In a report released yesterday, Brady Gailey from KBW reiterated a Buy rating on Third Coast Bancshares (TCBX – Research Report), with a price target of $26.00. The company’s shares closed yesterday at $19.12.
According to TipRanks, Gailey is a 5-star analyst with an average return of 9.9% and a 66.15% success rate. Gailey covers the Financial sector, focusing on stocks such as Bok Financial, Prosperity Bancshares, and Seacoast Banking Of Florida.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Third Coast Bancshares with a $22.00 average price target.
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The company has a one-year high of $21.50 and a one-year low of $12.31. Currently, Third Coast Bancshares has an average volume of 23.39K.
Based on the recent corporate insider activity of 40 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 TCBX in relation to earlier this year.
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.
Third Coast Bancshares (TCBX) Company Description:
Third Coast Bancshares Inc is a bank holding company operating primarily in the Greater Houston, Dallas-Fort Worth, and Austin-San Antonio markets through its wholly owned subsidiary.
Read More on TCBX:
- THIRD COAST BANCSHARES, INC. REPORTS RECORD 2023 FOURTH QUARTER AND FULL YEAR FINANCIAL RESULTS
- Is TCBX a Buy, Before Earnings?
- Third Coast Bancshares initiated with an Outperform at Keefe Bruyette
- Third Coast Bancshares, Inc. Declares Quarterly Cash Dividend on its 6.75% Series A Convertible Non-Cumulative Preferred Stock
