Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $67.94 on BOK Financial Corporation (NASDAQ:BOKF) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $3.87 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of BOK Financial Corporation (NASDAQ:BOKF) stands at 19.06.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For BOK Financial Corporation, the PEG ratio for coming 3-5 years is 2.20.
The technical analysis highlights that BOK Financial Corporation current is trading $1.87 points away or +2.78% from its 50-day moving average of $67.24. Further it is trading $8.28 or +13.60% away its 200-day moving average of $60.83.
The 52-week high of BOK Financial Corporation (NASDAQ:BOKF) was $75.18 while lowest point recorded in 52-week was $44.13. It implies if stock price makes a movement of over $-6.07, it will record a new 52-week high. In the case of +56.61% drop, it will touch a new 52-week low.
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