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

Bank7 (NASDAQ:BSVN - Get Free Report) had its target price raised by equities researchers at 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 target price points to a potential upside of 23.87% from the company'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 on the stock in a report on Friday.

Bank7 Stock Down 0.2 %

Shares of BSVN traded down $0.10 during trading hours on Friday, reaching $44.40. 41,645 shares of the company traded hands, compared to its average volume of 29,607. The business has a fifty day moving average price of $45.96 and a 200-day moving average price of $41.38. Bank7 has a 12-month low of $24.50 and a 12-month high of $50.26. The stock has a market capitalization of $414.70 million, a P/E ratio of 11.68 and a beta of 1.47.

Bank7 (NASDAQ:BSVN - Get Free Report) last issued its quarterly earnings results on Thursday, January 16th. The company reported $1.16 EPS for the quarter, topping analysts' consensus estimates of $1.05 by $0.11. Bank7 had a return on equity of 19.13% and a net margin of 24.22%. As a group, research analysts predict that Bank7 will post 4.57 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of BSVN. Copeland Capital Management LLC acquired a new position in shares of Bank7 in the third quarter worth about $48,000. BNP Paribas Financial Markets increased its stake in shares of Bank7 by 22.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,504 shares of the company's stock valued at $56,000 after purchasing an additional 280 shares in the last quarter. MetLife Investment Management LLC acquired a new position in Bank7 in the 3rd quarter worth about $86,000. Barclays PLC boosted its position in Bank7 by 158.7% during the third quarter. Barclays PLC now owns 12,953 shares of the company's stock worth $486,000 after purchasing an additional 7,947 shares in the last quarter. Finally, Los Angeles Capital Management LLC acquired a new stake in Bank7 in the third quarter valued at approximately $700,000. 23.48% of the stock is currently owned by hedge funds and other institutional investors.

About Bank7

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.