The latest price target for Independent Bank Gr (NASDAQ:IBTX) was reported by Truist Securities on July 29, 2024. The analyst firm set a price target for $65.00 expecting IBTX to rise to within 12 months (a possible 9.28% upside). 17 analyst firms have reported ratings in the last year.

The latest analyst rating for Independent Bank Gr (NASDAQ:IBTX) was provided by Truist Securities, and Independent Bank Gr maintained their hold rating.

The last upgrade for Independent Bank Group Inc happened on May 31, 2024 when Piper Sandler raised their price target to $58. Piper Sandler previously had an underweight for Independent Bank Group Inc.

The last downgrade for Independent Bank Group Inc happened on May 29, 2024 when Truist Securities changed their price target from $46 to $50 for Independent Bank Group Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Independent Bank Gr, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Independent Bank Gr was filed on July 29, 2024 so you should expect the next rating to be made available sometime around July 29, 2025.

While ratings are subjective and will change, the latest Independent Bank Gr (IBTX) rating was a maintained with a price target of $48.00 to $65.00. The current price Independent Bank Gr (IBTX) is trading at is $59.48, which is within the analyst’s predicted range.