Analysts upbeat on the outlook for Capital One Financial
Ben Hobson
The Capital One Financial (NYQ:COF) share price has risen by 35.1% over the past month and it’s currently trading at 80. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.
According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Capital One Financial currently has:
- 6 Buy recommendations
- 5 Hold recommendations
- 0 Sell recommendations
This suggests that analysts are generally positive about the outlook.
GET MORE DATA-DRIVEN INSIGHTS INTO NYQ:COF »
Beyond analyst recommendations
At its current price of 80, shares in Capital One Financial are trading at a discount of -26.6% to its 52 week high price. The 1-year performance of the shares has been -12.5%.
While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Capital One Financial (NYQ:COF) it's worth doing some investigation yourself.
While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Capital One Financial it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with Capital One Financial that you can find out about here.
Alternatively, if you'd like to find more shares that analysts are bullish about, you can find them on this Positive Momentum & Broker Buys screen.
