$39.34
0.08[0.20%]
At close: Apr 26
$39.34
0[0.00%]
After Hours: 4:20PM EDT
Independent Bank Gr
(NASDAQ:IBTX)Independent Bank Gr Stock (NASDAQ:IBTX), Analyst Ratings, Price Targets, Predictions
Independent Bank Group Inc has a consensus price target of $39.9, established from looking at the 25 latest analyst ratings. The last 3 analyst ratings were released from Keefe, Bruyette & Woods, Truist Securities, and Piper Sandler on April 26, 2024, April 25, 2024, and April 24, 2024. With an average price target of $43.33 between Keefe, Bruyette & Woods, Truist Securities, and Piper Sandler, there's an implied 10.15% upside for Independent Bank Group Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Keefe, Bruyette & Woods
Truist Securities
Piper Sandler
Stephens & Co.
Keefe, Bruyette & Woods
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Independent Bank Gr
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/26/2024 | IBTX | Buy Now | Independent Bank Gr | $39.34 | 16.93% | Keefe, Bruyette & Woods | Catherine Mealor | $55 → $46 | Maintains | Outperform | Get Alert |
| 04/25/2024 | IBTX | Buy Now | Independent Bank Gr | $39.34 | 16.93% | Truist Securities | Brandon King | $52 → $46 | Maintains | Buy | Get Alert |
| 04/24/2024 | IBTX | Buy Now | Independent Bank Gr | $39.34 | -3.41% | Piper Sandler | Stephen Scouten | $48 → $38 | Downgrade | Neutral → Underweight | Get Alert |
| 04/23/2024 | IBTX | Buy Now | Independent Bank Gr | $39.34 | 39.81% | Stephens & Co. | Matt Olney | → $55 | Reiterates | Overweight → Overweight | Get Alert |
| 04/01/2024 | IBTX | Buy Now | Independent Bank Gr | $39.34 | 32.18% | Truist Securities | Brandon King | $58 → $52 | Maintains | Buy | Get Alert |
| 01/24/2024 | IBTX | Buy Now | Independent Bank Gr | $39.34 | 39.81% | Keefe, Bruyette & Woods | Brady Gailey | $53 → $55 | Maintains | Outperform | Get Alert |
| 01/24/2024 | IBTX | Buy Now | Independent Bank Gr | $39.34 | 49.97% | Raymond James | Michael Rose | $56 → $59 | Maintains | Outperform | Get Alert |
| 01/23/2024 | IBTX | Buy Now | Independent Bank Gr | $39.34 | 55.06% | Stephens & Co. | Matt Olney | → $61 | Reiterates | Overweight → Overweight | Get Alert |
| 01/05/2024 | IBTX | Buy Now | Independent Bank Gr | $39.34 | 42.35% | Raymond James | Michael Rose | → $56 | Upgrade | Market Perform → Outperform | Get Alert |
| 12/15/2023 | IBTX | Buy Now | Independent Bank Gr | $39.34 | 42.35% | Truist Securities | Michael Young | $42 → $56 | Maintains | Buy | Get Alert |
| 10/25/2023 | IBTX | Buy Now | Independent Bank Gr | $39.34 | 16.93% | Stephens & Co. | Matt Olney | $47 → $46 | Maintains | Overweight | Get Alert |
| 07/26/2023 | IBTX | Buy Now | Independent Bank Gr | $39.34 | 19.47% | Truist Securities | Brandon King | $40 → $47 | Maintains | Buy | Get Alert |
| 07/26/2023 | IBTX | Buy Now | Independent Bank Gr | $39.34 | 27.1% | Keefe, Bruyette & Woods | Brady Gailey | $60 → $50 | Maintains | Outperform | Get Alert |
| 07/26/2023 | IBTX | Buy Now | Independent Bank Gr | $39.34 | 11.85% | Piper Sandler | Brad Milsaps | $40 → $44 | Downgrade | Overweight → Neutral | Get Alert |
| 07/25/2023 | IBTX | Buy Now | Independent Bank Gr | $39.34 | 4.22% | Stephens & Co. | Matt Olney | → $41 | Reiterates | Overweight → Overweight | Get Alert |
| 06/29/2023 | IBTX | Buy Now | Independent Bank Gr | $39.34 | 1.68% | Truist Securities | Brandon King | $43 → $40 | Maintains | Buy | Get Alert |
| 04/26/2023 | IBTX | Buy Now | Independent Bank Gr | $39.34 | 9.3% | Truist Securities | Brandon King | $53 → $43 | Maintains | Buy | Get Alert |
| 04/26/2023 | IBTX | Buy Now | Independent Bank Gr | $39.34 | 22.01% | Piper Sandler | Brad Milsaps | $55 → $48 | Maintains | Overweight | Get Alert |
| 04/25/2023 | IBTX | Buy Now | Independent Bank Gr | $39.34 | 42.35% | Stephens & Co. | Matt Olney | → $56 | Reiterates | → Overweight | Get Alert |
FAQ
What is the target price for Independent Bank Gr (IBTX)?
The latest price target for Independent Bank Gr (NASDAQ: IBTX) was reported by Keefe, Bruyette & Woods on April 26, 2024. The analyst firm set a price target for $46.00 expecting IBTX to rise to within 12 months (a possible 16.93% upside). 16 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Independent Bank Gr (IBTX)?
The latest analyst rating for Independent Bank Gr (NASDAQ: IBTX) was provided by Keefe, Bruyette & Woods, and Independent Bank Gr maintained their outperform rating.
When was the last upgrade for Independent Bank Gr (IBTX)?
The last upgrade for Independent Bank Group Inc happened on January 5, 2024 when Raymond James raised their price target to $56. Raymond James previously had a market perform for Independent Bank Group Inc.
When was the last downgrade for Independent Bank Gr (IBTX)?
The last downgrade for Independent Bank Group Inc happened on April 24, 2024 when Piper Sandler changed their price target from $48 to $38 for Independent Bank Group Inc.
When is the next analyst rating going to be posted or updated for Independent Bank Gr (IBTX)?
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 April 26, 2024 so you should expect the next rating to be made available sometime around April 26, 2025.
Is the Analyst Rating Independent Bank Gr (IBTX) correct?
While ratings are subjective and will change, the latest Independent Bank Gr (IBTX) rating was a maintained with a price target of $55.00 to $46.00. The current price Independent Bank Gr (IBTX) is trading at is $39.34, which is out of the analyst’s predicted range.
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