Bank OZK (NASDAQ:OZK – Get Free Report) had its price objective lifted by analysts at Stephens from $48.00 to $51.00 in a note issued to investors on Monday, Benzinga reports. The firm presently has an “equal weight” rating on the stock. Stephens’ target price would suggest a potential upside of 17.51% from the stock’s previous close.
Several other brokerages also recently issued reports on OZK. Piper Sandler raised their target price on shares of Bank OZK from $58.00 to $63.00 and gave the company an “overweight” rating in a research note on Friday. Morgan Stanley increased their price target on shares of Bank OZK from $48.00 to $51.00 and gave the company an “equal weight” rating in a report on Monday, August 5th. StockNews.com raised shares of Bank OZK from a “sell” rating to a “hold” rating in a report on Thursday, July 18th. Truist Financial lowered their price target on shares of Bank OZK from $48.00 to $46.00 and set a “hold” rating on the stock in a report on Monday. Finally, Raymond James cut shares of Bank OZK from an “outperform” rating to a “market perform” rating in a report on Tuesday, September 17th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $48.50.
Get Our Latest Stock Analysis on OZK
Bank OZK Stock Performance
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in OZK. PSI Advisors LLC increased its holdings in shares of Bank OZK by 20,933.3% during the second quarter. PSI Advisors LLC now owns 631 shares of the company’s stock worth $26,000 after purchasing an additional 628 shares during the period. LRI Investments LLC bought a new position in Bank OZK in the first quarter valued at approximately $29,000. Versant Capital Management Inc increased its stake in Bank OZK by 423.0% in the second quarter. Versant Capital Management Inc now owns 978 shares of the company’s stock valued at $40,000 after acquiring an additional 791 shares during the last quarter. American National Bank & Trust bought a new position in Bank OZK in the third quarter valued at approximately $44,000. Finally, Innealta Capital LLC bought a new position in Bank OZK in the second quarter valued at approximately $46,000. 86.18% of the stock is owned by institutional investors.
About Bank OZK
Bank OZK provides various retail and commercial banking services for individuals and businesses in the United States. The company offers deposit services, including non-interest bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time and reciprocal deposits.
Read More
- Five stocks we like better than Bank OZK
- What is the S&P/TSX Index?
- Analysts Predict New Highs for Cybersecurity Stock by Christmas
- How to Use the MarketBeat Dividend Calculator
- Nuclear Power Reaches Critical Mass: Top Stocks to Watch Now
- NYSE Stocks Give Investors a Variety of Quality OptionsĀ
- 2 Energy Stocks Surging on Billion-Dollar DOE Loan Commitments
Receive News & Ratings for Bank OZK Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank OZK and related companies with MarketBeat.com's FREE daily email newsletter.