Bank7 (NASDAQ:BSVN) Price Target Raised to $55.00 at Piper Sandler

Bank7 (NASDAQ:BSVN) had its target price boosted by Piper Sandler from $53.00 to $55.00 in a report released on Friday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Piper Sandler’s price objective suggests a potential upside of 23.68% from the stock’s current price.

Separately, Keefe, Bruyette & Woods cut their price target on shares of Bank7 from $53.00 to $52.00 and set an “outperform” rating for the company in a report on Friday.

Bank7 Stock Performance

Shares of NASDAQ:BSVN traded down $0.03 on Friday, hitting $44.47. 16,281 shares of the company were exchanged, compared to its average volume of 24,241. The company’s 50 day moving average price is $45.97 and its two-hundred day moving average price is $41.21. The firm has a market capitalization of $415.34 million, a price-to-earnings ratio of 11.72 and a beta of 1.47. Bank7 has a one year low of $24.50 and a one year high of $50.26.

Bank7 (NASDAQ:BSVN) last posted its quarterly earnings results on Thursday, January 16th. The company reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.05 by $0.11. Bank7 had a net margin of 24.22% and a return on equity of 19.13%. Research analysts predict that Bank7 will post 4.57 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Los Angeles Capital Management LLC acquired a new stake in Bank7 in the 3rd quarter valued at about $700,000. Geode Capital Management LLC increased its holdings in shares of Bank7 by 1.7% in the third quarter. Geode Capital Management LLC now owns 96,321 shares of the company’s stock valued at $3,610,000 after purchasing an additional 1,633 shares in the last quarter. State Street Corp raised its position in Bank7 by 10.4% in the 3rd quarter. State Street Corp now owns 47,430 shares of the company’s stock worth $1,789,000 after purchasing an additional 4,465 shares during the last quarter. BNP Paribas Financial Markets raised its position in Bank7 by 22.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,504 shares of the company’s stock worth $56,000 after purchasing an additional 280 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its position in Bank7 by 44.2% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 24,171 shares of the company’s stock valued at $906,000 after buying an additional 7,414 shares during the last quarter. 23.48% of the stock is owned by institutional investors.

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.