Bank First National (NASDAQ:BFC) Given New $137.00 Price Target at Piper Sandler

Bank First National (NASDAQ:BFC - Get Free Report) had its price target increased by stock analysts at Piper Sandler from $115.00 to $137.00 in a research report issued on Monday,Benzinga reports. The firm currently has a "neutral" rating on the stock. Piper Sandler's target price points to a potential upside of 5.87% from the company's previous close.

Separately, Hovde Group raised shares of Bank First National from a "market perform" rating to an "outperform" rating and set a $130.00 price target for the company in a research report on Tuesday, May 6th.

Bank First National Stock Performance

BFC traded up $2.28 on Monday, hitting $129.41. The company's stock had a trading volume of 142,325 shares, compared to its average volume of 43,186. The company's 50 day simple moving average is $117.10 and its 200-day simple moving average is $107.86. The firm has a market cap of $1.28 billion, a P/E ratio of 18.67 and a beta of 0.39. Bank First National has a 12 month low of $82.50 and a 12 month high of $129.69. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.02.

Bank First National (NASDAQ:BFC - Get Free Report) last posted its earnings results on Friday, July 18th. The company reported $1.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.80 by ($0.09). The firm had revenue of $41.60 million during the quarter, compared to analysts' expectations of $43.85 million. Bank First National had a return on equity of 10.81% and a net margin of 29.04%. Analysts forecast that Bank First National will post 6.9 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in BFC. Vanguard Group Inc. lifted its position in Bank First National by 12.3% in the first quarter. Vanguard Group Inc. now owns 581,909 shares of the company's stock valued at $58,622,000 after buying an additional 63,568 shares during the last quarter. Northern Trust Corp increased its stake in Bank First National by 5.6% in the fourth quarter. Northern Trust Corp now owns 95,639 shares of the company's stock valued at $9,477,000 after purchasing an additional 5,098 shares during the last quarter. American Century Companies Inc. grew its position in shares of Bank First National by 30.2% during the first quarter. American Century Companies Inc. now owns 82,425 shares of the company's stock worth $8,303,000 after acquiring an additional 19,131 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in Bank First National by 0.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 75,563 shares of the company's stock valued at $7,488,000 after buying an additional 693 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in Bank First National by 103.2% in the fourth quarter. JPMorgan Chase & Co. now owns 48,500 shares of the company's stock valued at $4,806,000 after acquiring an additional 24,635 shares during the period. 29.95% of the stock is owned by institutional investors and hedge funds.

Bank First National Company Profile

Bank First Corporation operates as a holding company for Bank First, N.A. that provides consumer and commercial financial services to businesses, professionals, consumers, associations, individuals, and governmental authorities in Wisconsin. It offers checking, savings, money market, cash management, retirement, and health savings accounts; other time deposits; certificates of deposit; and residential mortgage products.