Piper Sandler analyst Stephen Scouten maintained a Buy rating on Veritex (VBTX – Research Report) today and set a price target of $25.00. The company’s shares closed yesterday at $16.85.
Scouten covers the Financial sector, focusing on stocks such as Veritex, Hancock Whitney, and Home Bancshares. According to TipRanks, Scouten has an average return of 1.8% and a 45.66% success rate on recommended stocks.
Veritex has an analyst consensus of Strong Buy, with a price target consensus of $25.50.
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VBTX market cap is currently $915.1M and has a P/E ratio of 6.36.
Based on the recent corporate insider activity of 75 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of VBTX in relation to earlier this year.
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Veritex (VBTX) Company Description:
Veritex Holdings, Inc. engages in the provision of commercial banking products and services to small to medium-sized businesses and professionals. It offers personal and business banking products; mortgages; and treasury services. The company was founded by Charles Malcolm Holland III in June 2009 and is headquartered in Dallas, TX.
Read More on VBTX:
- Veritex Holdings, Inc. Reports Third Quarter Operating Results
- Veritex Holdings, Inc. Declares Cash Dividend on Common Stock
- VBTX Earnings this Week: How Will it Perform?
- Veritex Holdings, Inc. Announces Dates Of Third Quarter 2023 Earnings Release And Conference Call
- Veritex Announces New President and Chief Banking Officer for Veritex Community Bank
