Analyst Rating Update on Bank of the Ozarks (OZRK)

Bank of the Ozarks (NASDAQ:OZRK) has an average broker rating of 1.83, which is interpreted as a Buy, as rated by 6 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell.

Bank of the Ozarks (NASDAQ:OZRK) : The highest short term price target forecast on Bank of the Ozarks (NASDAQ:OZRK) is $52 and the lowest target price is $46. A total of 5 equity analysts are currently covering the company. The average price of all the analysts is $47.6 with a standard deviation of $2.61.

For the current week, the company shares have a recommendation consensus of Buy. Also, In the latest statement by the brokerage house, Keefe Bruyette & Woods reiterates its outlook on Bank of the Ozarks (NASDAQ:OZRK). The current rating of the shares is Outperform, according to the research report released by the firm. The brokerage firm lowers the price target from $48 per share to $46 per share. The rating by the firm was issued on June 24, 2016.

Bank of the Ozarks (NASDAQ:OZRK): stock turned positive on Tuesday. Though the stock opened at $35.31, the bulls momentum made the stock top out at $36.24 level for the day. The stock recorded a low of $35.195 and closed the trading day at $35.95, in the green by 3.25%. The total traded volume for the day was 1,370,893. The stock had closed at $34.82 in the previous days trading.

In an insider trading activity, Mullen Walter J Iii, director of Bank Of The Ozarks Inc, executed a transaction worth $23,166 on June 9, 2016. A total of 600 shares were purchased at an average price of $38.61. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Bank of the Ozarks, Inc. is a bank holding company. The Company owns an Arkansas state chartered subsidiary bank, Bank of the Ozarks. The Company provides a range of retail and commercial banking services. The Company provides mortgage lending, trust and wealth management services, treasury management services and online and mobile banking services. Deposit services include checking, savings, money market, time deposit and individual retirement accounts. Loan services include various types of real estate, consumer, commercial, industrial and agricultural loans and various leasing services. It also provides mortgage lending, treasury management services, remote deposit capture services, trust and wealth management services, real estate appraisals, ATMs, telephone banking, online and mobile banking services.

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