In a report released today, Gary Tenner from D.A. Davidson maintained a Buy rating on Veritex (VBTX – Research Report), with a price target of $27.00. The company’s shares closed yesterday at $20.79.
Tenner covers the Financial sector, focusing on stocks such as Banc of California, Western Alliance, and Hancock Whitney. According to TipRanks, Tenner has an average return of 10.8% and a 59.28% success rate on recommended stocks.
Currently, the analyst consensus on Veritex is a Strong Buy with an average price target of $26.33, which is a 26.65% upside from current levels. In a report released yesterday, Piper Sandler also assigned a Buy rating to the stock with a $25.00 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 reports Q1 EPS 53c, consensus 56c
- 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
