Independent Bank Group, Inc (IBTX) Social Stream
INDEPENDENT BANK GROUP INC (IBTX) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering INDEPENDENT BANK GROUP INC.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-12-15 | 4 | $80 | $75 | $77.333 | $49.93 | 54.88% |
| 2022-01-03 | 4 | $81 | $77 | $79.333 | $49.93 | 58.89% |
| 2022-01-25 | 4 | $85 | $81 | $82.333 | $49.93 | 64.9% |
| 2022-02-01 | 4 | $85 | $81 | $83.333 | $49.93 | 66.9% |
| 2022-04-26 | 5 | $85 | $80 | $82.5 | $49.93 | 65.23% |
| 2022-04-28 | 5 | $85 | $78 | $82 | $49.93 | 64.23% |
| 2022-06-21 | 5 | $85 | $78 | $81.5 | $49.93 | 63.23% |
| 2022-07-25 | 5 | $82 | $76 | $78 | $49.93 | 56.22% |
| 2022-07-28 | 5 | $82 | $78 | $79.5 | $49.93 | 59.22% |
| 2022-09-09 | 5 | $80 | $78 | $79 | $49.93 | 58.22% |
| 2022-09-28 | 5 | $80 | $75 | $78.25 | $49.93 | 56.72% |
| 2022-10-27 | 6 | $80 | $70 | $72.8 | $49.93 | 45.8% |
| 2022-12-08 | 6 | $74 | $70 | $71.6 | $49.93 | 43.4% |
| 2022-12-14 | 6 | $74 | $70 | $70.8 | $49.93 | 41.8% |
| 2023-01-03 | 6 | $71 | $70 | $70.2 | $49.93 | 40.6% |
| 2023-01-24 | 6 | $71 | $64 | $68 | $49.93 | 36.19% |
| 2023-01-25 | 6 | $71 | $64 | $67 | $49.93 | 34.19% |
| 2023-02-02 | 6 | $70 | $64 | $66.2 | $49.93 | 32.59% |
| 2023-03-01 | 6 | $70 | $64 | $66.8 | $49.93 | 33.79% |
| 2023-03-23 | 6 | $70 | $53 | $64.4 | $49.93 | 28.98% |
| 2023-04-03 | 6 | $70 | $53 | $62.4 | $49.93 | 24.97% |
| 2023-04-26 | 6 | $70 | $43 | $56.2 | $49.93 | 12.56% |
| 2023-04-27 | 6 | $70 | $42 | $51.8 | $49.93 | 3.75% |
| 2023-05-19 | 6 | $70 | $42 | $50 | $49.93 | 0.14% |
| 2023-06-29 | 6 | $70 | $40 | $47.8 | $49.93 | -4.27% |
| 2023-07-26 | 6 | $70 | $40 | $47.4 | $49.93 | -5.07% |
| 2023-07-27 | 6 | $70 | $41 | $49.6 | $49.93 | -0.66% |
| 2023-08-01 | 6 | $70 | $44 | $51 | $49.93 | 2.14% |
| 2023-09-27 | 7 | $70 | $44 | $51.6 | $49.93 | 3.34% |
| 2023-10-02 | 7 | $51 | $44 | $46.8 | $49.93 | -6.27% |
| 2023-10-25 | 7 | $51 | $42 | $45.8 | $49.93 | -8.27% |
| 2023-11-01 | 7 | $46 | $39 | $42.6 | $49.93 | -14.68% |
| 2023-12-13 | 7 | $46 | $40 | $42.8 | $49.93 | -14.28% |
| 2023-12-18 | 7 | $56 | $40 | $45.6 | $49.93 | -8.67% |
The Trend in the Analyst Price Target
Over the past 18 months, IBTX's average price target has gone down $35.9.
IBTX reports an average of 22.55% for its upside potential over the past 47 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-01-24 | 6 | 71 | 64 | 68.0 | 59.28 | 14.71% |
| 2023-03-29 | 6 | 70 | 53 | 62.4 | 47.18 | 32.26% |
| 2023-06-29 | 6 | 70 | 40 | 47.8 | 35.99 | 32.81% |
| 2023-10-02 | 7 | 51 | 44 | 46.8 | 39.03 | 19.91% |
| 2023-11-01 | 7 | 46 | 39 | 42.6 | 34.80 | 22.41% |
IBTX Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.29 | 2 | 1 | 4 | 0 | 0 | 7 |
The Trend in the Broker Recommendations
IBTX's average broker recommendation rating worsened by 0.49 over the prior 20 months.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for IBTX as an investment opportunity.
- To contextualize these metrics, consider that out of all US stocks, INDEPENDENT BANK GROUP INC's variance in analysts' estimates is lower than -735.82% of them.
- IBTX has a higher upside potential (average analyst target price relative to current price) than 2154.06% of Banking stocks.
- In terms of how INDEPENDENT BANK GROUP INC fares relative to Banking stocks, note that its average analyst price target is greater than 2660.73% of that group.
- In the context of stocks in the mid market cap category, INDEPENDENT BANK GROUP INC's number of analysts covering the stock is higher than 1062.29% of them.
In terms of price targets and recommendations offered by analysts, the stocks in the Banking industry with the ratings most similar to INDEPENDENT BANK GROUP INC are CUBI, SFBS, and HOMB.
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