KBW analyst Brady Gailey maintained a Buy rating on Third Coast Bancshares (TCBX – Research Report) yesterday and set a price target of $26.00. The company’s shares closed yesterday at $19.99.
According to TipRanks, Gailey is a 5-star analyst with an average return of 9.7% and a 65.67% success rate. Gailey covers the Financial sector, focusing on stocks such as Third Coast Bancshares, Bok Financial, and First Horizon.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Third Coast Bancshares with a $23.00 average price target, a 15.06% upside from current levels. In a report released on January 26, Piper Sandler also assigned a Buy rating to the stock with a $20.00 price target.
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TCBX market cap is currently $269.1M and has a P/E ratio of 10.84.
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.
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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
- Third Coast Bancshares reports Q4 EPS , consensus 48c
- 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
