BOK Financial Corporation (NASDAQ:BOKF) has been assigned a consensus recommendation of “Hold” from the eleven analysts that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, five have given a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $93.75.

Several research analysts recently issued reports on BOKF shares. ValuEngine lowered BOK Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, November 15th. Morgan Stanley raised their target price on BOK Financial from $85.00 to $99.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 13th. Zacks Investment Research lowered BOK Financial from a “hold” rating to a “sell” rating in a research report on Monday, November 6th. Piper Jaffray Companies reissued a “hold” rating and issued a $89.00 price objective on shares of BOK Financial in a research report on Thursday, October 19th. Finally, Royal Bank of Canada reissued a “hold” rating and issued a $92.00 price objective on shares of BOK Financial in a research report on Friday, October 27th.

BOK Financial (NASDAQ BOKF) opened at $96.24 on Friday. The stock has a market capitalization of $6,300.00, a price-to-earnings ratio of 20.18, a P/E/G ratio of 2.11 and a beta of 1.00. The company has a current ratio of 0.91, a quick ratio of 0.90 and a debt-to-equity ratio of 1.82. BOK Financial has a 12-month low of $73.44 and a 12-month high of $96.47.

BOK Financial (NASDAQ:BOKF) last announced its earnings results on Wednesday, October 25th. The bank reported $1.31 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.36 by ($0.05). The company had revenue of $394.16 million for the quarter, compared to the consensus estimate of $392.05 million. BOK Financial had a return on equity of 9.15% and a net margin of 19.31%. During the same period in the prior year, the business earned $1.13 earnings per share. equities research analysts anticipate that BOK Financial will post 5.36 earnings per share for the current year.

Institutional investors and hedge funds have recently modified their holdings of the company. SG Americas Securities LLC acquired a new stake in shares of BOK Financial in the 3rd quarter valued at about $101,000. CIBC Asset Management Inc acquired a new position in BOK Financial during the 3rd quarter valued at about $201,000. Arthur Zaske & Associates LLC acquired a new position in BOK Financial during the 3rd quarter valued at about $210,000. BNP Paribas Arbitrage SA boosted its stake in BOK Financial by 560.6% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 2,550 shares of the bank’s stock valued at $227,000 after purchasing an additional 2,164 shares during the last quarter. Finally, D.A. Davidson & CO. boosted its stake in BOK Financial by 56.1% during the 2nd quarter. D.A. Davidson & CO. now owns 3,079 shares of the bank’s stock valued at $259,000 after purchasing an additional 1,106 shares during the last quarter. Institutional investors own 31.56% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “BOK Financial Corporation (BOKF) Receives Average Rating of “Hold” from Brokerages” was published by American Banking News and is owned by of American Banking News. If you are accessing this news story on another website, it was copied illegally and republished in violation of U.S. & international copyright legislation. The original version of this news story can be accessed at https://www.americanbankingnews.com/2018/01/12/bok-financial-corporation-bokf-receives-average-rating-of-hold-from-brokerages.html.

BOK Financial Company Profile

BOK Financial Corporation is a financial holding company. The Company offers full service banking in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona and Kansas/Missouri. The Company’s segments include Commercial Banking, Consumer Banking, Wealth Management, and Funds Management and Other.

Analyst Recommendations for BOK Financial (NASDAQ:BOKF)

Receive News & Ratings for BOK Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BOK Financial and related companies with MarketBeat.com's FREE daily email newsletter.