BOK Financial (BOKF) is Initiated by Wells Fargo to Market Perform

BOK Financial (BOKF) is Initiated by Wells Fargo to Market Perform , according to the research report released to the investors. The shares recommendation by the Brokerage Firm was released on Dec-22-2015.

Shares of BOK Financial Corporation (NASDAQ:BOKF) ended Thursday session in red amid volatile trading. The shares closed down 0.66 points or 1.07% at $61.18 with 304,649 shares getting traded. Post opening the session at $61.69, the shares hit an intraday low of $60.09 and an intraday high of $62.33 and the price vacillated in this range throughout the day. The company has a market cap of $4,143 million and the number of outstanding shares has been calculated to be 67,713,031 shares. The 52-week high of BOK Financial Corporation (NASDAQ:BOKF) is $75.18 and the 52-week low is $53.01.

During the last several months other analysts have commented on the company rating. Brokerage firm Sterne Agee CRT maintains its rating on BOK Financial Corporation (NASDAQ:BOKF). As per the latest information, the brokerage house lowers the price target to $65 per share from a prior target of $67. The shares have been rated Neutral. The rating by the firm was issued on October 8, 2015.

As many as 8 brokerage firms have rated BOK Financial Corporation (NASDAQ:BOKF) at 3. Research Analysts at Zacks have ranked the company at 3, suggesting the traders with a rating of hold for the short term. The stock garnered a place in the hold list of 8 stock Analysts.

BOK Financial Corporation (NASDAQ:BOKF) stock has received a short term price target of $ 68.86 from 7 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $1.77. The higher estimate of target price is $71 , while the lower price target estimate is $67

BOK Financial Corporation has lost 4.64% in the last five trading days and dropped 10.67% in the last 4 weeks. BOK Financial Corporation has dropped 0.33% during the last 3-month period . Year-to-Date the stock performance stands at 4.57%.

BOK Financial Corporation, is a financial holding company. BOK Financial offers service banking in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, and Kansas/Missouri. BOKF, NA (the Bank) is a wholly owned subsidiary bank of BOK Financial. Operating divisions of the Bank include Bank of Albuquerque, Bank of Arizona, Bank of Arkansas, Bank of Kansas City, Bank of Oklahoma, Bank of Texas and Colorado State Bank and Trust. Other wholly owned subsidiaries of BOK Financial include BOSC, Inc., a broker/dealer that engages in retail and institutional securities sales and municipal bond underwriting. BOK Financial operates three principal lines of business: commercial banking, consumer banking and wealth management. BOK Financial, through its subsidiaries, provides a wide range of financial services. In March 2014, BOK Financial Corp completed the acquisition of Topeka, Kansas-based GTRUST Financial Corporation by its bank subsidiary, BOKF, NA.