BOK Financial Given New $69.00 Price Target at Davidson (BOKF)
Investment analysts at Davidson hoisted their target price on shares of BOK Financial (NASDAQ:BOKF) from $67.00 to $69.00 in a note issued to investors on Thursday. The firm currently has a “neutral” rating on the stock. Davidson’s price objective suggests a potential upside of 5.01% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at BMO Capital Markets upgraded shares of BOK Financial from an “underperform” rating to a “market perform” rating in a research note on Thursday. They now have a $66.00 price target on the stock, up previously from $61.00. Analysts at Zacks reiterated a “neutral” rating on shares of BOK Financial in a research note on Friday, July 4th. They now have a $71.00 price target on the stock. Six research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. BOK Financial currently has a consensus rating of “Hold” and an average price target of $69.00.
BOK Financial (NASDAQ:BOKF) traded down 0.80% on Thursday, hitting $65.71. 67,555 shares of the company’s stock traded hands. BOK Financial has a 52-week low of $60.59 and a 52-week high of $71.10. The stock’s 50-day moving average is $65.74 and its 200-day moving average is $65.53. The company has a market cap of $4.551 billion and a P/E ratio of 15.22.
BOK Financial (NASDAQ:BOKF) last announced its earnings results on Wednesday, July 30th. The company reported $1.10 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.04 by $0.06. During the same quarter in the prior year, the company posted $1.16 earnings per share. On average, analysts predict that BOK Financial will post $4.46 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, August 29th. Shareholders of record on Friday, August 15th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 2.43%. The ex-dividend date is Wednesday, August 13th.
BOK Financial Corporation, is a financial holding company. BOK Financial offers service banking in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, and Kansas/Missouri.
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