Capital One Financial (NYSE:COF) Upgraded by BTIG Research to “Buy” Rating

Capital One Financial (NYSE:COF) was upgraded by equities researchers at BTIG Research from a “neutral” rating to a “buy” rating in a research note issued on Tuesday, Marketbeat Ratings reports. The firm currently has a $208.00 price target on the financial services provider’s stock. BTIG Research’s price objective indicates a potential upside of 14.73% from the company’s current price.

A number of other equities research analysts have also recently commented on the stock. Barclays increased their price target on shares of Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, January 22nd. Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $168.00 to $235.00 in a research note on Monday, January 13th. Bank of America raised Capital One Financial from a “neutral” rating to a “buy” rating and increased their price objective for the company from $207.00 to $235.00 in a research report on Wednesday, February 19th. Finally, Truist Financial decreased their target price on Capital One Financial from $257.00 to $215.00 and set a “buy” rating for the company in a research report on Friday. Four research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $206.63.

Capital One Financial Stock Up 3.7 %

COF stock opened at $181.29 on Tuesday. The business has a 50 day moving average of $191.52 and a 200 day moving average of $176.81. The firm has a market cap of $69.13 billion, a PE ratio of 15.64, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. Capital One Financial has a twelve month low of $128.23 and a twelve month high of $210.67. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10.22 billion. During the same quarter in the previous year, the firm earned $2.81 EPS. Capital One Financial’s quarterly revenue was up 7.2% compared to the same quarter last year. On average, research analysts forecast that Capital One Financial will post 15.65 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Bfsg LLC bought a new position in shares of Capital One Financial during the 4th quarter valued at approximately $27,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of Capital One Financial in the fourth quarter worth approximately $27,000. TruNorth Capital Management LLC purchased a new stake in shares of Capital One Financial in the fourth quarter worth $29,000. SBI Securities Co. Ltd. bought a new stake in shares of Capital One Financial during the 4th quarter valued at $32,000. Finally, Decker Retirement Planning Inc. purchased a new position in shares of Capital One Financial during the 4th quarter valued at $32,000. Institutional investors 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.