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 $20.77.
According to TipRanks, Scouten is a 4-star analyst with an average return of 6.1% and a 57.81% success rate. Scouten covers the Financial sector, focusing on stocks such as Veritex, Cadence Bank, and Capital City Bank.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Veritex with a $25.75 average price target, a 23.98% upside from current levels. In a report released yesterday, KBW also assigned a Buy rating to the stock with a $27.00 price target.
The company has a one-year high of $24.21 and a one-year low of $14.44. Currently, Veritex has an average volume of 440.5K.
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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 Announces Q1 Results Webcast and Quarterly Dividend
- Veritex Holdings, Inc. Declares Cash Dividend on Common Stock
- Veritex Holdings, Inc. Announces Dates of First Quarter 2024 Earnings Release and Conference Call
- Veritex Holdings Announces $50M Stock Buyback and Portfolio Restructuring
- Veritex announces $50M stock buyback program
