| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 10/25/2023 | 28.35% | Stephens & Co. | $47 → $46 | Maintains | Overweight |
| 07/26/2023 | 31.14% | Truist Securities | $40 → $47 | Maintains | Buy |
| 07/26/2023 | 39.51% | Keefe, Bruyette & Woods | $60 → $50 | Maintains | Outperform |
| 07/26/2023 | 22.77% | Piper Sandler | $40 → $44 | Downgrades | Overweight → Neutral |
| 07/25/2023 | 14.4% | Stephens & Co. | → $41 | Reiterates | Overweight → Overweight |
| 06/29/2023 | 11.61% | Truist Securities | $43 → $40 | Maintains | Buy |
| 04/26/2023 | 19.98% | Truist Securities | $53 → $43 | Maintains | Buy |
| 04/26/2023 | 33.93% | Piper Sandler | $55 → $48 | Maintains | Overweight |
| 04/25/2023 | 56.25% | Stephens & Co. | → $56 | Reiterates | → Overweight |
| 01/25/2023 | 81.36% | Truist Securities | $70 → $65 | Maintains | Buy |
| 10/26/2022 | — | Hovde Group | Downgrades | Outperform → Market Perform | |
| 09/16/2022 | 109.26% | Piper Sandler | $78 → $75 | Maintains | Overweight |
| 07/06/2022 | 112.05% | Truist Securities | $85 → $76 | Maintains | Buy |
| 03/09/2022 | — | Janney Montgomery Scott | Initiates Coverage On | → Neutral | |
| 01/26/2022 | 137.17% | Truist Securities | $80 → $85 | Maintains | Buy |
| 03/19/2021 | 142.75% | Truist Securities | $75 → $87 | Maintains | Buy |
| 12/18/2020 | 109.26% | Truist Securities | → $75 | Initiates Coverage On | → Buy |
| 10/06/2020 | — | Raymond James | Downgrades | Outperform → Market Perform | |
| 09/30/2020 | 35.32% | Piper Sandler | $47 → $48.5 | Maintains | Overweight |
| 08/25/2020 | 33.93% | Truist Securities | $43 → $48 | Maintains | Hold |
| 05/19/2020 | -2.34% | SunTrust Robinson Humphrey | $29 → $35 | Maintains | Hold |
| 04/29/2020 | 11.61% | Piper Sandler | $46 → $40 | Maintains | Overweight |
| 01/29/2020 | 70.2% | Stephens & Co. | $67 → $61 | Upgrades | Equal-Weight → Overweight |
| 12/10/2019 | — | Raymond James | Downgrades | Outperform → Market Perform | |
| 10/03/2019 | 67.41% | SunTrust Robinson Humphrey | $61 → $60 | Maintains | Hold |
| 01/07/2019 | 70.2% | Raymond James | $72 → $61 | Downgrades | Strong Buy → Outperform |
What is the target price for Independent Bank Gr (IBTX)?
The latest price target for Independent Bank Gr (NASDAQ: IBTX) was reported by Stephens & Co. on October 25, 2023. The analyst firm set a price target for $46.00 expecting IBTX to rise to within 12 months (a possible 28.35% upside). 11 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Independent Bank Gr (IBTX)?
The latest analyst rating for Independent Bank Gr (NASDAQ: IBTX) was provided by Stephens & Co., and Independent Bank Gr maintained their overweight rating.
When is the next analyst rating going to be posted or updated for Independent Bank Gr (IBTX)?
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 October 25, 2023 so you should expect the next rating to be made available sometime around October 25, 2024.
Is the Analyst Rating Independent Bank Gr (IBTX) correct?
While ratings are subjective and will change, the latest Independent Bank Gr (IBTX) rating was a maintained with a price target of $47.00 to $46.00. The current price Independent Bank Gr (IBTX) is trading at is $35.84, which is out of the analyst's predicted range.