Bank7 (NASDAQ:BSVN) Stock Price Expected to Rise, Keefe, Bruyette & Woods Analyst Says

Bank7 (NASDAQ:BSVN) had its target price upped by analysts at Keefe, Bruyette & Woods from $45.00 to $53.00 in a research note issued on Wednesday,Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ price objective indicates a potential upside of 12.89% from the stock’s previous close.

Bank7 Stock Performance

Shares of BSVN stock traded up $0.10 during mid-day trading on Wednesday, hitting $46.95. The company’s stock had a trading volume of 1,765 shares, compared to its average volume of 18,241. The stock has a market cap of $438.51 million, a price-to-earnings ratio of 12.43 and a beta of 1.47. Bank7 has a 52-week low of $23.63 and a 52-week high of $49.42. The business has a 50-day moving average price of $43.06 and a 200 day moving average price of $37.88.

Bank7 (NASDAQ:BSVN) last posted its quarterly earnings data on Friday, October 11th. The company reported $1.24 EPS for the quarter, beating analysts’ consensus estimates of $1.07 by $0.17. The company had revenue of $24.89 million during the quarter, compared to analysts’ expectations of $24.00 million. Bank7 had a return on equity of 19.13% and a net margin of 24.22%. Equities research analysts predict that Bank7 will post 4.57 EPS for the current fiscal year.

Institutional Trading of Bank7

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in shares of Bank7 by 1.3% in the first quarter. Vanguard Group Inc. now owns 221,768 shares of the company’s stock worth $6,254,000 after acquiring an additional 2,817 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of Bank7 by 4.0% in the second quarter. Bank of New York Mellon Corp now owns 38,523 shares of the company’s stock worth $1,206,000 after acquiring an additional 1,478 shares during the period. Acadian Asset Management LLC boosted its stake in shares of Bank7 by 4.9% in the second quarter. Acadian Asset Management LLC now owns 21,762 shares of the company’s stock worth $680,000 after acquiring an additional 1,025 shares during the period. Inspire Investing LLC bought a new position in shares of Bank7 in the second quarter worth about $831,000. Finally, Copeland Capital Management LLC bought a new position in shares of Bank7 in the third quarter worth about $48,000. Hedge funds and other institutional investors own 23.48% of the company’s stock.

Bank7 Company Profile

Bank7 Corp. operates as a bank holding company for Bank7 that provides banking and financial services to individual and corporate customers. It offers commercial deposit, commercial checking, money market, and other deposit accounts; and retail deposit services, such as certificates of deposit, money market accounts, checking accounts, negotiable order of withdrawal accounts, savings accounts, and automated teller machine access.