There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Bok Financial Corp (NASDAQ:BOKF) and UMB Financial Corp (NASDAQ:UMBF) with bullish sentiments.
Bok Financial Corp (BOKF)
Raymond James analyst Michael Rose maintained a Buy rating on Bok Financial Corp today and set a price target of $100. The company’s shares opened today at $81, close to its 52-week low of $80.11.
According to TipRanks.com, Rose is a 4-star analyst with an average return of 6.9% and a 59.5% success rate. Rose covers the Financial sector, focusing on stocks such as Texas Capital Bancshares, Independent Bank Group, and Cadence Bancorporation.
Currently, the analyst consensus on Bok Financial Corp is a Moderate Buy with an average price target of $100.13, implying a 23.6% upside from current levels. In a report released today, Piper Jaffray also maintained a Buy rating on the stock with a $104 price target.
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UMB Financial Corp (UMBF)
Raymond James analyst David Long maintained a Buy rating on UMB Financial Corp today and set a price target of $69. The company’s shares opened today at $60.30, close to its 52-week low of $57.
According to TipRanks.com, Long is a 2-star analyst with an average return of 0.4% and a 38.4% success rate. Long covers the Financial sector, focusing on stocks such as Union First Market Bankshares Corp, American River Bankshares, and Huntington Bancshares Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for UMB Financial Corp with a $73 average price target.
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