Zacks: Bank7 Corp (NASDAQ:BSVN) Given $24.00 Average Target Price by Analysts

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

Brokers have set a 12 month consensus price target of $24.00 for the company, according to Zacks. Zacks has also given Bank7 an industry rank of 153 out of 256 based on the ratings given to its competitors.

Separately, Zacks Investment Research cut Bank7 from a “buy” rating to a “sell” rating in a research note on Tuesday, April 30th.

A number of institutional investors and hedge funds have recently made changes to their positions in BSVN. American International Group Inc. bought a new position in Bank7 during the fourth quarter worth $30,000. Deutsche Bank AG bought a new position in Bank7 during the fourth quarter worth $59,000. Acadian Asset Management LLC bought a new position in Bank7 during the first quarter worth $103,000. Geode Capital Management LLC bought a new position in Bank7 during the fourth quarter worth $158,000. Finally, Stifel Financial Corp lifted its stake in Bank7 by 15.1% during the fourth quarter. Stifel Financial Corp now owns 23,225 shares of the company’s stock worth $310,000 after purchasing an additional 3,043 shares during the last quarter. Hedge funds and other institutional investors own 33.46% of the company’s stock.

Shares of Bank7 stock traded down $0.15 on Friday, hitting $16.60. 3,488 shares of the company’s stock traded hands, compared to its average volume of 4,253. The stock has a market cap of $170.64 million and a P/E ratio of 6.80. Bank7 has a 52-week low of $10.85 and a 52-week high of $20.74.

Bank7 (NASDAQ:BSVN) last released its earnings results 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 company had revenue of $10.58 million during the quarter. Bank7 had a return on equity of 28.16% and a net margin of 48.17%. Equities analysts forecast that Bank7 will post 1.88 EPS for the current year.

Bank7 Company Profile

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.

Read More: What is diluted earnings per share (Diluted EPS)?

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