Capital One Price Target Cut to $57.00 (COF)
Capital One (NYSE: COF) had its price target lowered by Guggenheim from $59.00 to $57.00 in a research report released on Monday morning. Guggenheim currently has a neutral rating on the stock.
Capital One traded up 0.41% on Monday, hitting $54.17. Capital One has a 52-week low of $47.99 and a 52-week high of $62.92. The stock’s 50-day moving average is currently $55.4. The company has a market cap of $31.375 billion and a price-to-earnings ratio of 8.76.
Several other analysts have also recently commented on the stock. Analysts at Barclays Capital reiterated an overweight rating on shares of Capital One in a research note to investors on Friday, March 1st. They now have a $68.00 price target on the stock. Separately, analysts at Nomura reiterated a neutral rating on shares of Capital One in a research note to investors on Wednesday, February 27th. They now have a $56.00 price target on the stock. Finally, analysts at Jefferies Group reiterated a buy rating on shares of Capital One in a research note to investors on Tuesday, February 26th. They now have a $60.00 price target on the stock, down previously from $67.00.
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