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Piper Jaffray announced Capital One (NYSE:COF), boosting its stock price target to $81.00 today

Yesterday Capital One (NYSE:COF) traded -0.70% lower at $81.80. The company’s 50-day moving average is $81.68 and its 200-day moving average is $82.69. The last closing price is down -1.76% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 759,464 shares of the stock were exchanged, down from an average trading volume of 2,681,800

In a statement issued on 09/21/2017 Piper Jaffray raised the target price of Capital One (NYSE:COF) to $81.00 reporting a possible downside of -0.01%.

See Chart Below

Capital One (NYSE:COF)

Capital One has a 52 week low of $69.49 and a 52 week high of $96.92 with a P/E ratio of 11.84 The company’s market cap is currently $0.

In addition to Piper Jaffray reporting its target price, a total of 23 brokers have issued a report on the stock. The consensus target price is $81.91 with 6 brokers rating the stock a strong buy, eight brokerages rating the company a buy, eleven brokerages rating the company a hold, two brokerages rating the company a underperform, and lastly one brokerage rating the company a sell.

General Company Details For Capital One (NYSE:COF)

Capital One Financial Corporation is a diversified financial services holding company. The Company, along with its subsidiaries, offers a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Company's segments include Credit Card, Consumer Banking, Commercial Banking and Other. The Credit Card segment consists of its domestic consumer and small business card lending, and the international card lending businesses in Canada and the United Kingdom. The Consumer Banking segment consists of its branch-based lending and deposit gathering activities for consumers and small businesses, national deposit gathering, national auto lending and consumer home loan lending and servicing activities. The Commercial Banking consists of its lending, deposit gathering and treasury management services to commercial real estate, and commercial and industrial customers.

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