Independent Bank Group, Inc (IBTX) Social Stream



Independent Bank Group, Inc (IBTX): $43.40

0.93 (+2.19%)

POWR Rating

Component Grades

Momentum

B

Stability

C

Sentiment

Quality

D

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Industry: Southeast Regional Banks

Industry

F

Ranked

#27 of 27

in industry

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.

Make investment decisions regarding IBTX using the data that counts. Try POWR Ratings for free.


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