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Enter Symbol:
Rating: COF
Buy $80
down 22.00 %

Capital One Financial Corporation (NYSE: COF) reiterated to Buy with price target $80 by Argus

Wednesday,  Jan 27, 2016  2:25 PM ET by Dave Ficere

Argus reiterated Capital One Financial Corporation (NYSE: COF) to Buy with price target $80. Previously Argus rated Buy with price target $92 Capital One Financial
Corporation (NYSE: COF) on 08/13/2015, when the stock price was $80.81. Since then, Capital One Financial Corporation's stock price has lost 22% as of 01/27/2016's recent price of $63.31.
If you would have followed the previous Argus's recommendation on COF, you would have lost 22% of your investment in 167 days.

Capital One Financial Corporation is a diversified banking company focused primarily on consumer and commercial lending and deposit origination. Its principal business segments are Local Banking and National Lending. Local Banking includes the Company?s branch, treasury services and national deposit gathering activities; its commercial, branch-based small business lending and certain branch originated consumer lending, and its mortgage servicing activities. The National Lending segment consists of two sub-segments: the U.S. Card sub-segment, which consists of domestic consumer credit and debit card activities and the other sub-segment, which includes the Company?s auto finance and international lending sub-segments. In February 2009, the Company completed its acquisition of Chevy Chase Bank.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system

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