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Capital One Financial (NYSE: COF) Price Target Cut to $102.00

Capital One Financial (NYSE: COF) Price Target Cut to $102.00 rated for 5 star by Capital One Reviews for our United States readers, especially for you at New Orleans, LA, USA. Capital One reviews for help Capital One customers to get the best reviews and guiding about Capital One credit cards products and offers to apply

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Capital One Financial (NYSE: COF) Price Target Cut to $102.00. The following is a review of the Capital One company for the value of their shares listed on the NYSE: COF on February 1, 2019, when this article was created.

Capital One Financial (NYSE: COF) declined its price target by stock analysts at Credit Suisse Group from $109.00 to $102.00 in a report released on Wednesday, January 23, The Fly reported. Brokers currently have a "positive" rating on the shares of financial service providers. The target price of Credit Suisse Group shows a potential increase of 26.02% from the previous closing.

Several other brokers have also recently considered COF. Oppenheimer reiterated the "market performance" rating in Capital One Financial shares in a research report on Wednesday, January 23. William Blair repeated the ranking of "market performance" in Capital One Financial shares in a research note on Wednesday, January 16. Zacks Investment Research cut Capital One Financial from a "buy" rating to a "hold" rating in the research note on Wednesday, January 9.
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Capital One Financial (NYSE: COF) Price Target Cut to $102.00

Morgan Stanley cut their price target in Capital One Financial from $107.00 to $100.00 and set a rating of "equal weight" on the stock in the research note on Tuesday, January 8. Finally, Wells Fargo & Co cut their price target on Capital One Financial from $103.00 to $90.00 and set a rating of "outperforming" the shares in the research note on Thursday, January 3. Two research analysts have assessed stocks with sales ratings, seven have rated hold and eleven have set buy ratings for companies. The company currently has a "Hold" consensus rating and an average target price of $104.31.

NYSE shares: COF traded up $0.35 in midday trading on Wednesday, reaching $80.94. The company's shares have a trading volume of 10,908 shares, compared to an average volume of 3,245,829. Capital One Financial has a 1-year low of $69.90 and a 1-year high of $104.88. The company has a fast ratio of 1.01, a current ratio of 1.02 and a debt to equity ratio of 1.13. The company has a market capitalization of $38.17 billion, a P / E ratio of 7.45, a P / E / G ratio of 0.88 and a beta of 1.31.

Capital One Financial (NYSE: COF) recently posted quarterly earnings results on Tuesday, January 22. Financial service providers reported earnings per share (EPS) of $1.87 for the quarter, losing Zacks' consensus estimate of $2.41 on ($0.54). Capital One Financial has a net margin of 18.58% and a return on equity of 11.05%. The company had $7.01 billion in revenue for the quarter, compared to analyst expectations of $7.07 billion. During the same period last year, the company posted $1.59 EPS. Capital One Financial revenue rose 0.2% year on year. Sales-side analysts estimate that Capital One Financial will post a profit of 11.11 per share for the current fiscal year.

Some institutional investors and hedge funds have recently added or reduced their ownership in COF. Capital International Investors bought new shares in Capital One Financial shares during the third quarter worth $259,357,000. Panagora Asset Management Inc. increased its position at Capital One Financial by 81.0% during the third quarter. Panagora Asset Management Inc. now has 2,266,047 shares of financial service providers valued at $215,116,000 after purchasing an additional 1,014,394 shares during the last quarter. Rehmann's Group of Capital Advisers increased its position at Capital One Financial by 9,386.2% during the third quarter. Rehmann Capital Advisory Group now has 879,858 shares from financial service providers valued at $9,268,000 after purchasing 870,573 additional shares during the last quarter. Renaissance Technologies LLC grew its position in Capital One Financial shares by 422.8% in the third quarter. Renaissance Technologies LLC now has 1,051,399 shares of financial services provider shares valued at $99,809,000 after buying 850,300 additional shares during the last quarter. Finally, Man Group plc grew its position in Capital One Financial shares by 1,374.8% in the third quarter. Man Group plc now has 829,602 shares of financial service providers valued at $78,754,000 after purchasing 773,352 additional shares during the last quarter. Institutional investors own 88.02% of the company's shares.

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

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Capital One Financial (NYSE: COF) Price Target Cut to $102.00.
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