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Analysts Offer Insights on Financial Companies: Independent Bank (INDB), Glacier Bancorp (GBCI) and Bank OZK (OZK)

Analysts have been eager to weigh in on the Financial sector with new ratings on Independent Bank (INDBResearch Report), Glacier Bancorp (GBCIResearch Report) and Bank OZK (OZKResearch Report).

Independent Bank (INDB)

In a report released today, Mark Fitzgibbon from Piper Sandler maintained a Hold rating on Independent Bank, with a price target of $54.00. The company’s shares closed last Thursday at $47.80, close to its 52-week low of $43.28.

According to TipRanks.com, Fitzgibbon is a 4-star analyst with an average return of 5.0% and a 50.0% success rate. Fitzgibbon covers the Financial sector, focusing on stocks such as Provident Financial Services, Western New England Bancorp, and Washington Bancorp.

Independent Bank has an analyst consensus of Moderate Sell, with a price target consensus of $51.33.

See today’s best-performing stocks on TipRanks >>

Glacier Bancorp (GBCI)

In a report released today, Matthew Clark from Piper Sandler maintained a Hold rating on Glacier Bancorp, with a price target of $31.00. The company’s shares closed last Thursday at $29.97, close to its 52-week low of $26.77.

According to TipRanks.com, Clark is a 4-star analyst with an average return of 5.2% and a 49.5% success rate. Clark covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, First Interstate Bancsystem, and First Western Financial.

Glacier Bancorp has an analyst consensus of Moderate Buy, with a price target consensus of $33.25.

Bank OZK (OZK)

In a report released today, Stephen Scouten from Piper Sandler maintained a Buy rating on Bank OZK, with a price target of $62.00. The company’s shares closed last Thursday at $35.40.

According to TipRanks.com, Scouten is a 3-star analyst with an average return of 2.3% and a 46.9% success rate. Scouten covers the Financial sector, focusing on stocks such as USCB Financial Holdings, Inc. Class A, Seacoast Banking Of Florida, and Pinnacle Financial Partners.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bank OZK with a $45.29 average price target.

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