Bank Of The Ozarks Receives Consensus Rating of “Buy” from Brokerages (NASDAQ:OZRK)
Shares of Bank Of The Ozarks (NASDAQ:OZRK) have earned a consensus recommendation of “Buy” from the eight analysts that are presently covering the company, Analyst Ratings Net reports. Four equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $35.64.
A number of research firms have recently commented on OZRK. Analysts at Drexel Hamilton initiated coverage on shares of Bank Of The Ozarks in a research note on Wednesday. They set a “buy” rating and a $38.00 price target on the stock. Separately, analysts at Zacks upgraded shares of Bank Of The Ozarks from a “neutral” rating to an “outperform” rating in a research note on Monday, August 4th. They now have a $35.50 price target on the stock. Finally, analysts at SunTrust reiterated a “neutral” rating on shares of Bank Of The Ozarks in a research note on Monday, August 4th. They now have a $36.00 price target on the stock, up previously from $35.00.
Shares of Bank Of The Ozarks (NASDAQ:OZRK) opened at 31.95 on Wednesday. Bank Of The Ozarks has a 52-week low of $22.525 and a 52-week high of $35.245. The stock’s 50-day moving average is $31.67 and its 200-day moving average is $31.68. The company has a market cap of $2.545 billion and a P/E ratio of 24.17.
Bank Of The Ozarks (NASDAQ:OZRK) last posted its quarterly earnings results on Monday, July 14th. The company reported $0.34 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.33 by $0.01. During the same quarter in the prior year, the company posted $0.29 earnings per share. Analysts expect that Bank Of The Ozarks will post $1.46 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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