Alert: Positive Investment/Fundamental Signals (12/14/23)-BOK Financial Corp (NASDAQ: BOKF)


Recent extremely meaningful positive changes in investment behavior have benefitted BOK Financial Corp (NASDAQ: BOKF): its shorter term price trend turned up, and the stock’s recent price rise disrupted its longer term downtrend.

Significant positive changes in fundamentals have recently occurred for BOK Financial Corp (NASDAQ: BOKF): significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, BOKF is expected to continue to be a Value Builder.

BOK Financial has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. BOK Financial has a good Appreciation Score of 81 but a slightly negative Power Rating of 37, with the High Neutral Value Trend Rating the result.

Recent Price Action

BOK Financial Corp (NASDAQ: BOKF) stock enjoyed a large increase of 3.2% on 12/14/23. The stock closed at $85.85. Moreover, above average trading volume at 128% of normal accompanied the advance. The stock has risen 12.0% during the last week and has performed in line with the market over the last nine months.

Be the first to comment

Leave a Reply

Your email address will not be published.