| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 09/16/2022 | 11.08% | Piper Sandler | $78 → $75 | Maintains | Overweight |
| 07/06/2022 | 12.56% | Truist Securities | $85 → $76 | Maintains | Buy |
| 03/09/2022 | — | Janney Montgomery Scott | Initiates Coverage On | → Neutral | |
| 01/26/2022 | 25.89% | Truist Securities | $80 → $85 | Maintains | Buy |
| 03/19/2021 | 28.85% | Truist Securities | $75 → $87 | Maintains | Buy |
| 12/18/2020 | 11.08% | Truist Securities | → $75 | Initiates Coverage On | → Buy |
| 10/06/2020 | — | Raymond James | Downgrades | Outperform → Market Perform | |
| 09/30/2020 | -28.17% | Piper Sandler | $47 → $48.5 | Maintains | Overweight |
| 08/25/2020 | -28.91% | Truist Securities | $43 → $48 | Maintains | Hold |
| 05/19/2020 | -48.16% | SunTrust Robinson Humphrey | $29 → $35 | Maintains | Hold |
| 04/29/2020 | -40.76% | Piper Sandler | $46 → $40 | Maintains | Overweight |
| 01/29/2020 | -9.66% | Stephens & Co. | $67 → $61 | Upgrades | Equal-Weight → Overweight |
| 12/10/2019 | — | Raymond James | Downgrades | Outperform → Market Perform | |
| 10/03/2019 | -11.14% | SunTrust Robinson Humphrey | $61 → $60 | Maintains | Hold |
| 01/07/2019 | -9.66% | Raymond James | $72 → $61 | Downgrades | Strong Buy → Outperform |
| 10/04/2018 | — | Raymond James | Upgrades | Outperform → Strong Buy |
Independent Bank Gr Questions & Answers
The latest price target for Independent Bank Gr (NASDAQ: IBTX) was reported by Piper Sandler on September 16, 2022. The analyst firm set a price target for $75.00 expecting IBTX to rise to within 12 months (a possible 11.08% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Independent Bank Gr (NASDAQ: IBTX) was provided by Piper Sandler, and Independent Bank Gr maintained their overweight rating.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Independent Bank Gr, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Independent Bank Gr was filed on September 16, 2022 so you should expect the next rating to be made available sometime around September 16, 2023.
While ratings are subjective and will change, the latest Independent Bank Gr (IBTX) rating was a maintained with a price target of $78.00 to $75.00. The current price Independent Bank Gr (IBTX) is trading at is $67.52, which is out of the analyst's predicted range.