BOK Financial Earns A Credit Rating from Morningstar (BOKF)
BOK Financial (NASDAQ:BOKF) has earned an “A” credit rating from analysts at Morningstar. The credit rating agency’s “A” rating suggests that the company is a low default risk. They also issued a neutral credit outlook for the company and gave their stock a three star rating.
BOKF has been the subject of a number of other recent research reports. Analysts at Keefe, Bruyette & Woods reiterated a “hold” rating on shares of BOK Financial in a research note on Friday, August 1st. They now have a $72.00 price target on the stock, up previously from $70.00. Separately, analysts at SunTrust reiterated a “buy” rating on shares of BOK Financial in a research note on Thursday, July 31st. They now have a $75.00 price target on the stock, up previously from $70.00. Finally, analysts at Davidson raised their price target on shares of BOK Financial from $67.00 to $69.00 in a research note on Thursday, July 31st. They now have a “neutral” rating on the stock. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $68.86.
Shares of BOK Financial (NASDAQ:BOKF) opened at 67.46 on Thursday. 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 $66.21 and its 200-day moving average is $65.91. The company has a market cap of $4.674 billion and a price-to-earnings ratio of 15.49.
BOK Financial (NASDAQ:BOKF) last released its earnings data on Wednesday, July 30th. The company reported $1.10 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.04 by $0.06. During the same quarter last year, the company posted $1.16 earnings per share. Analysts expect that BOK Financial will post $4.47 EPS for the current fiscal year.
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.
To view more credit ratings from Morningstar, visit www.morningstar.com.
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