Independent Bank Group (IBTX)
(Delayed Data from NSDQ)
$57.70 USD
-1.10 (-1.87%)
Updated Sep 24, 2024 04:00 PM ET
After-Market: $57.72 +0.02 (0.03%) 7:58 PM ET
3-Hold of 5 3
D Value F Growth A Momentum F VGM
Independent Bank Group (IBTX) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$57.00 | $66.00 | $46.00 | -3.06% |
Price Target
Based on short-term price targets offered by six analysts, the average price target for Independent Bank Group comes to $57.00. The forecasts range from a low of $46.00 to a high of $66.00. The average price target represents a decline of 3.06% from the last closing price of $58.80.
Analyst Price Targets (6 )
Broker Rating
Independent Bank Group currently has an average brokerage recommendation (ABR) of 2.43 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by seven brokerage firms. The current ABR compares to an ABR of 2.43 a month ago based on seven recommendations.
Of the seven recommendations deriving the current ABR, one is Strong Buy and two are Buy. Strong Buy and Buy respectively account for 14.29% and 28.57% of all recommendations. A month ago, Strong Buy made up 14.29%, while Buy represented 28.57%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 4 | 4 | 4 | 4 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 2.43 | 2.43 | 2.43 | 2.43 | 2.43 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
9/20/2024 | Truist Securities | Brandon T King | Hold | Hold |
7/29/2024 | Keefe Bruyette & Woods | Catherine S Mealor | Moderate Buy | Moderate Buy |
6/18/2024 | Stephens | Matthew C Olney | Strong Buy | Hold |
5/31/2024 | Piper Sandler | Stephen Scouten | Strong Buy | Strong Buy |
4/24/2024 | Hovde Group | Brett Rabatin | Hold | Hold |
4/23/2024 | Janney Montgomery Scott | John Rodis | Hold | Hold |
1/24/2024 | Raymond James | Michael E Rose | Moderate Buy | Moderate Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.43 |
ABR (Last week) | 2.43 |
# of Recs in ABR | 7 |
Average Target Price | $57.00 |
LT Growth Rate | NA |
Industry | Banks - Southeast |
Industry Rank by ABR | 37 of 253 |
Current Quarter EPS Est: | 0.67 |
IBTX FAQs
Independent Bank Group, Inc (IBTX) currently has an average brokerage recommendation (ABR) of 2.43 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 7 brokerage firms.
The average price target for Independent Bank Group, Inc (IBTX) is $57.00. The current on short-term price targets is based on 3 reports.
The forecasts for Independent Bank Group, Inc (IBTX) range from a low of $46 to a high of $66. The average price target represents a decline of $3.06 from the last closing price of $58.80.
The current DOWNSIDE for Independent Bank Group, Inc (IBTX) is 3.06%
Based on short-term price targets offered by six analysts, the average price target for Independent Bank Group comes to $57.00. The forecasts range from a low of $46.00 to a high of $66.00. The average price target represents a decline of 3.06% from the last closing price of $58.80.