Stephens Sticks to Its Hold Rating for Bank OZK (OZK)


In a report released today, Matt Olney from Stephens maintained a Hold rating on Bank OZK (OZK), with a price target of $34. The company’s shares closed yesterday at $29.39.

According to TipRanks.com, Olney is a 1-star analyst with an average return of -0.3% and a 43.7% success rate. Olney covers the Financial sector, focusing on stocks such as Spirit Of Texas Bancshares Inc, Business First Bancshares Inc, and Hancock Whitney Corporation.

Bank OZK has an analyst consensus of Hold, with a price target consensus of $35, representing a 19.1% upside. In a report issued on June 27, SunTrust Robinson also maintained a Hold rating on the stock with a $33 price target.

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Bank OZK’s market cap is currently $3.79B and has a P/E ratio of 9.13. The company has a Price to Book ratio of 0.98.

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Bank OZK engages in the provision of retail and commercial banking services. The firm offers deposit services such as checking, savings, money market, time deposit, and individual retirement accounts. It also provides loan services including various types of real estate, consumer, commercial, industrial, and agricultural loans.

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