Deutsche Bank Aktiengesellschaft Issues Positive Forecast for Capital One Financial (NYSE:COF) Stock Price

Key Points

• Deutsche Bank Aktiengesellschaft has raised its price target for Capital One Financial (NYSE:COF) from $215 to $224, indicating a potential upside of 5.16% based on the company's previous close.
• Analysts have shown strong support for the stock with a consensus rating of Moderate Buy and an average price target of $245.67, with 3 ratings at "Strong Buy" and 14 at "Buy".
• Capital One Financial reported significantly better-than-expected earnings of $5.48 per share for the last quarter, surpassing the consensus estimate of $1.93.

Capital One Financial (NYSE:COF) had its price target increased by investment analysts at Deutsche Bank Aktiengesellschaft from $215.00 to $224.00 in a research report issued on Thursday,MarketScreener reports. The brokerage presently has a "hold" rating on the financial services provider's stock. Deutsche Bank Aktiengesellschaft's price target would suggest a potential upside of 5.16% from the company's previous close.

COF has been the topic of several other reports. Keefe, Bruyette & Woods increased their price target on shares of Capital One Financial from $248.00 to $260.00 and gave the company an "outperform" rating in a report on Wednesday, July 23rd. Citigroup upped their target price on Capital One Financial from $250.00 to $275.00 and gave the company a "buy" rating in a research report on Thursday, July 24th. Wells Fargo & Company lifted their price target on Capital One Financial from $225.00 to $265.00 and gave the company an "overweight" rating in a research note on Friday, July 25th. Rothschild & Co Redburn initiated coverage on shares of Capital One Financial in a research report on Friday, August 1st. They issued a "buy" rating and a $290.00 target price on the stock. Finally, Redburn Atlantic raised shares of Capital One Financial to a "strong-buy" rating in a research note on Friday, August 1st. Three research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $245.67.

Capital One Financial Stock Performance

COF stock opened at $213.01 on Thursday. The company has a 50 day moving average price of $219.22 and a 200 day moving average price of $200.32. Capital One Financial has a fifty-two week low of $143.22 and a fifty-two week high of $232.45. The stock has a market capitalization of $136.22 billion, a PE ratio of 109.32, a price-to-earnings-growth ratio of 0.81 and a beta of 1.18. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.02 and a quick ratio of 1.02.

Capital One Financial (NYSE:COF - Get Free Report) last announced its earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share for the quarter, topping analysts' consensus estimates of $1.93 by $3.55. The company had revenue of $12.49 billion during the quarter, compared to analyst estimates of $12.72 billion. Capital One Financial's revenue for the quarter was up 31.4% on a year-over-year basis. During the same period in the previous year, the company posted $3.14 earnings per share. Analysts forecast that Capital One Financial will post 15.65 EPS for the current year.

Insider Activity at Capital One Financial

In other Capital One Financial news, General Counsel Matthew W. Cooper sold 2,000 shares of the stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $223.40, for a total value of $446,800.00. Following the completion of the transaction, the general counsel owned 100,486 shares in the company, valued at approximately $22,448,572.40. This represents a 1.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Michael Zamsky sold 5,515 shares of Capital One Financial stock in a transaction on Monday, August 4th. The shares were sold at an average price of $209.59, for a total value of $1,155,888.85. Following the transaction, the insider owned 27,364 shares of the company's stock, valued at $5,735,220.76. The trade was a 16.77% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 21,298 shares of company stock valued at $4,679,844 in the last 90 days. 1.26% of the stock is owned by company insiders.

Institutional Trading of Capital One Financial

Hedge funds have recently bought and sold shares of the company. WPG Advisers LLC purchased a new stake in shares of Capital One Financial during the 1st quarter valued at about $25,000. Moisand Fitzgerald Tamayo LLC increased its holdings in Capital One Financial by 103.3% in the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider's stock worth $26,000 after acquiring an additional 62 shares in the last quarter. Olistico Wealth LLC boosted its stake in shares of Capital One Financial by 439.1% in the second quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider's stock worth $26,000 after acquiring an additional 101 shares during the period. Saudi Central Bank bought a new stake in Capital One Financial in the 1st quarter valued at $27,000. Finally, RMG Wealth Management LLC purchased a new stake in shares of Capital One Financial in the second quarter worth about $27,000. Hedge funds and other institutional investors own 89.84% of the company's stock.

About Capital One Financial

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.

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