Raymond James has revised its price target for BOK Financial (BOKF, Financial), lowering it from $125 to $105. This adjustment comes after the company’s first-quarter results fell short of expectations. The shortfall was primarily driven by a decline in trading fees, which were affected by reduced trading volumes and narrower spreads due to ongoing policy uncertainties.
Despite these challenges, Raymond James maintains a positive view on the risk-reward profile of BOK Financial. The firm cites the company's strong operational performance, profitability, high capital levels, and solid asset quality as favorable factors. However, the financial services firm is exercising caution in its projections due to potential impacts from tariffs and policy changes introduced during the Trump administration.
Overall, while BOK Financial faces some headwinds, its foundational strengths provide a compelling case for cautious optimism according to Raymond James.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for BOK Financial Corp (BOKF, Financial) is $113.30 with a high estimate of $123.00 and a low estimate of $100.00. The average target implies an upside of 28.56% from the current price of $88.13. More detailed estimate data can be found on the BOK Financial Corp (BOKF) Forecast page.
Based on the consensus recommendation from 10 brokerage firms, BOK Financial Corp's (BOKF, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for BOK Financial Corp (BOKF, Financial) in one year is $114.73, suggesting a upside of 30.18% from the current price of $88.13. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the BOK Financial Corp (BOKF) Summary page.
