Capital One’s Stock Surges Past Analyst Target: What Investors Should Know
Recently, shares of Capital One Financial Corp (Symbol: COF) have traded above the average analyst 12-month target price of $162.56, reaching $165.37 per share. This situation prompts a pivotal question for analysts: should they downgrade the stock based on its current valuation or revise their target price higher in response to the company’s positive developments? Investors often look for signs that may justify further increases in stock value, indicating it may be time to adjust their own expectations.
Within the Zacks coverage universe, 18 analysts provide their target prices for Capital One Financial Corp. It’s worth noting that while the average price is $162.56, the individual price targets vary widely. For instance, one analyst sets a low target at $119.00, while another predicts a high of $208.00. The standard deviation among these targets is $21.004, highlighting differing opinions on the stock’s potential.
The concept of averaging analyst targets draws from the “wisdom of crowds,” aggregating multiple perspectives rather than relying on a single expert’s view. With COF’s stock currently exceeding the average price target, investors are urged to reassess Capital One’s potential: does this price point indicate a progression toward higher targets, or is it an opportunity to consider taking profits? The table below outlines current analyst ratings for Capital One Financial Corp:
| Recent COF Analyst Ratings Breakdown | ||||
|---|---|---|---|---|
| » | Current | 1 Month Ago | 2 Month Ago | 3 Month Ago |
| Strong buy ratings: | 7 | 7 | 7 | 7 |
| Buy ratings: | 1 | 1 | 1 | 1 |
| Hold ratings: | 12 | 12 | 12 | 12 |
| Sell ratings: | 0 | 0 | 0 | 0 |
| Strong sell ratings: | 0 | 0 | 0 | 0 |
| Average rating: | 2.25 | 2.25 | 2.25 | 2.25 |
The average rating shown in the table ranks from 1 (Strong Buy) to 5 (Strong Sell), reflecting the overall sentiment of analysts. This analysis utilized data provided by Zacks Investment Research via Quandl.com. For further insights, you can access the latest Zacks research report on COF — for free.
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Additionally:
• HFBL YTD Return
• MLAB shares outstanding history
• MSON Historical Stock Prices
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
