Stephens Thinks Bok Financial Corp’s Stock is Going to Recover


Stephens analyst Matt Olney maintained a Buy rating on Bok Financial Corp (BOKF) yesterday and set a price target of $96. The company’s shares closed yesterday at $74.99, close to its 52-week low of $74.80.

According to TipRanks.com, Olney is a 1-star analyst with an average return of -3.5% and a 36.0% success rate. Olney covers the Financial sector, focusing on stocks such as Spirit Of Texas Bancshares Inc, Hancock Whitney Corporation, and First Western Financial Inc.

Currently, the analyst consensus on Bok Financial Corp is a Moderate Buy with an average price target of $98.25.

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Based on Bok Financial Corp’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $116 million. In comparison, last year the company had a net profit of $84.76 million.

Based on the recent corporate insider activity of 132 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BOKF in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

BOK Financial Corp. is a holding company, which engages in the provision of financial solutions. It operates through the following segments: Commercial Banking, Consumer Banking, Wealth Management, and Funds Management and Other.

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