Capital One Financial Corporation (COF) : The consensus on Capital One Financial Corporation (COF) based on 17 analyst recommendation on the company stock is 2.06, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 9 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Capital One Financial Corporation (COF).
Capital One Financial Corporation (COF) : 14 investment research analysts covering Capital One Financial Corporation (COF) have an average price target of $77.21 for the near short term. The highest target price given by the Brokerage Firm to the stock is $100 and the lowest target is $59 for the short term. Analysts expect the variance to be within $10.64 of the average price.
Also, Brokerage firm Rafferty downgrades its rating on Capital One Financial Corporation (NYSE:COF). The shares have been rated Hold. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on July 25, 2016.
Capital One Financial Corporation (NYSE:COF): After opening at $70.48, the stock dipped to an intraday low of $69.69 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $71.115 and the buying power remained strong till the end. The stock closed at $70.99 for the day, a gain of 0.57% for the day session. The total traded volume was 3,097,513. The stocks close on the previous trading day was $70.59.
Capital One Financial Corp 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. In addition to bank lending, treasury management and depository services, the Company offers credit and debit card products, auto loans and mortgage banking in markets across the United States. The Company operates three primary business segments: Credit Card, Consumer Banking and Commercial Banking. The Companys principal subsidiaries include the following: Capital One Bank (USA), National Association (COBNA), which offers credit and debit card products, other lending products and deposit products, and Capital One, National Association (CONA), which offers a range of banking products and financial services to consumers, small businesses and commercial clients.