During the last quarter, Texas Capital Bancshares TCBI observed the following analyst notes:
|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|
In the past 3 months, 4 analysts have offered 12-month price targets for Texas Capital Bancshares. The company 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.
Analysts are specialists in banking and financial systems who generally report on specific stocks or in defined sectors. These people research companies’ financial statements, participate in conference calls and meetings, and speak with relevant insiders to determine what are called analyst ratings for stocks. Typically, analysts rate each stock once a quarter.
Some analysts also offer forecasts for useful metrics such as earnings, revenue, and growth estimates to provide additional guidance on what to do with certain tickers. It is important to keep in mind that although stock and sector analysts are specialists, they are also human and can only predict their opinions to traders.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.