BOK Financial Corporation (BOKF) is Reiterated by Wedbush to Neutral, Price Target at $68

BOK Financial Corporation (BOKF) was Reiterated by Wedbush to “Neutral” and the brokerage firm has set the Price Target at $68. Wedbush advised their investors in a research report released on Oct 7, 2016.

Many Wall Street Analysts have commented on BOK Financial Corporation. BOK Financial Corporation was Downgraded by Raymond James to ” Mkt Perform” on Jul 28, 2016. Company shares were Reiterated by RBC Capital Mkts on Jul 28, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 68 from a previous price target of $61 .

On the company’s financial health, BOK Financial Corporation reported $1.00 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $0.99.Analysts expectations of $ 357.82.During the same quarter in the previous year, the company posted $1.15 EPS.

BOK Financial Corporation opened for trading at $68.87 and hit $69.67 on the upside on Tuesday, eventually ending the session at $68.75, with a gain of 0.15% or 0.1 points. The heightened volatility saw the trading volume jump to 1,50,180 shares. Company has a market cap of $4,528 M.

In a different news, on Sep 23, 2016, C Fred Jr Ball (director) sold 1,226 shares at $67.24 per share price. According to the SEC, on Aug 19, 2016, Scott Grauer (EVP – Wealth Management) sold 1,000 shares at $67.16 per share price. On Mar 10, 2015, Norman P Bagwell (Chairman & CEO – Bank of Texas) sold 5,000 shares at $60.00 per share price, according to the Form-4 filing with the securities and exchange commission.

BOK Financial Corporation (BOK Financial) is a financial holding company. BOK Financial offers full service banking in Oklahoma Texas New Mexico Northwest Arkansas Colorado Arizona and Kansas/Missouri. BOK Financial operates three principal lines of business: Commercial Banking which includes lending treasury and cash management services and customer risk management products for small businesses middle market and commercial customers; Consumer Banking which includes retail lending and deposit services lending and deposit services to small business customers served through the retail branch network and all mortgage banking activities and Wealth Management which provides fiduciary services private bank services and investment advisory services in all markets.

BOK Financial Corporation

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