BOK Financial Corporation (BOKF) is Reiterated by Wedbush to Neutral, Raises Price Target to $ 80

BOK Financial Corporation (BOKF) was Reiterated by Wedbush to “Neutral” according to the research note released today. The brokerage firm has raised the Price Target to $ 80 from a previous price target of $79 . Wedbush advised their investors in a research report released on Nov 30, 2016.

Many Wall Street Analysts have commented on BOK Financial Corporation. BOK Financial Corporation was Upgraded by Macquarie to ” Neutral” on Oct 27, 2016. Company shares were Reiterated by RBC Capital Mkts on Oct 27, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 74 from a previous price target of $68 .Wedbush Reiterated BOK Financial Corporation on Oct 7, 2016 to “Neutral”, Price Target of the shares are set at $68.

On the company’s financial health, BOK Financial Corporation reported $1.13 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Oct 26, 2016. Analyst had a consensus of $1.10.Analysts expectations of $ 367.22.During the same quarter in the previous year, the company posted $1.15 EPS.

BOK Financial Corporation closed down -0.53 points or -0.67% at $79.02 with 1,65,831 shares getting traded on Tuesday. Post opening the session at $79.55, the shares hit an intraday low of $78.94 and an intraday high of $80.13 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

In a different news, on Nov 14, 2016, Steven E Nell (EVP, CFO) sold 8,000 shares at $77.11 per share price. According to the SEC, on Nov 7, 2016, C Fred Jr Ball (director) sold 1,712 shares at $70.68 per share price. On Aug 19, 2016, Scott Grauer (EVP – Wealth Management) sold 1,000 shares at $67.16 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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