Bank First National (NASDAQ:BFC) Price Target Raised to $137.00

Bank First National (NASDAQ:BFC - Get Free Report) had its price objective lifted by equities researchers at Piper Sandler from $115.00 to $137.00 in a research note issued to investors on Monday,Benzinga reports. The firm presently has a "neutral" rating on the stock. Piper Sandler's price target points to a potential upside of 5.49% from the stock'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 note on Tuesday, May 6th.

Bank First National Stock Down 1.8%

BFC stock traded down $2.43 during trading on Monday, reaching $129.87. The stock had a trading volume of 19,021 shares, compared to its average volume of 62,414. Bank First National has a 1-year low of $82.50 and a 1-year high of $132.59. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $1.29 billion, a P/E ratio of 18.68 and a beta of 0.39. The firm has a fifty day moving average price of $117.62 and a 200 day moving average price of $108.21.

Bank First National (NASDAQ:BFC - Get Free Report) last posted its earnings results on Friday, July 18th. The company reported $1.71 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 the consensus estimate of $43.85 million. Bank First National had a return on equity of 10.81% and a net margin of 29.04%. On average, equities analysts anticipate that Bank First National will post 6.9 earnings per share for the current year.

Institutional Trading of Bank First National

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Commonwealth Equity Services LLC lifted its position in shares of Bank First National by 2.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 4,731 shares of the company's stock valued at $469,000 after acquiring an additional 105 shares in the last quarter. Mariner LLC lifted its position in shares of Bank First National by 4.7% in the 4th quarter. Mariner LLC now owns 2,497 shares of the company's stock valued at $247,000 after acquiring an additional 112 shares in the last quarter. Citadel Advisors LLC lifted its position in shares of Bank First National by 1.2% in the 4th quarter. Citadel Advisors LLC now owns 10,264 shares of the company's stock valued at $1,017,000 after acquiring an additional 119 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Bank First National by 2.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 4,531 shares of the company's stock valued at $449,000 after acquiring an additional 123 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Bank First National by 2.3% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,506 shares of the company's stock valued at $546,000 after buying an additional 124 shares during the period. 29.95% of the stock is owned by institutional investors and hedge funds.

About Bank First National

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.