Third Coast Bancshares Inc has a consensus price target of $23.5, established from looking at the 17 latest analyst ratings. The last 3 analyst ratings were released from Raymond James, Keefe, Bruyette & Woods, and Stephens & Co. on January 29, 2024, January 11, 2024, and October 27, 2023. With an average price target of $22.67 between Raymond James, Keefe, Bruyette & Woods, and Stephens & Co., there's an implied 14.88% upside for Third Coast Bancshares Inc from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
01/29/2024 | TCBX | Buy Now | Third Coast Bancshares | $19.73 | 11.51% | Raymond James | Michael Rose | $20 → $22 | Maintains | Outperform | Get Alert |
01/11/2024 | TCBX | Buy Now | Third Coast Bancshares | $19.73 | 31.78% | Keefe, Bruyette & Woods | Brady Gailey | → $26 | Initiates | → Outperform | Get Alert |
10/27/2023 | TCBX | Buy Now | Third Coast Bancshares | $19.73 | 1.37% | Stephens & Co. | Matt Olney | $23 → $20 | Maintains | Overweight | Get Alert |
10/27/2023 | TCBX | Buy Now | Third Coast Bancshares | $19.73 | 1.37% | Raymond James | Michael Rose | $23 → $20 | Maintains | Outperform | Get Alert |
07/28/2023 | TCBX | Buy Now | Third Coast Bancshares | $19.73 | 21.64% | Stephens & Co. | Matt Olney | $19 → $24 | Maintains | Overweight | Get Alert |
07/28/2023 | TCBX | Buy Now | Third Coast Bancshares | $19.73 | 16.57% | Raymond James | David Long | → $23 | Upgrade | Market Perform → Outperform | Get Alert |
04/27/2023 | TCBX | Buy Now | Third Coast Bancshares | $19.73 | 1.37% | Stephens & Co. | Matt Olney | → $20 | Reiterates | → Overweight | Get Alert |
01/30/2023 | TCBX | Buy Now | Third Coast Bancshares | $19.73 | 16.57% | Stephens & Co. | Matt Olney | $25 → $23 | Maintains | Overweight | Get Alert |
10/13/2022 | TCBX | Buy Now | Third Coast Bancshares | $19.73 | 11.51% | Piper Sandler | Brad Milsaps | $23 → $22 | Maintains | Overweight | Get Alert |
10/06/2022 | TCBX | Buy Now | Third Coast Bancshares | $19.73 | — | Raymond James | David Long | — | Downgrade | Outperform → Market Perform | Get Alert |
07/29/2022 | TCBX | Buy Now | Third Coast Bancshares | $19.73 | 31.78% | Raymond James | Michael Rose | $30 → $26 | Maintains | Outperform | Get Alert |
07/07/2022 | TCBX | Buy Now | Third Coast Bancshares | $19.73 | 52.05% | Raymond James | Michael Rose | $29 → $30 | Maintains | Outperform | Get Alert |
06/03/2022 | TCBX | Buy Now | Third Coast Bancshares | $19.73 | 46.98% | Raymond James | Michael Rose | → $29 | Initiates | → Outperform | Get Alert |
04/05/2022 | TCBX | Buy Now | Third Coast Bancshares | $19.73 | 41.92% | Stephens & Co. | Matt Olney | $30 → $28 | Maintains | Overweight | Get Alert |
12/06/2021 | TCBX | Buy Now | Third Coast Bancshares | $19.73 | 62.19% | Stephens & Co. | Matt Olney | — | Initiates | → Overweight | Get Alert |
12/06/2021 | TCBX | Buy Now | Third Coast Bancshares | $19.73 | 41.92% | Deutsche Bank | Meng Jiao | — | Initiates | → Hold | Get Alert |
12/06/2021 | TCBX | Buy Now | Third Coast Bancshares | $19.73 | 52.05% | Piper Sandler | Brad Milsaps | — | Initiates | → Overweight | Get Alert |
The latest price target for Third Coast Bancshares (NASDAQ: TCBX) was reported by Raymond James on January 29, 2024. The analyst firm set a price target for $22.00 expecting TCBX to rise to within 12 months (a possible 11.51% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for Third Coast Bancshares (NASDAQ: TCBX) was provided by Raymond James, and Third Coast Bancshares maintained their outperform rating.
The last upgrade for Third Coast Bancshares Inc happened on July 28, 2023 when Raymond James raised their price target to $23. Raymond James previously had a market perform for Third Coast Bancshares Inc.
The last downgrade for Third Coast Bancshares Inc happened on October 6, 2022 when Raymond James changed their price target from N/A to N/A for Third Coast Bancshares Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Third Coast Bancshares, 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 Third Coast Bancshares was filed on January 29, 2024 so you should expect the next rating to be made available sometime around January 29, 2025.
While ratings are subjective and will change, the latest Third Coast Bancshares (TCBX) rating was a maintained with a price target of $20.00 to $22.00. The current price Third Coast Bancshares (TCBX) is trading at is $19.73, which is out of the analyst’s predicted range.
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