Bank of the Ozarks Upgraded to Strong-Buy by Raymond James (OZRK)
Bank of the Ozarks (NASDAQ:OZRK) was upgraded by research analysts at Raymond James from an “outperform” rating to a “strong-buy” rating in a report released on Friday, TheFlyOnTheWall.com reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks downgraded shares of Bank of the Ozarks from an “outperform” rating to a “neutral” rating in a research note on Thursday, April 17th. They now have a $73.80 price target on the stock. Five research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the stock. Bank of the Ozarks presently has a consensus rating of “Hold” and a consensus target price of $57.70.
Shares of Bank of the Ozarks (NASDAQ:OZRK) opened at 56.96 on Friday. Bank of the Ozarks has a 52 week low of $40.68 and a 52 week high of $70.49. The stock’s 50-day moving average is $62.18 and its 200-day moving average is $59.22. The company has a market cap of $2.104 billion and a P/E ratio of 22.51.
Bank of the Ozarks (NASDAQ:OZRK) last released its earnings data on Monday, April 14th. The company reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.04. During the same quarter in the previous year, the company posted $0.56 earnings per share. Analysts expect that Bank of the Ozarks will post $2.84 EPS for the current fiscal year.
Bank of the Ozarks, Inc is a bank holding company. The Company owns an Arkansas state chartered subsidiary bank, Bank of the Ozarks (NASDAQ:OZRK).
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