quarter worth about $48,038,000. Institutional investors own 88.40% of the company’s stock.

About Capital One Financial

Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.

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Analyst Recommendations for Capital One Financial (NYSE:COF)

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