Bank7 Corp (NASDAQ:BSVN) Given $24.00 Consensus Target Price by Brokerages

Bank7 Corp (NASDAQ:BSVN) has received an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.

Analysts have set a 12 month consensus price objective of $24.00 for the company, according to Zacks. Zacks has also assigned Bank7 an industry rank of 200 out of 256 based on the ratings given to its competitors.

Separately, Zacks Investment Research raised shares of First Industrial Realty Trust from a “hold” rating to a “buy” rating and set a $39.00 target price for the company in a research report on Wednesday, June 5th.



Several institutional investors have recently made changes to their positions in the company. RMB Capital Management LLC lifted its position in Bank7 by 35.4% during the fourth quarter. RMB Capital Management LLC now owns 488,320 shares of the company’s stock worth $6,519,000 after purchasing an additional 127,655 shares during the period. BlackRock Inc. bought a new position in shares of Bank7 in the fourth quarter worth about $1,839,000. Millennium Management LLC increased its stake in shares of Bank7 by 56.2% in the fourth quarter. Millennium Management LLC now owns 134,300 shares of the company’s stock valued at $1,793,000 after buying an additional 48,313 shares during the period. ELCO Management Co. LLC increased its stake in shares of Bank7 by 131.7% in the first quarter. ELCO Management Co. LLC now owns 68,915 shares of the company’s stock valued at $1,197,000 after buying an additional 39,176 shares during the period. Finally, Northern Trust Corp acquired a new position in shares of Bank7 in the fourth quarter valued at approximately $417,000. 33.46% of the stock is owned by institutional investors.

Shares of NASDAQ:BSVN traded down $0.29 on Monday, hitting $17.80. The company had a trading volume of 4,113 shares, compared to its average volume of 10,665. Bank7 has a 1-year low of $10.85 and a 1-year high of $20.74. The company has a market cap of $184.29 million and a PE ratio of 7.30. The stock’s 50 day moving average is $17.38.

Bank7 (NASDAQ:BSVN) last released its quarterly earnings data on Tuesday, April 30th. The company reported $0.50 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.45 by $0.05. The firm had revenue of $10.58 million for the quarter. Bank7 had a net margin of 48.17% and a return on equity of 28.16%. As a group, sell-side analysts forecast that Bank7 will post 1.88 EPS for the current fiscal year.

About Bank7

Bank7 Corp. operates as a bank holding company for Bank7 that provides banking and financial services to individual and corporate customers in Oklahoma, Kansas, and Texas. It accepts demand, savings, checking, money market, and negotiable order of withdrawal accounts, as well as certificates of deposit.

Further Reading: What is Considered a Good Return on Equity (ROE)?

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