UBS Reiterates Buy Rating on Capital One Financial (COF)

UBS analyst Erika Najarian reiterated a Buy rating and $240.00 price target on Capital One Financial (NYSE: COF).

The analyst commented, "COF filed an 8K with pro-forma financials after market close on Thursday, May 22. While we wait until conference season (and the June Fed meeting) to fully refine pro-forma EPS estimates (our current published estimates are already pro-forma for the deal), we arrive at a higher pro forma CET1 of 13.4% at close."

For an analyst ratings summary and ratings history on Capital One Financial click here. For more ratings news on Capital One Financial click here.

Shares of Capital One Financial closed at $185.08 yesterday.

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