Texas Capital Bancshares TCBI observed the following analyst notes during the last quarter:
|Bullish||Rather bullish||Indifferent||a bit bearish||Bearish|
|last 30 days||0||0||1||0||0|
|2 months ago||0||0||0||0||0|
|3 months ago||2||0||0||0||0|
According to 4 analysts offering 12-month price targets over the past 3 months, Texas Capital Bancshares has an average price target of $63.0 with a high of $70.00 and a low of $55.00.
Below is a summary of how these 4 analysts have rated Texas Capital Bancshares over the past 3 months. The higher the number of bullish ratings, the more analysts are positive on the security and the higher the number of bearish ratings, the more analysts are negative on the security
This average price target has increased by 2.16% over the past month.
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually over the next five years, and how risky or predictable that company’s revenue streams are.
Analysts attend company conference calls and meetings, research company financials, and contact insiders to release their stock notes. Analysts typically rate each stock once a quarter or whenever the company has a major update.
Some analysts publish their forecasts for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and industry analysts are also human and only offer their opinions to investors.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.