Analysts Conflicted on These Financial Names: First Internet Bancorp (INBK), Veritex (VBTX) and Standard Chartered (OtherSCBFF)

Analysts have been eager to weigh in on the Financial sector with new ratings on First Internet Bancorp (INBK – Research Report), Veritex (VBTX – Research Report) and Standard Chartered (SCBFF – Research Report).

First Internet Bancorp (INBK)

In a report released today, George Sutton from Craig-Hallum maintained a Hold rating on First Internet Bancorp. The company’s shares closed last Wednesday at $14.57.

According to TipRanks.com, Sutton is a 4-star analyst with an average return of 6.5% and a 44.5% success rate. Sutton covers the Technology sector, focusing on stocks such as Transact Technologies, Freightos Limited, and Par Technology.

Currently, the analyst consensus on First Internet Bancorp is a Hold with an average price target of $22.00, representing a 41.0% upside. In a report released today, Piper Sandler also assigned a Hold rating to the stock with a $19.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Veritex (VBTX)

In a report released today, Gary Tenner from D.A. Davidson reiterated a Buy rating on Veritex, with a price target of $26.00. The company’s shares closed last Wednesday at $16.89, close to its 52-week low of $14.88.

According to TipRanks.com, Tenner is a 5-star analyst with an average return of 9.4% and a 53.2% success rate. Tenner covers the Financial sector, focusing on stocks such as Central Valley Community Bancorp, Southern California Bancorp, and Private Bancorp of America.

Veritex has an analyst consensus of Strong Buy, with a price target consensus of $24.75, which is a 47.8% upside from current levels. In a report released yesterday, Piper Sandler also maintained a Buy rating on the stock with a $25.00 price target.

Standard Chartered (SCBFF)

Morgan Stanley analyst Nick Lord maintained a Hold rating on Standard Chartered today and set a price target of p891.00. The company’s shares closed last Tuesday at $8.61.

According to TipRanks.com, Lord is ranked #4258 out of 8565 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Standard Chartered with a $12.01 average price target, a 39.4% upside from current levels. In a report issued on October 16, Citi also reiterated a Hold rating on the stock with a HK$81.20 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on INBK:

• INBK Earnings this Week: How Will it Perform?