RBC Capital has adjusted its price target for BOK Financial (BOKF, Financial), lowering it from $119 to $104. Despite the reduction, the firm maintains a Sector Perform rating on the stock.
According to the analyst, BOK Financial experienced a "decent" quarter. While the company saw slightly lower loan balances and slower trading volume, these were balanced by better management of expenses and a lack of new provisions.
Looking ahead, RBC Capital takes a positive stance on BOK Financial's prospects for 2025, anticipating a favorable outlook for the company.
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.
