Keefe Bruyette & Woods Maintains BOK Financial Corporation to Market Perform with Price Target $69.00

Brokerage firm Keefe Bruyette & Woods Maintains its rating on BOK Financial Corporation(NASDAQ:BOKF). In a research note issued to the investors, the brokerage major Raises the price-target to $69.00 per share. The shares have been rated Market Perform. The rating by Keefe Bruyette & Woods was issued on Jul 28, 2016.

In a different note, On Jul 28, 2016, Raymond James said it Downgrades its rating on BOK Financial Corporation. The shares have been rated ‘Market Perform’ by the firm. On May 9, 2016, Raymond James said it Upgrades its rating on BOK Financial Corporation. The shares have been rated ‘Outperform’ by the firm.

BOK Financial Corporation (BOKF) shares turned negative on Thursdays trading session with the shares closing down -0.11 points or -0.17% at a volume of 98,423. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $64.99. The peak price level was also seen at $64.99 while the days lowest was $64.36. Finally the shares closed at $64.6. The 52-week high of the shares is $75.18 while the 52-week low is $44.13. According to the latest information available, the market cap of the company is $4,255 M.

BOK Financial Corporation(BOKF) last announced its earnings results on Jul 27, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $371.49M. Analysts had an estimated revenue of $360.21M. Earnings per share were $1.00. Analysts had estimated an EPS of $0.99.

Several Insider Transactions has been reported to the SEC. On Feb 11, 2016, Scott Grauer (EVP – Wealth Management) sold 850 shares at $71.60 per share price.Also, On Mar 20, 2015, C Fred Jr Ball (director) sold 489 shares at $60.95 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.

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