BOK Financial Corp (NASDAQ: BOKF) has recently enjoyed notable positive changes in fundamentals: the stock’s power rating rose above 70, significant quarterly sales acceleration occurred, and significant quarterly earnings acceleration occurred.
Recent meaningful positive changes in investment behavior have benefitted BOK Financial Corp (NASDAQ: BOKF): the stock’s recent price rise disrupted its longer term downtrend.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
BOKF is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
BOK Financial has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. BOK Financial has a good Power Rating of 80 and a very high Appreciation Score of 87, resulting in the Highest Value Trend Rating.
Recent Price Action
On 6/5/24, BOK Financial Corp (NASDAQ: BOKF) stock increased 1.2%, closing at $89.58. However, below average trading volume at 79% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months but has declined -1.4% during the last week.
Be the first to comment