Nomura reaffirmed their neutral rating on shares of Capital One Financial Corp. (NYSE:COF) in a report released on Friday, AR Network reports. Nomura currently has a $71.00 price objective on the stock, up from their previous price objective of $64.00.
In other Capital One Financial Corp. news, Insider Frank LapradeIii unloaded 30,000 shares of the company’s stock in a transaction that occurred on Monday, October 14th. The shares were sold at an average price of $72.00, for a total transaction of $2,160,000.00. Following the completion of the sale, the insider now directly owns 38,297 shares of the company’s stock, valued at approximately $2,757,384. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
COF has been the subject of a number of other recent research reports. Analysts at FBR Capital Markets raised their price target on shares of Capital One Financial Corp. from $74.00 to $82.00 in a research note to investors on Friday. They now have an outperform rating on the stock. Separately, analysts at Sandler O’Neill raised their price target on shares of Capital One Financial Corp. from $70.00 to $73.00 in a research note to investors on Tuesday, October 15th. They now have a hold rating on the stock. Finally, analysts at SunTrust initiated coverage on shares of Capital One Financial Corp. in a research note to investors on Monday, October 14th. They set a buy rating and a $81.00 price target on the stock. Five equities research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company’s stock. Capital One Financial Corp. currently has an average rating of Buy and a consensus price target of $75.72.
Shares of Capital One Financial Corp. (NYSE:COF) opened at 71.27 on Friday. Capital One Financial Corp. has a 52 week low of $50.21 and a 52 week high of $72.99. The stock’s 50-day moving average is $68.90 and its 200-day moving average is $64.1. The company has a market cap of $41.500 billion and a price-to-earnings ratio of 10.29.
Capital One Financial Corp. (NYSE:COF) last announced its earnings results on Thursday, October 17th. The company reported $1.86 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.76 by $0.10. The company had revenue of $5.70 billion for the quarter, compared to the consensus estimate of $5.58 billion. During the same quarter last year, the company posted $2.01 earnings per share. Capital One Financial Corp.’s revenue was up .2% compared to the same quarter last year. Analysts expect that Capital One Financial Corp. will post $7.03 EPS for the current fiscal year.
Capital One Financial Corporation is a diversified financial services holding company with banking and non-banking subsidiaries.
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